Itron, Inc. (ITRI - Free Report) announced that the City of Lancaster Public Works Department has signed a contract with the company to improve the city’s water efficiency, operational analysis and customer service.
These days, the City of Lancaster’s primary focus is to replace the olden infrastructure which will avoid wastage of water and costly repairs. So, the city will modernize its distribution system with Itron’s smart water solution.
The solution will enable the city to better understand consumer demands by turning detailed meter data into applicable intelligence, using analytics. The city will use a hybrid deployment of mobile and network communications to gather meter data, which will help improve the efficiency and accuracy of meter reading.
With Itron Total Outcomes, Itron’s team of experts will be responsible for ongoing maintenance of the network. The city will also be able to improve water efficiency through detection of residential plumbing leaks in water transmission lines.
Moreover, Itron’s technology will allow the city’s residential and commercial customers to identify leaks in their own properties and repair them. The city’s initial analysis indicates that this technology will save an estimated $130,000–$200,000 per year for taxpayers.
Itron 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.
Liberty Lake, WA-based Itron Inc., along with its subsidiaries, is one of the principal technology providers to the energy and water industries worldwide. It produces electricity, gas, water, and heat meters, data collection and utility software solutions, and various other associated metering products for residential, commercial and industrial customers as well as transmission and distribution customers.
Currently, Itron carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector are Cognex Corp. (CGNX - Free Report) , ARI Network Services Inc. (ARIS - Free Report) and Citrix Systems, Inc. . All these stocks sport a Zacks Rank #1 (Strong Buy).
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Itron, Inc. (ITRI - Free Report) announced that the City of Lancaster Public Works Department has signed a contract with the company to improve the city’s water efficiency, operational analysis and customer service.
These days, the City of Lancaster’s primary focus is to replace the olden infrastructure which will avoid wastage of water and costly repairs. So, the city will modernize its distribution system with Itron’s smart water solution.
The solution will enable the city to better understand consumer demands by turning detailed meter data into applicable intelligence, using analytics. The city will use a hybrid deployment of mobile and network communications to gather meter data, which will help improve the efficiency and accuracy of meter reading.
With Itron Total Outcomes, Itron’s team of experts will be responsible for ongoing maintenance of the network. The city will also be able to improve water efficiency through detection of residential plumbing leaks in water transmission lines.
Moreover, Itron’s technology will allow the city’s residential and commercial customers to identify leaks in their own properties and repair them. The city’s initial analysis indicates that this technology will save an estimated $130,000–$200,000 per year for taxpayers.
Itron 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.
Liberty Lake, WA-based Itron Inc., along with its subsidiaries, is one of the principal technology providers to the energy and water industries worldwide. It produces electricity, gas, water, and heat meters, data collection and utility software solutions, and various other associated metering products for residential, commercial and industrial customers as well as transmission and distribution customers.
Currently, Itron carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector are Cognex Corp. (CGNX - Free Report) , ARI Network Services Inc. (ARIS - Free Report) and Citrix Systems, Inc. . All these stocks sport a Zacks Rank #1 (Strong 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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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