Itron Idea Labs to deliver new, strategic solutions for Internet of
Things at faster pace
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and services
company dedicated to the resourceful use of energy and water, announced
today the launch of Itron Idea Labs, an organization within Itron that
is dedicated to developing new business opportunities in high-growth
industries and emerging markets utilizing Itron Riva™ technology. Itron
Riva is the first-of-its-kind distributed intelligence platform that
supports sensing technologies and dynamic applications at the device
level. Itron Idea Labs will focus on accelerating innovation by being
agile; testing new, cutting-edge solutions; engaging with customers
early in the process to determine their business need; and delivering
new, strategic solutions at a faster pace. The result will be an
ecosystem of Internet of Things partners and applications for the
OpenWay Riva network.
Itron Idea Labs will collaborate with customers and partner companies to
help identify, research and develop new technologies and business models
using the distributed computing power of Itron Riva. Among Itron Idea
Labs’ current projects are the Itron Solar Gate and Itron Phase ID. The
Itron Solar Gate, with embedded Itron Riva technology, optimizes solar
installations and operations by collecting and analyzing use data from
solar inverters and electric meters. The Itron Phase ID offers a more
efficient way of identifying which voltage phase a household is
connected to as today’s options are expensive and complicated. Properly
identifying a meter’s phase increases efficiencies and reliability
during outage restoration, load balancing and voltage monitoring.
“With Itron Idea Labs, Itron is demonstrating its commitment to
innovation and rapidly developing new technologies and solutions using
the power of Itron Riva technology. Itron Solar Gate and Itron Phase ID
are great examples of how Itron Idea Labs has worked closely with
customers and partners to address a problem and define new solutions at
a faster pace. We have the agility of a startup company and the
resources of a world-leading technology and services company,” said Dr.
Roberto Aiello, managing director of the Itron Idea Labs. “The
possibilities are endless as we broaden our conversations with customers
and partners. We are confident in the growth, efficiency and innovations
the collaborative effort of the Itron Ideas Lab can provide for the
industry, bringing the power of IoT faster.”
About Itron
Itron is a world-leading technology and services company dedicated to
the resourceful use of energy and water. We provide comprehensive
solutions that measure, manage and analyze energy and water. Our broad
product portfolio includes electricity, gas, water and thermal energy
measurement devices and control technology; communications systems;
software; as well as managed and consulting services. With thousands of
employees supporting nearly 8,000 customers in more than 100 countries,
Itron applies knowledge and technology to better manage energy and water
resources. Together, we can create a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc.
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