Itron's future-proof solution features standards-based
interoperability and distributed intelligence
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, has been
selected by Public Service Company of New Mexico (PNM) to modernize the
utility's electric distribution system with Itron's OpenWay RivaTM
IoT solution. PNM will deploy the solution across its entire service
territory as a part of its Advanced Metering Infrastructure (AMI)
Project, which aims to improve operational efficiency and customer
service.
As the state's largest electricity provider, PNM serves more than
500,000 New Mexico residential and business customers. With the OpenWay
Riva solution, customers will have prompt access to usage information
via a customer portal and the ability to request customized alerts
related to their usage. PNM will be able to reduce operating costs and
experience operational benefits, including improved outage management,
same-day service connections and disconnections, and timely, accurate
and flexible billing for customers.
Itron's OpenWay Riva solution features a highly secure,
multi-application network infrastructure. The solution provides
utilities with a robust AMI network with the capability to extend into
other utility applications, such as advanced distribution automation and
management, smart street lighting and integration of distributed energy.
"Itron's OpenWay Riva IoT solution will help PNM address its immediate
needs for streamlined operations and reduced costs while laying the
foundation for future capabilities," said Mark de Vere White, president
of Itron's Electricity business line. "With this selection, PNM joins
more than 10 other utilities that have chosen Itron's OpenWay Riva
solution, which has the power to transform utility operations,
delivering new value in distribution system efficiency, reliability and
safety."
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® and OpenWay® are registered trademarks of
Itron, Inc. All third party trademarks are property of their respective
owners and any usage herein does not suggest or imply any relationship
between Itron and the third party unless expressly stated.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170130005300/en/
Itron, Inc.
Sharelynn Moore, 509-891-3524
Vice
President, Global Marketing and Public Affairs
sharelynn.moore@itron.com
Source: Itron, Inc.
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