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ITRI & MSFT to Boost Utility Management With AI-Driven Intelligence
ZACKS· 2025-03-24 12:50
Itron, Inc. (ITRI) recently joined forces with Microsoft (MSFT) to unveil the power of generative artificial intelligence (Gen AI) to utilities and cities. The initiative aims to enhance data accessibility, optimize decision-making and improve operational efficiency by integrating Microsoft’s Copilot AI technology into Itron’s Intelligent Edge Operating System (IEOS). Set to launch globally in the second quarter of 2025, this AI-fueled platform will act as a virtual assistant for utility operators, allowing ...
Itron and Schneider Electric Collaborate to Tackle Grid Complexity, Enable Visibility and Control at the Grid Edge, Integrating Microsoft Solutions
GlobeNewswire· 2025-03-24 12:45
Collaboration to Extend Grid Edge Intelligence to the Utility Control CenterLIBERTY LAKE, Wash. and BOSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), a leader in grid edge intelligence, and Schneider Electric, a leader in the digital transformation of energy management and automation, are expanding their collaboration with Microsoft to deliver a comprehensive Grid Edge Intelligence solution that addresses utility grid visibility and control challenges. This collaboration takes advantage ...
ITRI Teams With Tesla & Xcel to Deploy Virtual Power Plant in Colorado
ZACKS· 2025-03-21 17:55
Core Insights - Itron, Inc. has announced a collaboration with Tesla and Xcel Energy to deploy an advanced virtual power plant (VPP) in Colorado, enhancing the management of distributed energy resources (DERs) [1] - The IntelliFLEX solution introduced by Itron is designed for near real-time DER optimization, enabling aggregation, forecasting, and AI-driven load balancing [2] - Itron's IntelliFLEX Aggregator DER Management System (DERMS) currently manages over 3 million DER devices for 30 utilities across the U.S. [3] Collaboration Details - The collaboration integrates Itron's IntelliFLEX solution with Tesla's battery storage platform, utilizing solar power stored in Tesla Powerwall batteries for real-time grid support [4] - This integration will expand Xcel Energy's Renewable Battery Connect program, increasing dispatchable residential batteries and supporting electrification goals [4] - The combination of Itron's DERMS and Tesla's battery technology allows a network of DERs to operate as a single virtual power plant, enhancing grid reliability during peak demand [5] Strategic Partnerships - Itron's strategic collaborations include partnerships with Encycle Technologies for HVAC optimization, Xcel Energy for addressing evolving energy needs, and Pacific Gas and Electric Company to enhance electric vehicle charging availability [6] - The company has also renewed its long-term partnership with Pepco to advance next-generation edge demand response technologies [6] Stock Performance - Itron currently holds a Zacks Rank 2 (Buy) and has seen a stock price increase of 19.4% over the past year, contrasting with a 7.5% decline in the Zacks Electronics - Testing Equipment industry [7]
Xcel Energy to Deploy Advanced Virtual Power Plant in Colorado with Itron and Tesla
GlobeNewswire· 2025-03-20 20:05
Integration of Itron's IntelliFLEX Aggregator DERMS Solution and Tesla Home Batteries Drives Grid Flexibility, Visibility and Control LIBERTY LAKE, Wash., March 20, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for energy providers and cities to manage energy and water, is collaborating with Tesla Inc. to deploy an advanced virtual power plant (VPP) in Colorado in collaboration with Xcel Energy. The collaboration is part of a new effort in Itron's ongoing work with Xcel E ...
Itron Collaborates with Microsoft to Enhance Utility Operations with Generative AI
GlobeNewswire· 2025-03-20 12:45
Natural Language Queries on Itron’s Intelligent Edge Operating System to Significantly Improve Data AccessLIBERTY LAKE, Wash., March 20, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working with Microsoft to enhance the way utilities access data across their business operations, leading the utility industry with Grid Edge Intelligence. The companies are integrating Microsoft’s generative artificial intelligence (Gen ...
Itron to Bring NVIDIA-Powered Artificial Intelligence to the Grid Edge
GlobeNewswire· 2025-03-19 20:05
Powering the Future of Utilities with High-Performance Edge Computing to Support Rapidly Increasing Demands of Grid Resilience, Customer Engagement and AffordabilityLIBERTY LAKE, Wash., March 19, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced a collaboration with NVIDIA to address the industry’s most pressing challenges by accelerating the adoption of AI-powered solutions at the grid edge for utilities an ...
Itron (ITRI) Recently Broke Out Above the 200-Day Moving Average
ZACKS· 2025-03-18 14:30
Itron (ITRI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ITRI broke through the 200-day moving average, which suggests a long-term bullish trend.A useful tool for traders and analysts, the 200-day simple moving average helps determine long-term market trends for stocks, commodities, indexes, and other financial instruments. It moves higher or lower in conjunction with longer-term price performance, and serves as a support or resistance ...
Itron & CHINT Global Unveil GCP-Compliant Residential Smart Meter
ZACKS· 2025-03-17 14:00
Itron Inc. (ITRI) recently partnered with CHINT Global, which specializes in metering solutions, to introduce the first-ever residential electric smart meter based on the DLMS User Association’s AC Electricity Smart Meter (ACESM) Generic Companion Profile (GCP) standard. The initiative aims to enhance interoperability, reduce integration costs and accelerate the global adoption of smart metering technologies.The GCP standard developed by the DLMS User Association provides a common framework to ensure intero ...
Itron (ITRI) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-03-13 23:05
Itron (ITRI) ended the recent trading session at $103.91, demonstrating a +0.76% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.91% for the day. Elsewhere, the Dow saw a downswing of 1.5%, while the tech-heavy Nasdaq depreciated by 1.96%.Coming into today, shares of the energy and water meter company had gained 5.5% in the past month. In that same time, the Computer and Technology sector lost 10.57%, while the S&P 500 lost 7.38%.Investors will be e ...
Earnings Estimates Rising for Itron (ITRI): Will It Gain?
ZACKS· 2025-03-13 17:20
Investors might want to bet on Itron (ITRI) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this energy and water meter company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnin ...