Itron Expands Collaboration with Microsoft to Accelerate the Energy Transition

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water is expanding its long-term collaboration with Microsoft to accelerate cloud adoption and the next generation of consumer and grid edge solutions for the utility and smart cities industries. The collaboration uniquely brings together Itron’s leading energy management solutions and Microsoft’s leading cloud solutions to transform how end users view and manage their energy, and how utilities meet the demands of a rapidly changing industry. Itron is working with Microsoft to develop solutions that deliver unprecedented insights and benefits for utilities, communities and enterprises to reach their goals, including grid resilience, consumer engagement, operational efficiency and decarbonization.

With a focus on security, reliability and value, the collaboration will address industry critical challenges, such as greenhouse gas emissions, carbon tracking, zero carbon goals, clean energy matching, data accessibility and operational insights. This includes network visibility, asset management, outage management and insights into Electric Vehicle (EV) and distributed energy resource loads that are essential to enabling a decarbonized grid. The collaboration will deliver integrated solutions to measure, report and accelerate the path to net zero for utilities and their customers. Utilities will also be able to unlock additional value and data from their smart grid implementations, including new use cases such as location awareness, intelligent voltage monitoring, real-time transformer load monitoring, EV and solar awareness, active premise load shedding and more.

The expansion of the collaboration will benefit industry stakeholders, consumers and others by enabling high-fidelity data to be utilized at the edge of utilities’ and cities’ connected IoT platforms. Example use cases that will benefit from this data, analytics and integration include:

1. Utilities tracking towards net zero goals and engaging their customers around carbon management
2. Distributed energy resource providers identifying customers who can benefit from their products and customers who desire advanced energy solutions
3. Utilities improving demand side management, outage communication, outage prevention and outage management

By increasing the number of cloud-ready solutions for the next-generation technology stack, the collaboration will enable faster deployment, increase cost effectiveness, and enhance security and resilience. With Microsoft, Itron is accelerating the extension of its leading Advanced Metering Infrastructure (AMI), data management and analytics solutions to the cloud in global markets.