Louisville Water Company Signs Contract with Itron to Improve Operational Efficiency
Itron, Inc. (ITRI)
Last itron, inc. earnings: 2/24 04:05 pm
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Source: Business Wire
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, signed a contract with Louisville Water Company, which serves more than 1 million people in Louisville, Kentucky and the surrounding areas, to modernize the water usage data collection process.The utility will deploy Itron’s OpenWay® Riva IoT solution, including replacing nearly 280,000 meters with the OpenWay Riva water communication modules, a new type of communication technology that allows usage to be captured electronically and communicated in real-time. The utility will also utilize Itron’s analytics offering to detect water loss, allowing customers to make faster, better informed decisions.“Our mission is to provide safe, high-quality water and related services to our customers,” said Dave Vogel, executive vice president at Louisville Water. “Itron’s IoT solution and analytics allows us to take advantage of real-time data analysis to im
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ITRI
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