Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. The company operates through three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing. The Networked Solutions segment provides a combination of communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated application software for acquiring and transporting application-specific data. The Outcomes segment offers value-added, enhanced software and services for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company markets its products directly through its sales force, as well as through indirect sales force consisting of distributors, sales representatives, partners, and meter manufacturer representatives to utilities and municipalities. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

Itron, Inc.

Itron provides smart energy and water solutions. The company serves utility providers and cities to modernize critical infrastructure and enhance resource management, self-described as a leader in its field.

Itron

Oil and Gas

Comverge

Utilities

Itron Resourcefulness

Itron Idea Labs

Itron, Inc. | 98,205 followers on LinkedIn. Innovating new ways for utilities and cities to manage energy and water. | Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our proven portfolio of smart networks, software, services, meters and sensors helps our customers better manage energy and water for the people they serve.

Beth Lillie

Solution Delivery Program Manager

Cherry A. Haywood, P.E., EMBA, PMP, CSSBB, CISSP

Chuck Allen

Business Development

Bindu Gill

On behalf of the entire Itron team, thank you to our customers, partners and industry leaders who joined us in the desert for #ItronInspire24 . Together, we explored the pressing challenges and innovative solutions shaping a more sustainable, resilient #Energy future. Marina Donovan , Itron's vice president of ESG global marketing and public affairs, shared key themes and takeaways from this year’s customer-focused event. Read her insights below:

A 2024 ThoughtLab study revealed the top challenges for modern #Cities : climate change, public health, affordable housing, crime and public safety, pollution and aging infrastructure. Our reimagined CityEdge portfolio is designed to address these priorities head-on. Discover how CityEdge empowers cities worldwide with innovative, data-driven solutions at the Smart City Expo World Congress in Barcelona, Nov. 5-7, Hall 3, Booth B61. Join us in solving tomorrow’s challenges, today. #SCEWC24 More information below:

We joined Frankie McDermott, SMUD 's chief operating officer, at their headquarters in California for a fireside chat. With Zpryme moderating, Frankie and Itron's Ty Roberts discussed SMUD's Connected Clean PowerCity project, which leverages our Grid Edge Intelligence portfolio. 🔌 As part of the project, they're increasing #Grid resiliency, optimizing #Energy distribution and integrating renewable energy sources.

We're pleased to introduce our CityEdge portfolio. 🌇 It addresses challenges and opportunities facing #Cities in five key areas: 1. Smart lighting 2. Traffic and highways 3. Environment and sustainability 4. Public safety 5. Energy, water and utilities The portfolio brings together #IoT technologies to solve real-city challenges today, while preparing cities for the future. No two cities are the same and each faces challenges related to climate disruption, aging #Infrastructure , budget constraints and more. That's why we are excited to unveil our CityEdge portfolio to address a wide array of these challenges. More details in the Itron press release: https://bit.ly/3YK8dwU

Congrats to Itron customer, Sarawak Energy , for winning five awards at the Asian Power Awards! Over the years, Sarawak Energy and Itron have collaborated on many projects. In 2018, Itron and Syarikat SESCO Berhad (SESCO), a subsidiary of Sarawak Energy, collaborated on a pilot of 6,000 #AMI endpoints. This pilot expanded in 2022 when SESCO signed a 15-year contract to deploy Itron’s communications #Network for 180,000 AMI endpoints. Our work together has expanded over the years, and we are thrilled to see Sarawak Energy’s hard work recognized with these awards: 🏆 Smart Grid Project of the Year - Malaysia 🏆 Power Utility of the Year - Malaysia 🏆 Innovative Power Technology of the Year - Malaysia 🏆 Power Plant Upgrade of the Year - Malaysia 🏆 Hydro Power Project of the Year - Bronze From left to right in the photo: Itron's Razali Mohd , Sarawak Energy Berhad 's Selamat Wong and Itron's Nikunj Desai . https://bit.ly/3NKTn2W

What an inspiring few days we had at the world's largest conference for women in engineering and technology, WE24: Together We Rise, held by the Society of Women Engineers . This year was filled with interactive sessions and discussions from leading experts, content creators and #Innovators who discussed emerging trends, career insights and the evolving challenges within the industry. Here’s to another great year at #SWE24 filled with empowering women and driving innovation! #WomenInSTEM #Empower #TogetherWeRise #WomenEngineers

Last month, we hosted our 15th annual ISO Forecasting Summit in Seattle, Washington! With 42 attendees from 11 Independent System Operators (ISOs) across the U.S., Canada, and Australia, this year’s event was one of our most well-attended yet. The event provided a valuable forum for #ISOs to exchange insights on the latest #Forecasting challenges and solutions shaping the #Energy industry. Rich Simons, principal forecast consultant at Itron, shared some key takeaways:

In today’s rapidly evolving utility landscape, artificial intelligence (AI) is taking the industry by storm, driving new possibilities and presenting challenges to overcome. RFID Journal shared key findings from our recently published Resourcefulness Insight Report, offering a close look at how utilities are deploying #AI and machine learning (ML) to meet rising energy demands, enhance safety, streamline operations and boost resilience. Read the full article for insights into the future of AI for #Utilities : https://bit.ly/4dPYObq

Utilities today have the opportunity to collect large amounts of #Data . In fact, some utilities have more data than they know what to do with. Itron #CEO , Tom Deitrich, discusses the transition to AMI 2.0: “I would say that mileage varies pretty greatly from customer to customer,” Deitrich said. “And that’s not a criticism, that’s a reality. There are leaders in the marketplace that have eight or 10 apps downloaded onto those meters doing something in real time every day. We have others that are starting to seed it into their population. You don’t have to rip and replace the whole thing. The beauty of the solution is it’s forward-backward compatible, so you can put it where you need it.” - Tom Deitrich https://bit.ly/4eZVdc9

We're in Milan, Italy for Enlit Europe , the continent's biggest and most influential event on sustainable #Energy , the energy transition and #Decarbonization . 💡 With over 15,000 attendees, 700 exhibitors and 500 speakers, we've been connecting with industry leaders and showcasing our Grid Edge Intelligence Solutions. Our discussions have highlighted Itron's intelligent devices, smart foundational networks and software and services. #EnlitEurope #IAmEnlit #EnlitEurope2024

NASDAQ:ITRI

Itron

Last Close

122.93

08/11 21:00

Market Cap

4.59B

Beta: 1.34

Volume Today

289.69K

Avg: 276.60K

PE Ratio

43.67

PFCF: 79.69

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