Itron : Promotes Smart Grid Interoperability in Austria as Coalition Founding Member
November 09, 2015 at 09:00 am EST
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LIBERTY LAKE, Wash. - Nov. 9, 2015 - Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that it is a founding member of the Austrian Intelligent Solutions Interoperability Coalition (AISIC). The coalition's objective is to enable the consistent technical implementation of smart grid technologies over Internet Protocol (IP)-based networks, which leverage IEEE-standard communication technologies. Itron, Kaspch BusinessCom and Cisco are founding members of AISIC, which will be led and administered by Kapsch.
The coalition will ensure technical interoperability of end devices with field area network hardware and headend systems at the application layer through the creation and maintenance of technical interoperability profiles. The interoperability profiles will be made available to any party, not just coalition members, for a nominal, non-prohibitive fee. To ensure interoperability, the coalition will also develop a certification process to be performed and verified by an independent test body.
'Itron has long held the belief that interoperability and open standards will be the key to smart grid success. That is why we are proud to be a founding member of the Austrian Intelligent Solutions Interoperability Coalition, which will help ensure interoperability of smart grid devices and help utilities in Austria experience the full potential of the smart grid,' said Pieter Coetzee, senior director, business development, EMEA at Itron.
Itron, Inc. provides energy, water, smart city, Industrial Internet of Things (IIoT) and intelligent infrastructure services. The Company operates in three segments. The Device Solutions segment primarily includes hardware products used for measurement, control, or sensing. Its Networked Solutions segment primarily includes a combination of communicating devices, network infrastructure, and associated head-end management and application software designed and sold as a complete solution for acquiring and transporting application-specific data. Its Outcomes segment includes its value-added, enhanced software and services, artificial intelligence, and machine learning in which it enable grid edge intelligence and manage, organize, analyze, and interpret raw, anonymized data to improve decision making. It is also engaged in embedding real-time, high-resolution grid edge data into the grid planning, operations and engineering process. Its solutions include technology, software and services.
ITRON, INC. 
