Itron Named a Visionary in the 2022 Gartner® Magic Quadrant™ for Managed IoT Connectivity Services, Worldwide

Rhea-AI Summary

Itron, Inc. (NASDAQ: ITRI) has been recognized as a Visionary in the 2022 Gartner Magic Quadrant for Managed IoT Connectivity Services. This distinction highlights Itron's expertise in providing IoT platform solutions for utilities and city services, with over 78 million endpoints managed globally. The company's platform enhances connectivity and intelligence, crucial for the digital transformation of energy and water management, enabling efficient and resilient services. Itron continues to support its clients by delivering actionable insights through its IIoT solutions.

Positive

• Named a Visionary in the 2022 Gartner Magic Quadrant for Managed IoT Connectivity Services.
• Manages over 78 million endpoints, showcasing significant market presence.
• Provides a globally proven IIoT platform that enhances efficiency and resilience in service delivery.

Negative

• None.

Report Recognizes Itron’s Ability to Execute and Completeness of Vision

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI), which is transforming the way utilities and cities manage energy and water, announced that it has been named a Visionary in the 2022 Gartner Magic Quadrant for Managed IoT Connectivity Services, Worldwide¹. According to Gartner, “the Managed IoT connectivity service market enables connectivity, data collection, and analysis and additional decision services that are necessary for connected solutions.”

“We are proud to be named a Visionary by Gartner. We believe this report recognizes our expertise as an IoT platform solution provider for software and managed services and our experience in delivering smarter Industrial IoT (IIoT) solutions to revolutionize energy, water and city services,” said Don Reeves, senior vice president of Outcomes at Itron. “With more than 78 million endpoints under management by Itron, we are committed to supporting utility and city customers by providing secure intelligently connected solutions to deliver new services to consumers and support a broad ecosystem of IIoT devices.”

Connectivity and intelligence enable the digital transformation of critical energy, water and city services. Itron's globally proven, multi-purpose platform securely connects millions of IIoT devices around the world. Connecting any combination of water, electricity and gas, Itron’s IIoT platform helps cities, utilities and critical infrastructure operators deliver more efficient, reliable and resilient services. By collaborating with its ecosystem of partners, Itron delivers value-added applications and services that easily connect to its IIoT network. Itron’s platform delivers reliable, resilient performance for all the use cases a utility or city wants to enable ​via connectivity and inclusion of other IoT edge sensors, devices, analytics and a variety of communications options including RF mesh, cellular and more. Itron’s IIoT platform harnesses vast amounts of data and unlocks actionable insights to drive critical decisions. It enables customers to reduce their operating costs, empower consumers to manage their energy and water usage and costs, while maintaining distribution system resilience as an increasing number of distributed energy resources need to be supported. Itron enables automation of enterprise business processes and a closed loop, next-generation user experience between utilities, cities and energy consumers, helping utilities and cities achieve business results and greater value.

To download the complete report, visit https://go.itron.com/gartner-2022-iotmq.

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.

 

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¹ Gartner, Magic Quadrant for Managed IoT Connectivity Services, Worldwide, Pablo Arriandiaga, Eric Goodness, Leif-Olof Wallin, Kameron Chao, 31 January 2022

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved

Gartner does not endorse any vendor, product or service depicted in our 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 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. 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220203005307/en/

Itron, Inc.

Alison Mallahan

Senior Manager, Corporate Communications

509-891-3802

PR@Itron.com

Source: Itron, Inc.

FAQ

What does it mean that Itron is named a Visionary by Gartner?

Being named a Visionary recognizes Itron's capability to execute and its completeness of vision in the Managed IoT Connectivity Services market.

How many endpoints does Itron manage?

Itron manages over 78 million endpoints worldwide.

What services does Itron provide to utilities and cities?

Itron provides IoT platform solutions and managed services, helping utilities and cities with energy, water, and city services management.

What is the significance of the Gartner Magic Quadrant report for Itron?

The Gartner Magic Quadrant report evaluates technology providers, and being recognized as a Visionary indicates Itron's strong market position and innovative capabilities.

What impact does Itron's IIoT platform have on service delivery?

Itron's IIoT platform ensures efficient, reliable, and resilient service delivery for utilities and cities, enhancing operational performance.