Revenue 2 billion USD (2014) | Industry Technology Founded 1977 | |
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Traded as NASDAQ: ITRIS&P 600 Component Number of locations 49 sites in over 100 countries (of which 27 are manufacturing facilities) Products Itron RivaSmart MetersSmart GridData CollectionAnalysis SoftwareData ManagementWater Comm ModulesProfessional ServicesSensing + ControlSolar Monitoring CEO Philip Mezey (1 Jan 2013–) Subsidiaries Actaris Metering Systems, Actaris Ltda Profiles | ||
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Itron is an American technology company that offers products and services on energy and water resource management. Its headquarters is in Liberty Lake, Washington, United States. Its products and services include technology solutions related to smart grid, smart gas and smart water that measure and analyze electricity, gas and water consumption. Its products include electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services. Itron has over 8,000 customers in more than 100 countries.
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Itron launches resourcefulness
History
Itron was founded by a small group of engineers trying to find more efficient ways to read meters in Hauser Lake, Idaho, in 1977. In 1984, Itron experienced global expansion into the Asian market and developed new manufacturing plants in France and the U.K. By 2006, Itron consulting teams were created to offer services for energy efficiency programs, renewables, conservation and demand response. Itron gained national recognition from the White House in 2010, for its commitment to U.S.-based manufacturing and contributions to a clean energy economy. Within the same year, Itron and Cisco formed an alliance to deliver Internet Protocol (IP) communications to the smart grid market thus changing networking capabilities for utilities. Itron is a founding member of the Smart Cities Council, having joined in 2013. Itron is also a partner of Microsoft CityNext helping with global Smart City initiatives. After developing Itron OpenWay Riva adaptive communications technology (ACT), Itron launched the Itron Riva Developers Community for the Internet of Things, for developers interested in developing software applications for the IoT space.
Acquisitions
2012 - Itron acquires SmartSynch, cellular communications and also acquires C&N GasGate Technology for enhanced smart gas distribution systems.
2007 - Itron expands global footprint and both gas and water metering products are added to product portfolio. Itron acquires Actaris Metering Systems.
2004 – Itron acquires Schlumberger Electricity Metering.
2002 - Itron acquires software solutions for distributed system design, field workforce management and energy forecasting.
1996 - Itron acquires UTS, bringing MV-90 metering software application to its product portfolio.
1995 - AEG Meters are acquired with production sites in Italy, Germany, Spain & South Africa.
1993 – Itron acquires two German companies, Heliowatt and Danyl.
1989 - Itron acquires a number of metering companies including, Thorn Emi Gas Metering in the U.K. and Bosco Spa in Italy.
1987 – Itron acquires Allmess Congermania and Conteuro Rigas in Europe, as well as two U.S. companies for gas and water meter technology, Sprague and Neptune, respectfully.
Utilities
Various utilities have worked with Itron to deploy smart meters, advanced communications technology, analytics software and other resource management solutions. Below are some of the utilities that have worked and partnered with Itron for smart meter projects.