Itron Enterprise Edition™ Meter Data Management System Again Achieves SAP® Certification as Integrated with SAP S/4HANA®

Rhea-AI Summary

Itron, Inc. (NASDAQ: ITRI) announced the SAP certification of its ISAIM 2.0 interface for the Itron Enterprise Edition™ Meter Data Management System (MDMS) version 10.0. This integration with SAP S/4HANA aids utilities in reducing implementation costs and total ownership expenses, providing access to over 80 certified services. Itron’s partnerships with SAP have lasted over 15 years, with existing customers utilizing over 25 million endpoints. The IEE MDMS is recognized as a leading solution globally, supporting utilities in managing energy and water resources efficiently.

Positive

• SAP certification enhances credibility and marketability of ISAIM 2.0 integration.
• Access to over 80 productized and SAP-certified services improves utility operational efficiency.
• Established relationships with over a dozen customers and 25 million endpoints demonstrate market acceptance.

Negative

• None.

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today that the interface software ISAIM 2.0 for the product Itron Enterprise Edition™ (IEE) Meter Data Management System (MDMS) version 10.0 has again achieved SAP certification as integrated with SAP S/4HANA^®. The integration helps utilities reduce total cost of ownership and lower project implementation costs, with access to more than 80 productized and SAP-certified services through IEE MDMS.

“For more than 15 years, Itron has partnered with SAP with a commitment to product integration,” said Don Reeves, senior vice president of Outcomes at Itron. “This latest certification demonstrates that commitment to ensure integration of the interface software ISAIM 2.0 for the product IEE MDMS version 10.0 with SAP S/4HANA. The long-term collaboration between Itron and SAP means that our customers’ investments in the integration are well preserved. We will adapt to and evolve with new services and functionality as business needs change.”

As utilities undergo digital transformation, it is critical that meter data management (MDM) solutions support rapidly expanding use cases with an increasing volume of data and analytics – at scale. IEE MDMS helps utilities evolve and leverage their data management vision and strategy through a flexible, extensible solution. With this certification, utilities will have access to a wide range of SAP and IEE MDMS-integrated use cases, such as meter configuration, export of interval data, two-way controls like connect/disconnect, billing request and response and more. Utilities have the option to use all 80 services, or a subset, depending on the business needs and requirements.

The SAP^® Integration and Certification Center (SAP ICC) has certified that the interface software ISAIM 2.0 for the product Itron Enterprise Edition™ (IEE) Meter Data Management System (MDMS) 10.0 integrates with SAP S/4HANA using standard integration technologies. SAP S/4HANA is a future-ready ERP system, with built-in intelligent technologies, that transforms business processes with intelligent automation and runs on SAP HANA – a market-leading in-memory database that offers real-time processing speeds and a dramatically simplified data model.

“Itron has more than a dozen customers who have implemented integrations with SAP S/4HANA via Itron’s solution, representing more than 25 million endpoints,” added Reeves. “More than half of these customers have been in production for more than 10 years. The integration of the interface software for IEE MDMS with SAP S/4HANA continues to become more robust due to the extensive experience with these customers.”

Itron Enterprise Edition (IEE) Meter Data Management System (MDMS) is an industry-leading data management solution for residential gas, water and electric meters, C&I meters and IoT sensors. The ever-evolving platform provides utilities and cities with the flexibility, value and functionality needed regardless of deployment size. IEE MDMS is one of the most globally deployed meter data management system in the world. The installed base comprises over 100 customers across six continents with more than 45 million meters in production.

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating 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.

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission, including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.”

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FAQ

What is the significance of Itron's ISAIM 2.0 certification with SAP S/4HANA?

The certification indicates that ISAIM 2.0 integrates with SAP S/4HANA, helping utilities lower implementation costs and improving operational efficiency.

How does Itron's IEE MDMS impact utilities managing their operations?

The IEE MDMS provides a flexible and scalable solution, allowing utilities to adapt to evolving data management needs effectively.

What are the benefits of using the IEE MDMS for utilities?

Utilities gain access to more than 80 certified services, which enhances their data management capabilities and reduces overall operational costs.

How long has Itron been partnered with SAP?

Itron has partnered with SAP for over 15 years, focusing on product integration to better serve utility customers.

What is the installed base of Itron's MDMS globally?

Itron's MDMS is globally deployed with over 100 customers and more than 45 million meters in production.