ITRON INC in Smart Grid Software

The company follows various organic growth strategies for long-term market progress. In order to increase its market scope and quality of its services portfolio, the company undertakes various partnerships and service agreements. Itron has formed alliances with several complementary players to maintain a competitive market edge. The company’s strategic focus is to expand its business and tap regions with emerging market potential. This will help it build a new customer base and increase its regional reach. In 2016, Itron expanded its business capabilities in India by increasing its workforce for achieving more innovations and productivity in the energy industry. In 2015, Itron entered into an agreement with Linea Distribution, an Italian natural gas provider, to modernize Linea’s gas distribution system by using its ChoiceConnect smart metering network solution. This helped Linea Distribution to reduce operational costs and provide customers with energy consumption estimations. In 2017, Itron acquired Comverge, a software and hardware provider, for developing energy efficient solutions. The acquisition helped Itron strengthen its grid solutions portfolio with industry-leading demand response offerings. The company partners with third-party vendors to provide hardware, software, and associated services for meter installation, communication network equipment, and infrastructure.