Itron Inc
ITRIItron Inc (ITRI) is a technology company that provides solutions for energy and water resource management. Specializing in smart meters, data analytics, and utility-grade communications, Itron helps utilities and cities optimize energy and water distribution, improve operational efficiencies, and enhance customer service through innovative digital infrastructure.
Company News
The article presents four market predictions for 2026: (1) Gemini's market share surge may challenge OpenAI's AI dominance, potentially disrupting the sector; (2) a stock market correction of 10%+ is likely in the second half of 2026, following historical patterns; (3) an electricity power bottleneck for AI infrastructure creates opportunities fo...
The global smart utilities market is projected to grow from $46.64 billion in 2024 to $157.46 billion by 2034, driven by grid automation, IoT, and digital technologies. North America leads the market, with Asia Pacific and Middle East showing fastest growth potential.
Itron has partnered with Connected Lighting Solutions (CLS) to deploy smart lighting technologies across Australia, enabling more efficient urban infrastructure and supporting utilities and councils in improving public services and reducing emissions.
Itron Inc. announced plans to acquire Locusview, a privately held utility-focused software company, for $525 million in cash. The acquisition aims to expand Itron's Resiliency Solutions and digital construction management capabilities.
Itron is supporting Project Jupiter in Western Australia to accelerate the integration of distributed energy resources (DERs) using its Low Voltage Distributed Energy Resource Management System, enabling households and businesses to participate in virtual power plants.
