Itron, Inc. (NASDAQ: ITRI) announced today that its meter data management (MDM) solution has been positioned by Gartner, Inc. in the “Leaders” quadrant of the Magic Quadrant for Meter Data Management Products i, achieving a new position from its previous one in the “Challengers” quadrant. Itron’s combined ability to execute and completeness of vision garnered placement in the coveted Leaders quadrant.
“Itron is proud to be recognized by Gartner in the Leaders quadrant,” said Jeff Carkhuff, vice president of global product management for electricity at Itron. “As one of the original MDM vendors, Itron has a great depth of experience and understanding of utilities’ needs for meter data management. We view MDM as an expanding set of capabilities, rather than a specific system or database architecture, that help utilities make faster, more informed decisions. We believe our position in the Leaders quadrant affirms our leadership and vision for helping utilities leverage data to improve operations and be more resourceful.”
Gartner’s research, authored by Zarko Sumic and released on Dec. 11, 2013, was centered on the evaluation of 12 “top of mind” vendors that met the report’s inclusion criteria, including offering an MDM product that supports all key components of energy consumption data lifecycles and scalability to support interval meter reading. The research focused on vendor capability assessments as well as product positioning in the rapidly maturing MDM market.
In production at over 60 energy companies and managing more than 33 million meters, Itron Enterprise Edition (IEE) Meter Data Management (MDM) is an industry-leading MDM solution that creates value from smart metering data and helps utilities realize the full benefits of their smart metering deployments. The highly scalable enterprise application centralizes the collection, processing, storage and complex analysis of meter and other utility-related data.Beyond typical meter data management, Itron’s MDM solution utilizes Itron Analytics to help utilities turn metering data into actionable intelligence: improving operations, distribution system efficiency, reliability and asset management. In addition, Itron has designed its analytics platform and applications so they, along with MDM services, can be delivered efficiently and securely through a cloud-based managed services model, greatly expanding the flexibility of adoption depending on business models, IT resources and organizational skill sets.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts