Itron expands water portfolio with i2O solution to optimize
distribution network performance
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, announced
a new alliance with i2O Water, the U.K.-based world leader in smart
pressure management for water networks. The collaboration will expand
Itron's water portfolio and round out its non-revenue water (NRW)
offering, enabling utilities to more effectively and efficiently manage
water resources around the world. i2O's innovative technology helps
minimize non-revenue water by reducing physical water losses in the
distribution network.
i2O's Smart Pressure Management solution joins Itron's suite of NRW
products, including acoustic leak detection, district metering and
analytics. i2O's solution automatically and continuously optimizes water
pressure according to consumption and day-to-day changes in flow. The
patented technology provides utilities with visibility into network
performance and remote control of pressures to reduce operating costs,
better serve customers and extend the life of network infrastructure.
The technology conserves water resources through reduced leakage and
bursts, cutting the energy consumption associated with water
distribution and reducing the carbon footprint of operating distribution
networks.
"i2O's unique solution rounds out Itron's portfolio of water technology,
giving our customers access to the industry's leading pressure
management technology," said Gavin van Tonder, president of Itron's
water business line. "i2O's technology is critical to managing precious
water resources and helping utilities realize efficiencies by reducing
non-revenue water and associated energy costs. Our collaboration with
i2O opens new doors for current and future customers around the world."
Itron has signed a five-year agreement to distribute i2O's Smart
Pressure Management products. This new alliance will combine the
strengths of each company, including Itron's leadership in the smart
water metering space and i2O's market-leading Smart Pressure Management
technology, giving Itron's customers access to a comprehensive NRW
offering.
"We are delighted to be working with Itron. The company's skills and
expertise in the smart metering industry make Itron an ideal partner to
distribute i2O's new Smart Pressure Management solutions," said Adam
Kingdon, business development director and co-founder of i2O Water.
"Through this collaboration, Itron will be able to help many more water
utilities reduce their leakage and burst frequency, lower operational
costs and improve customer service."
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, Inc.
Sharelynn Moore, 509-891-3524
Vice
President, Corporate Marketing and Public Affairs
sharelynn.moore@itron.com
Source: Itron, Inc.
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