Itron and Innowatts Collaborate to Deliver AI-Powered AMI Predictive Insights to Electric Utilities
Summary
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today announced a sales and integration collaboration with Innowatts, a leading provider of AMI-enabled predictive analytics and AI-based solutions. Together, the companies will deliver a comprehensive solution providing utilities with AI-driven data insights for predictive analytics, allowing them to enhance customers’ energy experience and boost grid stability. Innowatts’ data diagnostics and predictive analytics will also provide insights into customer usage behavior for marketing, rate design and distribution planning purposes. “This collaboration will allow electric utilities to take full advantage of their existing Itron network to unlock actionable new insights, predict customer consumption and generate important intelligence about customer energy usage behaviors.” “Through our open, standards-based AMI network, we are able to collaborate with leading solutions providers like Innowatts, which uniquely combines customer-level AMI data with the largest single body of smart-meter analytics and machine learning-enabled intelligence on energy consumers,” said Don Reeves, senior vice president of Outcomes at Itron. 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.
