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ITRI Itron Inc

107.15
-0.90 (-0.83%)
08 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Itron Inc NASDAQ:ITRI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.90 -0.83% 107.15 106.31 107.72 107.97 106.17 107.38 339,072 01:00:00

Australian Council to Modernize Water Distribution System with Itron Solutions

29/04/2024 1:00am

Business Wire


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Itron and Cairns Regional Council Expand Collaboration on Water Security and Conservation

Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is collaborating with Cairns Regional Council (Council), located in Queensland, Australia, to deploy Itron’s intelligent connectivity and analytic solution, which includes Intelis® wSource NB-IoT water meters and the utility’s existing mesh network technology that utilizes Itron’s unified Temetra® NB-IoT digital platform for data collection and data management. The Itron solution will be deployed over the next three years as part of Council’s comprehensive water security plan to take advantage of technology to better identify water leaks and improve customer experience.

This project builds on phase one of the Council’s smart water network project, which included an initial deployment of Itron’s Intelis ultrasonic water meters and integrated IoT network solution. Now, in this second phase, Itron and the Council are working together to deploy additional Intelis smart water meters, which will be managed by Itron’s Temetra NB-IoT digital platform to improve collection, tracking and management of water data from all endpoints within its network.

Itron’s intelligent connectivity solution will allow the Council to tackle a number of operational challenges related to water. Once the Intelis wSource water meters and NB-IoT digital platform are deployed, the Council will benefit from:

  1. Faster Identification of Water Leaks – Temetra improves visibility before and after the meter to help address non-revenue water losses in the distribution system.
  2. Improved Customer Experience – With the Intelis NB-IoT water meter, the Council can help their customers better manage water usage by providing advanced, data driven insights.
  3. Extended Meter Life – The Intelis NB-IoT water meter’s durable components and battery are designed to enable a 15-year lifetime even in harsh conditions.
  4. Reduction of Costs – The Intelis NB-IoT water meter maintains accuracy in harsh conditions and delivers long-lasting performance in the field, lowering costs, and requiring fewer repairs and replacements.

“Water scarcity on the rise globally, and adopting a proactive approach to deploying a fully integrated water AMI solution serves as an example for other utilities and municipalities to ensure that their water infrastructure is built to address challenges they will face in the future,” said Don Reeves, senior vice president of Outcomes at Itron. “At Itron, we are excited to continue our work with the Council to help the utility prepare for increased demand for water and asset management challenges.”

About Itron

Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com.

Itron, Intelis, and Temetra are registered trademarks of Itron, Inc. in the United States and Australia. 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.

Itron, Inc.

  • LinkedIn: www.linkedin.com/company/itroninc
  • X: https://twitter.com/ItronInc
  • Newsroom: https://na.itron.com/newsroom
  • Blog: https://blogs.itron.com

 

Itron, Inc. Alison Mallahan Senior Manager, Corporate Communications 509-891-3802 PR@Itron.com

Paul Vincent Vice President, Investor Relations 512-560-1172 Investors@itron.com

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