Itron Recognized as a Leader in 2016 Gartner Magic Quadrant for Meter Data Management Products
20 December 2016 - 12:45AM
Business Wire
Position based on completeness of vision and
ability to execute
Itron, Inc. (NASDAQ: ITRI), a world-leading technology and
services company dedicated to the resourceful use of energy and
water, announced today that, for the fourth consecutive year, it
has been named to the leaders quadrant in Gartner Inc.’s Magic
Quadrant for Meter Data Management (MDM) Products1.
“Itron Enterprise Edition (IEE) MDM is evolving to meet the
needs of an IoT world, where more data processing and analysis is
taking place in edge devices rather than solely in MDM systems and
the back office. This means supporting a broader range of devices,
data sets and protocols than just metering and having the
intelligence and business flows to enable analytic processing to
take place where it makes the most sense,” said Bruce Douglas,
senior vice president and general manager of software and services
at Itron. “We are proud to again be named as a leader in Gartner’s
Magic Quadrant for Meter Data Management Products and be recognized
for our leadership in meter data management.”
IEE MDM is a mature product with a broad functional scope and
robust validating, editing and estimating (VEE) capabilities,
Gartner reported. The industry-leading solution is in production at
76 utility companies with more than 38 million cumulative meters.
Itron’s IEE MDM and related analytic outcomes are delivered via the
cloud using a managed services model, called Itron Total Outcomes,
in which Itron manages all aspects of a utility’s data collection,
network management and analytics. Tightly integrated analytic
applications include voltage analysis, transformer load management,
theft and tamper detection, customer portal, customer service
representative portal, and grid reliability analysis, which are all
offered via the cloud.
Gartner’s research evaluated 14 vendors’ ability to execute and
completeness of vision. According to the report, “leaders in this
market normally are included on shortlists for MDM products for all
types of utilities worldwide. They should perform profitably, grow
their revenue and have a presence in all major markets. Their
functionality must be above-average, and their technology and
scalability must be leading-edge. They must offer an MDM product
that supports the functional needs of utilities operating in
multiple market structures (integrated and unbundled), and focuses
on customer-related, asset-related and market-related consumption
data use. Because of the diverse drivers for AMI and MDM
deployments, buyers worldwide continue to have a wide-ranging set
of needs and wants that challenge providers to develop a single
product that is equally appealing to buyers in different
regions.”
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner’s research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
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. 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.
1 Gartner “Magic Quadrant for Meter Data Management Products”
Zarko Sumic, December 7, 2016
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Itron, Inc.Sharelynn Moore, 509-891-3524Vice President,
Global Marketing and Public Affairssharelynn.moore@itron.com
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