Itron Introduces Itron Idea Labs to Accelerate Innovation
February 03 2016 - 8:45AM
Business Wire
Itron Idea Labs to deliver new, strategic
solutions for Internet of Things at faster pace
Itron, Inc. (NASDAQ:ITRI), a world-leading technology and
services company dedicated to the resourceful use of energy and
water, announced today the launch of Itron Idea Labs, an
organization within Itron that is dedicated to developing new
business opportunities in high-growth industries and emerging
markets utilizing Itron Riva™ technology. Itron Riva is the
first-of-its-kind distributed intelligence platform that supports
sensing technologies and dynamic applications at the device level.
Itron Idea Labs will focus on accelerating innovation by being
agile; testing new, cutting-edge solutions; engaging with customers
early in the process to determine their business need; and
delivering new, strategic solutions at a faster pace. The result
will be an ecosystem of Internet of Things partners and
applications for the OpenWay Riva network.
Itron Idea Labs will collaborate with customers and partner
companies to help identify, research and develop new technologies
and business models using the distributed computing power of Itron
Riva. Among Itron Idea Labs’ current projects are the Itron Solar
Gate and Itron Phase ID. The Itron Solar Gate, with embedded Itron
Riva technology, optimizes solar installations and operations by
collecting and analyzing use data from solar inverters and electric
meters. The Itron Phase ID offers a more efficient way of
identifying which voltage phase a household is connected to as
today’s options are expensive and complicated. Properly identifying
a meter’s phase increases efficiencies and reliability during
outage restoration, load balancing and voltage monitoring.
“With Itron Idea Labs, Itron is demonstrating its commitment to
innovation and rapidly developing new technologies and solutions
using the power of Itron Riva technology. Itron Solar Gate and
Itron Phase ID are great examples of how Itron Idea Labs has worked
closely with customers and partners to address a problem and define
new solutions at a faster pace. We have the agility of a startup
company and the resources of a world-leading technology and
services company,” said Dr. Roberto Aiello, managing director of
the Itron Idea Labs. “The possibilities are endless as we broaden
our conversations with customers and partners. We are confident in
the growth, efficiency and innovations the collaborative effort of
the Itron Ideas Lab can provide for the industry, bringing the
power of IoT faster.”
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® is a registered trademark of Itron, Inc.
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version on businesswire.com: http://www.businesswire.com/news/home/20160203005394/en/
Itron, Inc.Sharelynn Moore,
509-891-3524sharelynn.moore@itron.comVice President, Corporate
Marketing and Public Affairs
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