Itron's OpenWay Riva™ IoT Solution and SaaS Provide Foundation for
Energy Smart Community
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 AVANGRID, Inc. (NYSE: AGR) to lay the foundation for its
Energy Smart Community (ESC) in Ithaca, New York.
AVANGRID is a diversified energy and utility company with electric and
natural gas operations serving 3.1 million customers in New York and New
England. The company will deploy Itron's OpenWay Riva and smart gas
solutions to 12,400 electric customers and 7,300 natural gas customers
of New York State Electric and Gas (NYSEG) in Ithaca. NYSEG is
installing Advanced Metering Infrastructure in the community to support
AVANGRID's ability to serve as a Distributed System Platform provider to
advance New York's Reforming the Energy Vision initiative.
Itron's OpenWay Riva solution will provide the foundation for the ESC
project with a highly secure, multi-application network infrastructure.
The solution features distributed computing power throughout the
network, enabling real-time analysis of data and peer-to-peer
communication among intelligent devices at the edge the network. These
capabilities enable AVANGRID to manage rapidly changing grid conditions
and deliver new services and value to its customers. The company will
also benefit from the solution's adaptive communications technology,
which will deliver high performance communications with optimized
connectivity in a single, unified network and communication solution. In
addition, AVANGRID will take advantage of Itron's analytics and meter
data management software-as-a-service (SaaS).
"Itron is honored to work alongside this progressive company as it
explores the possibilities of an ‘Active Grid' that is more efficient,
reliable and responsive to customer needs and energy policy objectives,"
said Mark de Vere White, president of Itron's Electricity business line.
"Itron's OpenWay Riva solution is the only IoT-ready solution available
that delivers the distributed computing power and communications
capabilities to extend awareness and control all the way to the edge of
the distribution network and to the customer premise. Our OpenWay Riva
solution will provide the platform for AVANGRID to transform both its
operations and its relationship with its customers in Ithaca. We look
forward to collaborating with them on this groundbreaking project."
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/20170131006486/en/
Sharelynn Moore, 509-891-3524
President, Global Marketing and Public Affairs
Source: Itron, Inc.
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