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Last $33.91 USD
Change Today -0.53 / -1.54%
Volume 398.2K
ITRI On Other Exchanges
As of 8:10 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

itron inc (ITRI) Key Developments

Itron, Inc. Announces Board Appointments

The Board of Directors of Itron, Inc. elected Diana D. Tremblay and Frank M. Jaehnert as directors, effective June 1, 2015. At the time of their election, the Board committee assignments for these new directors had not yet been determined. On June 24, 2015, the Board appointed Ms. Tremblay to the Compensation Committee and Mr. Jaehnert to the Corporate Governance and the Audit/Finance Committees. These appointments will be effective July 1, 2015.

Itron, Inc. Announces to Launch of Itron Total Solar

Itron, Inc. announced that launch of Itron Total Solar, a complete offering that combines production measurement, asset monitoring, sensing applications and forecasting in a managed services offering for solar photovoltaic (PV) generation. The comprehensive offering is a part of Itron Total Services, which takes Itron’s capabilities in metering, communications, data management, analysis and professional services, and packages them together in a simplified, subscription-based pricing structure. With Itron Total Solar, Itron’s experts run, manage and maintain Itron’s solar offering, simplifying deployment of monitoring and communications technology and lowering the total cost of ownership for utilities and third-party solar providers. Designed for quick installation with new or installed solar assets, Itron Total Solar includes a revenue-grade OpenWay CENTRON solar meter that collects, stores and uploads solar PV production data via an existing fast, reliable and secure 4G LTE cellular network. With Itron Total Solar, the production data, along with analytic services, are made available to subscribers via a secure, cloud-based infrastructure and easy-to-use interface. The solar service provides an accurate, reliable way to measure and monitor solar production, which is often distributed across a wide geographic area. Installation of the monitoring technology is 'plug and play' with streamlined activation.

Itron Introduces Itron Riva Developers Community

Itron, Inc. introduced Itron Riva Developers Community, inviting developers to create applications for its Itron Riva platform. Itron Riva distributed intelligence platform that supports sensing technologies and dynamic applications at the device level. With the developers community, Itron is accelerating app software development for the Itron Riva platform, further enabling an ecosystem of Internet of Things (IoT) applications. The Itron Riva Developers Community will offer developers the tools to prototype, validate and develop turnkey IoT applications. These applications could cover various IoT verticals, such as energy and water management, building energy management, smart street lighting and solar monitoring. The applications will run on interconnected devices, which could include parking meters, appliances, streetlights, sensors and more.

Linea Distribuzione Selects Itron, Inc. to Modernize Natural Gas Distribution System in Northern Italy

Itron, Inc. announced that Linea Distribuzione, has signed a contract with Itron to modernize its gas distribution system. Linea Distribuzione will pilot Itron’s ChoiceConnect Network solution, marking the first deployment of the solution in Europe. The solution will be deployed in the city of Crema to manage approximately 17,000 meters and will be operated by Itron, which will help Linea Distribuzione comply with the European Union’s smart metering directive as implemented into the Italian mandate for the rollout of smart meters. The solution will also help the utility transform its business operations, customer engagement and resource management. With the fixed network solution, which is based on the recently assigned European band of 169MHz, Linea Distribuzione and its customers will have access to detailed meter data, improving operations and informing customers of their gas usage to empower them to change behaviors and save energy. Access to near real-time customer usage information will also help expedite bill reconciliation. The solution’s full two-way communication to the meter will enable on-demand reads and disconnects to be easily conducted without having to go into the field.

Salzburg Ag Expands Smart Grid Contract with Itron, Inc

Itron, Inc. announced that Salzburg AG has expanded its smart grid contract with Itron. In the second phase of its smart grid pilot project, Salzburg AG will upgrade its OpenWay smart grid solution with Itron Riva edge intelligence technology, enabling adaptive communications technology along with computing capabilities for meters and other grid devices at the edge of the network. The OpenWay Riva solution builds on the Cisco IPv6 multi-application smart grid reference architecture installed at Salzburg AG. This is the first pilot of OpenWay Riva technology in Europe. Salzburg AG will utilize the solution's adaptive communications technology, which combines two communications technologies radio frequency (RF) and power line carrier (PLC) on the same chip set. The technology automatically utilizes the most reliable and fastest communication path and most efficient modulation scheme based on its location, network operating conditions and the nature of the application or data.


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