Itron expands water portfolio with WaterSmart Software to optimize
water efficiency and consumer engagement applications
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and services
company dedicated to the resourceful use of energy and water, and
WaterSmart Software, the technology pioneer of behavioral customer
engagement solutions that save water and money, today announced a new
alliance. The collaboration will expand Itron's water Advanced Metering
Infrastructure (AMI) portfolio in North America to include WaterSmart's
innovative consumer engagement technology. The technology helps
utilities become more water efficient by engaging consumers with their
water usage and delivering actionable data to utilities.
Itron signed a three-year agreement to distribute WaterSmart's software
platform, which uses behavioral science to influence how people use
water. This new alliance will combine the strengths of each company,
including Itron's leadership in delivering smart networks and analytics,
and WaterSmart's market-leading consumer engagement technology, giving
Itron's customers access to a comprehensive AMI solution, including
consumer engagement applications.
The WaterSmart platform leverages utility meter, climate and property
data to better communicate with residential customers and help them save
water, energy and money. Water suppliers also receive analytics that
reveal insights into customer consumption and program participation
trends. Utilities using the platform have demonstrated an increase in
customer satisfaction of more than 35 percent.
"WaterSmart Software's consumer engagement platform builds on the
strengths of Itron's portfolio of water technology and analytics,
providing our customers with additional actionable data to more
effectively manage water resources," said Paula Billingham, Itron vice
president of sales, marketing and delivery for Water North America. "Our
utility customers will greatly benefit from WaterSmart's expertise in
enhancing consumer engagement and deriving more value from data
collected throughout the distribution network. This is critical to
managing precious water resources and helping utilities realize
efficiencies by reducing non-revenue water and associated energy costs."
"We are excited to collaborate with one of the leading water AMI
providers in the world as we work to help utilities and their customers
improve water efficiency and engage with their water use. Using our
advanced technology solutions, water utilities are able to better
educate their consumers about how much water their household is using,
how it compares to others and how they can save water and money. These
benefits translate into significant system-wide savings for utilities in
the form of avoided costs for water, energy, treatment, and future
capital investments which helps ensure sufficient supplies of our most
precious resource for all our communities," said Robin Gilthorpe,
WaterSmart Software chief executive officer. "Our collaboration will
provide new opportunities for Itron's current and future customers."
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.
About WaterSmart Software
WaterSmart Software empowers water utility managers with actionable
insights from a sea of data to help increase customer satisfaction,
reduce unaccounted for water loss, and improve operational efficiency.
Utilities using WaterSmart's award-winning, cloud-based analytics and
customer engagement platform have demonstrated an increase in customer
satisfaction of more than 35%. Come help us change the way the world
uses water.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160616005360/en/
Itron, Inc.
Sharelynn Moore, 509-891-3524
Vice
President, Global Marketing and Public Affairs
sharelynn.moore@itron.com
or
WaterSmart
Software
Jeff Lipton, 415-366-8622 x816
Director of
Marketing
jlipton@watersmart.com
Source: Itron, Inc.
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