Itron Expands Smart Grid Project in Austria with Edge Intelligence and Adaptive Communications
May 20 2015 - 8:45AM
Business Wire
Salzburg AG to utilize Itron technology for
reliable connectivity
Itron, Inc. (NASDAQ: ITRI), a world-leading technology and
services company, announced today that Salzburg AG, energy supplier
for 260,000 customers in the province of Salzburg, Austria, has
expanded its smart grid contract with Itron. In the second phase of
its smart grid pilot project, Salzburg AG will upgrade its OpenWay
smart grid solution with Itron Riva edge intelligence technology,
enabling adaptive communications technology along with computing
capabilities for meters and other grid devices at the edge of the
network. The OpenWay Riva solution builds on the Cisco IPv6
multi-application smart grid reference architecture installed at
Salzburg AG. This is the first pilot of OpenWay Riva technology in
Europe.
Salzburg AG will utilize the solution’s adaptive communications
technology, which combines two communications technologies – radio
frequency (RF) and power line carrier (PLC) – on the same chip set.
The technology automatically utilizes the most reliable and fastest
communication path and most efficient modulation scheme based on
its location, network operating conditions and the nature of the
application or data.
With the smart grid solution, Salzburg AG will test smart grid
use cases, including remote service switch capabilities, on-demand
meter reading and network resiliency. The OpenWay Riva solution
will also give Salzburg AG the ability to perform data analysis and
take action at the edge of the network. Action at the edge reduces
network traffic, eases the burden of transmitting high volumes of
data back for analysis and minimizes human intervention to perform
tasks that can be automated.
“In this next phase of our smart grid pilot, Salzburg AG looks
forward to benefiting from Itron’s OpenWay Riva solution. The
solution’s adaptive communication technology could give us the
flexibility we need to switch between RF and PLC communications for
assured connectivity at the highest possible speeds,” said Thomas
Rieder, head of smart metering at Salzburg AG. “We are highly
interested in evaluating the benefits of a robust, secure,
multi-service smart grid network and smart grid applications in the
field.”
“Itron is excited to bring our OpenWay Riva solution to Europe
as a part of Salzburg AG’s smart grid pilot. Our OpenWay Riva
solution answers Salzburg AG’s need for reliable, flexible
communications while enabling various smart grid applications that
increase network resiliency and quality of service,” said Mark de
Vere White, president of Itron’s electricity business unit. “Itron
is constantly innovating to meet the needs of our customers and
OpenWay Riva is the latest example of that. We look forward to
helping Salzburg AG benefit from the solution’s revolutionary
communications technology and edge computing capabilities.”
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150520005582/en/
Itron, Inc.Sharelynn Moore, 509-891-3524Vice President,
Corporate Marketing and Public Affairssharelynn.moore@itron.com
Itron (NASDAQ:ITRI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Itron (NASDAQ:ITRI)
Historical Stock Chart
From Apr 2023 to Apr 2024