Recognition from Gartner based on completeness of vision and ability
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
today that for the fifth consecutive year, it has been named a Leader in
Gartner Inc.'s Magic Quadrant for Meter Data Management Products.1
"We are proud to be named a Leader again by Gartner for our Itron
Enterprise Edition™(IEE) Meter Data Management (MDM) solution, which we
believe continues to meet the needs of the IoT world with data
processing and analysis at the edge of the network," said Bruce Douglas,
senior vice president and general manager of software and services at
Itron. "We feel our product was recognized for its functional readiness
to satisfy different utilities and speaks to the completeness of our
solution. Providing consistent, meaningful data collection critical to
smart metering, IEE MDM supports a simplified environment that
consolidates reading data from multiple collection systems to accurately
evaluate AMI systems."
"From Itron's perspective, the recognition of its IEE MDM marks it as a
mature product with a broad functional scope and robust validation,
estimation and editing (VEE) capabilities," Douglas added.
As a leading provider of utility metering solutions, Itron has provided
IEE MDM to 83 utility companies with more than 39 million meters in the
field. Itron manages key aspects of a utility's data collection from IEE
MDM through the cloud, using a managed services model called Itron Total
Outcomes. Harnessing cloud services, Itron Total Outcomes integrates
analytic applications for voltage analysis, transformer load management,
theft and tamper detection, customer portal, customer service
representative portal and grid reliability analysis, which are all
offered via the cloud.
Gartner evaluated 13 vendors based on their ability to execute and
completeness of vision in this Magic Quadrant. According to the report,
"Leaders in this market are normally included on shortlists for MDM
products for all types of utilities worldwide. They should perform
profitably, grow their revenue and have a presence in all major markets.
Their functionality must be above-average, and their technology and
scalability must be leading-edge. They must offer an MDM product that
supports the functional needs of utilities operating in multiple market
structures (integrated and unbundled). Leaders should support
customer-related, asset-related and market-related consumption data use.
Leaders in this market must pair advanced technology with broad
offerings, rich functionality and the capability to configure their
solutions to different needs. They must be able to offer their solutions
on-premises and in the cloud. They should also be able to demonstrate
the financial viability needed to fuel R&D to support new technology
requirements (such as web services and service-oriented architecture,
enterprise service bus [ESB] integration and IoT alignment). In
addition, Leaders must enable meter consumption data sharing across
functional silos in utilities. This year, four vendors are in the
Leaders quadrant for the MDM market."
Source: Gartner, "Magic Quadrant for Meter Data Management Products,"
Zarko Sumic, Keith Harrison, 28 December 2017.
1Gartner does not endorse any vendor, product or
service depicted in its research publications, and does not advise
technology users to select only those vendors with the highest ratings
or other designation. Gartner research publications consist of the
opinions of Gartner's research organization and should not be construed
as statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
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/20180116006545/en/
Alison Mallahan, 509-891-3802
Source: Itron, Inc.
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