Itron, Inc. : Itron Releases Powerful Analytics for Gas Utilities
January 22, 2014 at 09:47 am EST
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LIBERTY LAKE, Wash. - Jan. 22, 2014 - Itron, Inc. (NASDAQ: ITRI) announced today an expansion of its analytic capabilities in North America with Itron Analytics for gas. The managed service analytic application uses data from Itron's gas meters, communication modules and sensing devices to provide actionable intelligence and insights that help utilities improve operational efficiencies and asset management. The analytic application takes advantage of Itron's gas expertise and addresses the challenges gas utilities face with aging infrastructure, increased demand and safety concerns.
Itron Analytics for gas features a data store optimized for analytics, business intelligence dashboards and gas utility specific analytics. In addition, modules for revenue protection, district metering and cathodic protection help utilities better manage the delivery and use of gas. The analytic application has a simple, intuitive user interface to allow gas utility personnel to easily access and analyze critical information about their system. Itron Analytics is integrated with Itron's ChoiceConnect solution to provide a comprehensive solution for gas utilities.
Further, Itron Analytics can be installed locally or managed by Itron Services. By using Itron Services to manage Itron Analytics, utilities ensure the most value from the application. As a part of the managed services offering, Itron operates and manages the analytics solution and provides operational recommendations to utilities, delivering a predictable cost model and enabling utilities to focus on core operations.
"Safety, reliability and efficiency are key to the future of gas distribution. Itron Analytics for gas is a powerful offer that will help gas utilities ensure increased demand is met and that natural gas delivery is safe and reliable," said Carl Porter, vice president of sales, marketing and delivery for Gas North America at Itron. "The launch of Itron Analytics for gas is a great example of how Itron listens to our customers' needs and delivers solutions that help meet their business objectives."
Itron Analytics for gas is a part of the Itron Analytics solution, which is designed to turn data-spanning multiple commodities and applications-into faster, and more informed decision making. By looking across a utility's advanced metering systems combining GIS, customer information and other databases, Itron Analytics gives utilities the tools and insight to manage, interpret and act on increasingly large and complex smart metering information. It allows utilities to derive greater value from their smart distribution investments and realize the full potential of their systems.
Itron, Inc. provides energy, water, smart city, Industrial Internet of Things (IIoT) and intelligent infrastructure services. The Company operates in three segments. The Device Solutions segment primarily includes hardware products used for measurement, control, or sensing. Its Networked Solutions segment primarily includes a combination of communicating devices, network infrastructure, and associated head-end management and application software designed and sold as a complete solution for acquiring and transporting application-specific data. Its Outcomes segment includes its value-added, enhanced software and services, artificial intelligence, and machine learning in which it enable grid edge intelligence and manage, organize, analyze, and interpret raw, anonymized data to improve decision making. It is also engaged in embedding real-time, high-resolution grid edge data into the grid planning, operations and engineering process. Its solutions include technology, software and services.
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