Itron recognized as the leader for OpenWay Riva™ IoT solution strategy and execution
Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that it has been ranked the leader in the Navigant Research Leaderboard Report for Utility Field Area Networking (FAN). Itron received high marks in the report for its vision and product portfolio, including its OpenWay Riva IoT solution, which delivers distributed intelligence, advanced FAN communications and broad device interoperability over a standards-based network.
“Itron has differentiated itself from many competitors through its innovative OpenWay Riva solution, strong partner relationships and a sustainable business model. As the leader in this leaderboard, Itron holds an enviable position in the FAN market,” said Richelle Elberg, principal research analyst at Navigant Research and co-author of the report.
Itron’s OpenWay Riva solution provides distributed intelligence throughout the network, including the FAN, at the edge and in the utility back office. The solution’s adaptive communications technology delivers high-performance communications with assured connectivity using one unified network and communication solution. The standards-based, highly-secure network can readily accept new devices from an ever-expanding ecosystem of Itron Riva-enabled third-party technologies.
“Itron is proud to be recognized as the leader in utility field area networking by Navigant Research. Our OpenWay Riva IoT solution is helping utilities unlock significant new value in distribution system operations and customer service by solving problems in new, yet very practical and cost-effective ways,” said Mark de Vere White, president of Itron’s Electricity business line. “The OpenWay Riva solution has the power to transform utility operations and deliver new value in distribution system efficiency, reliability, safety and new services for customers.”
This Navigant Research Leaderboard Report examines the strategy and execution of 10 leading utility FAN providers. The grid edge connectivity providers are rated on 12 criteria: vision; go-to market strategy; partners; production strategy, technology; geographic reach; sales, marketing and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated and ranked with the goal of providing an objective assessment of their relative strengths and weaknesses in the global utility FAN market.
According to the report, leaders in the FAN market are enjoying large project wins and are proactively broadening their technology and solution offering portfolios. They have global reach, have demonstrated technological innovation and participate in numerous strategic alliances.
To learn more about the Navigant Research Leaderboard Report on Utility Field Area Networking, visit www.itron.com/FANLeader.
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.
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