Fully Managed Service to Deliver Performance-based Management Outcomes
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Jan. 9, 2019--
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and
cities manage energy and water, announced the launch of its Outage
Analysis service. Provided as a fully managed service, the new offering
provides utilities with an outage detection and notification outcome
through performance-based contracts that require no upfront expense or
startup fees.
Using the award-winning managed services solution Itron
installed for Otter Tail Power Company as a model for the solution,
this new outcomes offering will give utilities increased outage
visibility into select endpoints and the ability to view voltage and
reliability data. As a result, utilities can leverage insights more
efficiently to inform consumers of outages and deploy assets to improve
outage management efficiency.
The cellular-based technology and Microsoft Azure-hosted analytics can
be installed quickly with no upfront expense while laying the groundwork
to add other analytic packages or transform to a fully integrated
solution. The managed service is delivered based on guaranteed
pay-for-performance to ensure desired results. Itron provides the meter,
hosts the data, delivers reports and provides outage analysis and
outcomes to utilities so they can focus on their core business
operations.
“We take advantage of Itron’s cellular solution, analytics and managed
services to monitor service interruptions and improve outage response,”
said Rod Jensen, Otter Tail Power Company’s reliability engineer. “This
new solution offers similar outcomes to a wide range of utilities.”
“The launch of this offering demonstrates Itron’s commitment to
delivering value accessible to utilities of all sizes, including small
and mid-sized utilities,” said Aravind Yarlagadda, senior vice president
of the Outcomes business at Itron. “With our new Outage Analysis
service, utilities can harness a holistic solution strategy for outage
information with the opportunity for future decision support and
performance outcomes.”
The service is available for purchase in North America, and there are
plans to offer the service internationally.
About Itron
Itron is a world-leading technology and services company dedicated to
the resourceful use of energy Itron enables utilities and cities to
safely, securely, and reliably deliver critical infrastructure services
to communities in more than 100 countries. Our portfolio of smart
networks, software, services, meters and sensors helps our customers
better manage electricity, gas and water resources for the people they
serve. By working with our customers to ensure their success, we help
improve the quality of life, ensure the safety and promote the
well-being of millions of people around the globe. Itron is dedicated to
creating a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark 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: https://www.businesswire.com/news/home/20190109005040/en/
Source: Itron, Inc.
Itron, Inc.
Alison Mallahan
Senior Public Relations
Manager
509.891.3802
alison.mallahan@itron.com