itron inc (ITRI) Key Developments
Itron, Inc. Announces Expansion of the Partner Ecosystem for Itron's OpenWay Riva Solution
Sep 28 15
Itron, Inc. announced the expansion of the partner ecosystem for Itron's OpenWay Riva solution the first-of-its-kind, smart-grid-by-design technology featuring adaptive communications technology and distributed computing power that supports new smart grid applications. The ecosystem brings together multiple electricity meter solution vendors to support the OpenWay Riva solution in Europe, Middle East and Africa (EMEA). With these additions to the OpenWay Riva ecosystem, Itron is addressing industry requirements to have multiple options for technology suppliers for smart grid projects in EMEA. The expanded ecosystem, which will initially focus on the Austrian market, includes Kapsch BusinessCom and Kapsch Smart Energy, Itron’s integration partner in Austria, and technology and solution suppliers Schrack Technik Energie in cooperation with EMH Metering, Kamstrup and Wasion Group Ltd. The objective of the consortium is to supply OpenWay Riva-powered devices that are compliant with global metering and Internet of Things telecommunication standards, including those promoted by HomePlug Netricity. The collaboration will enable utilities in EMEA to take advantage of Itron’s OpenWay Riva solution and deploy a single network that incorporates two communications technologies radio frequency (RF) and power line carrier (PLC) working in concert in the same device in real time. The solution also provides a unified device-level software platform for new smart grid applications that leverage high-performance communications and distributed computing power. This enables new approaches that significantly improve the accuracy and timeliness of smart grid applications such as outage detection and analysis, transformer load management and energy diversion detection.
Yorkshire Water Enters into New Contract with Itron to Further Optimize Its Metering Capability in the UK
Sep 17 15
Itron Inc. announced that Yorkshire Water Services has entered into a new contract with Itron for the supply of Itron’s advanced water meters for both residential and commercial customers. Yorkshire Water currently manages the treatment and distribution of water in West Yorkshire, supplying more than 1.2 billion liters of drinking water each day. The contract includes the supply of up to 500,000 high-end water meters equipped with radio communication modules to the Yorkshire, UK region over the next five years. Leveraging accurate data around consumption, reliable leakage notifications and advanced alarm options, Itron’s water solution will help YWS assess the performance of its network and assets through reliable communication pathways. The YWS operations team will be able to bill the end users for their actual consumption and this gained visibility will further empower end-customers to foster more conscious water habits, make informed decisions and ultimately save money.
TransData, Inc. Files Patent Infringement Lawsuits Against General Electric, Itron, Inc. and Landis+Gyr AG
Sep 16 15
TransData, Inc. announced that the company has filed patent infringement lawsuits in the United States District Court for the Eastern District of Texas against General Electric, Itron, Inc. and Landis+Gyr AG. In the lawsuits, TransData asserts that General Electric, Itron and Landis+Gyr are willfully infringing TransData's U.S. Patent Nos. 6,181,294; 6,462,713 and 6,903,699 (the 'Smart Meter Patents') by making, using, selling, and/or offering for sale in the United States, or importing into the United States various digital electric meters equipped with an internal 'under-glass' wireless communication circuit and antenna. TransData's Smart Meter Patents relate to the Company's development of the first digital electric meter to be equipped with an internal 'under-glass' wireless communication circuit and antenna. Current licensees of TransData's Smart Meter Patents include Sensus USA, Sensus Metering, Southern Company, Alabama Power, Georgia Power, Mississippi Power, Gulf Power, M2M Technologies and Telensa Ltd., among others. As a result of the electric utility litigations, TransData's Smart Meter Patents have been subjected to 13 validity challenges at the U.S. Patent and Trademark Office, including four challenges filed by Itron and nine by General Electric. In each instance, the Patent Office reconfirmed the validity of all claims in TransData's Smart Meter Patents.
Itron, Inc. Announces Change of Auditors
Sep 11 15
On September 10, 2015, the Board of Itron, Inc. approved the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the year ending December 31, 2016. Additionally on September 10, 2015, the Board approved the dismissal of Ernst & Young LLP as independent registered public accounting firm of the company.
City of Murfreesboro, Tenn., to Modernize Infrastructure with Itron Smart Water Solution
Aug 6 15
Itron, Inc. announced that the City of Murfreesboro, Tenn., Water & Sewer Department (MWSD) has selected Itron’s smart water solution to modernize its water distribution system. Provider of water to nearly 100,000 customers, MWSD will use the solution to more effectively and efficiently manage the delivery and use of water through automation, leak detection and analytics. Itron’s smart water solution enables MWSD to take advantage of detailed meter data and analytics to support enhanced customer service, revenue protection, consumption forecasting, flow analysis and district metering. Utility customers will have online access to their accounts and consumption information, helping them better understand their water usage to reduce the amount they use and save money before they get their bill. With Itron’s leak detection technology, MWSD will acoustically listen to its distribution system to pinpoint leaks, enabling MWSD to better monitor distribution lines for leaks, helping reduce non-revenue water, associated costs and potential service disruptions caused by major leak events.