We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Itron, Inc. (ITRI) - $25 value - yours FREE >>
Agilent Technologies, Inc. (A) - $25 value - yours FREE >>
Cognex Corporation (CGNX) - $25 value - yours FREE >>
CommScope Holding Company, Inc. (COMM) - $25 value - yours FREE >>
Image: Bigstock
Itron, WaterSmart Tie Up to Boost Water Efficiency in Utilities
Leading technology and services company, Itron, Inc. (ITRI - Free Report) entered into an alliance with WaterSmart Software, the technology pioneer of behavioral customer engagement solutions, in order to help utilities become more water-efficient.
Itron signed a three-year agreement to distribute WaterSmart’s software platform. The software uses behavioral science to save water, energy and money. The WaterSmart platform leverages utility meter, climate and property data to better communicate with residential customers.
The alliance will combine the strengths of both companies, including Itron’s leadership in delivering smart networks and analytics, and WaterSmart’s market-leading consumer engagement technology. Water suppliers will receive analytics which will provide them a better understanding of customer consumption and program participation trends.
This collaboration will expand Itron’s water Advanced Metering Infrastructure (AMI) portfolio in North America. Itron’s customers will benefit hugely from WaterSmart’s expertise in enhancing consumer engagement and deriving more value from data collected throughout the distribution network.
The company continues to focus on investments to increase operational efficiencies and customer-service levels by embracing new technologies. The company is also undertaking aggressive measures to strengthen quality processes, additional project risk management controls, centralized global supplier and procurement management.
Moreover, significant backlog growth, benefits from restructuring and efficiency projects as well as Itron OpenWay Riva next generation platform are expected to drive revenue growth and improve profitability.
Currently, Itron carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector are Agilent Technologies, Inc. (A - Free Report) , CommScope Holding Company, Inc. (COMM - Free Report) and Cognex Corporation (CGNX - Free Report) , each carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>