Report Recognizes Itron as the Leader in the Global Industry for
Residential Demand Response for Its Strategy and Execution
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
ranked as the market leader in the Navigant Residential Demand Response
Leaderboard. According to the report, published in Q3 2017, Itron was
the only company ranked a Leader in both the strategy and execution
categories and "has the strongest foothold within the [residential
demand response] market, offering a turnkey service for utilities."
"Itron leads the Residential Demand Response Leaderboard with its
diversified portfolio of hardware, software and services, and scored
higher than the second-tier vendors that offer partial solutions. Itron
differentiated itself through extensive hardware and software
development; solid implementation services; deep market and customer
relationships; and a sustainable business model," said Brett Feldman,
principal research analyst at Navigant Research.
"Itron is honored to be the only Leader in the Navigant Research
Residential Demand Response Leaderboard," said Steve Hambric, Itron vice
president of Distributed Energy Management. "We are committed to
delivering solutions built upon distributed energy resources, such as
demand response, that are deployed and managed to optimize the
distribution grid and customer experience. As we work to deliver great
outcomes to our customers, it is rewarding to be named the market leader
by Navigant Research."
Comverge, which was acquired by Itron in June 2017, was named the
industry's number one demand response vendor in Navigant Research's last
Demand Response Leaderboard, published in 2015. Itron's acquisition of
Comverge has opened opportunities for new product offerings and channels
across the globe, including fully integrated AMI and demand response
solutions under a unified network solution.
According to the Navigant Research report, this leaderboard was
determined by analyzing the strengths and weaknesses of the key players
in the global industry and displaying those rankings visually in the
Navigant Research Leaderboard Grid. Navigant Research determined that
those in the Leader category are strongest position for long-term
To learn more about the Navigant Research Leaderboard Report on
Residential Demand Response visit this link.
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. 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/20170913006316/en/
Sharelynn Moore, 509-891-3524
President, Global Marketing and Public Affairs
Source: Itron, Inc.
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