Itron Recognized as a Leader in the 2017 Gartner Magic Quadrant for Meter Data Management Products
January 16 2018 - 3:05PM
Business Wire
Recognition from Gartner 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 fifth consecutive year, it has
been named a Leader in Gartner Inc.’s Magic Quadrant for Meter Data
Management Products.1
“We are proud to be named a Leader again by Gartner for our
Itron Enterprise Edition™(IEE) Meter Data Management (MDM)
solution, which we believe continues to meet the needs of the IoT
world with data processing and analysis at the edge of the
network,” said Bruce Douglas, senior vice president and general
manager of software and services at Itron. “We feel our product was
recognized for its functional readiness to satisfy different
utilities and speaks to the completeness of our solution. Providing
consistent, meaningful data collection critical to smart metering,
IEE MDM supports a simplified environment that consolidates reading
data from multiple collection systems to accurately evaluate AMI
systems.”
“From Itron’s perspective, the recognition of its IEE MDM marks
it as a mature product with a broad functional scope and robust
validation, estimation and editing (VEE) capabilities,” Douglas
added.
As a leading provider of utility metering solutions, Itron has
provided IEE MDM to 83 utility companies with more than 39 million
meters in the field. Itron manages key aspects of a utility’s data
collection from IEE MDM through the cloud, using a managed services
model called Itron Total Outcomes. Harnessing cloud services, Itron
Total Outcomes integrates analytic applications for 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 evaluated 13 vendors based on their ability to execute
and completeness of vision in this Magic Quadrant. According to the
report, “Leaders in this market are normally 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).
Leaders should support customer-related, asset-related and
market-related consumption data use. Leaders in this market must
pair advanced technology with broad offerings, rich functionality
and the capability to configure their solutions to different needs.
They must be able to offer their solutions on-premises and in the
cloud. They should also be able to demonstrate the financial
viability needed to fuel R&D to support new technology
requirements (such as web services and service-oriented
architecture, enterprise service bus [ESB] integration and IoT
alignment). In addition, Leaders must enable meter consumption data
sharing across functional silos in utilities. This year, four
vendors are in the Leaders quadrant for the MDM market.”
Source: Gartner, “Magic Quadrant for Meter Data Management
Products,” Zarko Sumic, Keith Harrison, 28 December 2017.
1 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.
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Itron, Inc.Alison Mallahan, 509-891-3802Senior Public
Relations Manageralison.mallahan@itron.com
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