Water Distribution System in Perth Receives Upgrade with Itron’s Multi-Vendor Meter Data Management Solution
Rhea-AI Summary
Itron (NASDAQ: ITRI) announced its collaboration with Water (WA) to modernize Perth's water distribution system using its Temetra® solution. The project involves installing 16,000 smart water meters as part of the Perth Smart Water Meter Pilot, aimed at addressing persistent drought through improved water conservation management.
The Temetra platform will integrate meter reads from five manufacturers' digital meters and three different communications networks into a unified data platform. The project, which began in September 2024, is expected to go live in April 2025. The solution enables smooth migration from automated meter reading (AMR) to advanced meter infrastructure (AMI), allowing WA to integrate new infrastructure at their own pace while maintaining access to historical data.
Positive
- Project involves deployment of 16,000 smart water meters in Perth
- Platform currently manages over 30 million endpoints globally
- Solution enables integration of multiple vendor meters and communication networks
- Project provides recurring revenue through cloud-based service
Negative
- None.
Insights
The implementation of Itron's Temetra solution in Perth represents a strategic technological advancement in water utility management. The project's ability to integrate data from five different manufacturers and three communication networks showcases exceptional interoperability, which is important for large-scale utility modernization. The pilot's scope of 16,000 smart meters provides sufficient scale to validate the system's effectiveness.
What makes this particularly noteworthy is the seamless transition capability from AMR to AMI systems, allowing for gradual infrastructure upgrades without operational disruptions. The cloud-based architecture enables scalability and future-proofing, while the multi-vendor support significantly reduces vendor lock-in risks - a critical consideration for utilities' long-term technology strategies.
The Perth Smart Water Meter Pilot addresses two critical challenges in utility modernization: drought management and operational efficiency. The Temetra platform's ability to provide granular usage data and analytics will enhance leak detection and conservation efforts - important for a region facing persistent drought conditions.
The platform's unified data approach, combining both AMR and AMI systems, represents a pragmatic solution to the common utility challenge of managing legacy infrastructure alongside new technology. This hybrid capability allows for cost-effective, phased deployments rather than requiring expensive "big bang" implementations that often strain utility budgets and resources.
From an investor perspective, this implementation strengthens Itron's position in the rapidly growing smart water management market. The company's mention of managing over 30 million endpoints globally demonstrates significant market penetration. Australia's increasing adoption of Temetra signals strong regional growth potential, particularly given the continent's water scarcity challenges.
The project's multi-vendor compatibility is a key differentiator, positioning Itron as a platform provider rather than just a hardware manufacturer. This business model typically yields higher margins and recurring revenue streams through software licensing and services, potentially improving long-term profitability metrics.
Itron’s Temetra Solution Supports Diverse Communication Networks, Enables Utility to Efficiently Store and Collect Water Data from Newly Installed Smart Meters
LIBERTY LAKE, Wash., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced that it’s working together with Water Corporation (WA) to modernize the utility’s water distribution system. WA will use Itron’s Temetra® solution, a globally adopted cloud-based, multi-vendor meter data management solution, to address persistent drought by collecting data from 16,000 smart water meters being installed in Perth. The meters will provide analytics which improve water conservation management. The deployment is a part of the Perth Smart Water Meter Pilot.
The goal of WA’s Perth Smart Water Meter project is to identify and assess the benefits of transitioning from mechanical meters to smart meters and to deploy an IoT platform that can support multiple meter vendors, devices and communications networks throughout the project. The project requirements include the integration of meter reads from five manufacturers’ digital meters and three different types of communications networks. Itron’s Temetra is able to support multi-vendor reads as well as multiple types of communications networks, integrating reads seamlessly into one unified data platform. All meter data is stored securely and can be accessed via Android devices or by web.
Itron’s Temetra solution enables smooth migration from automated meter reading (AMR) to advanced meter infrastructure (AMI), because it can continue integrating mechanical reads with smart meter reads, so the utility can integrate new infrastructure at their own pace. The Perth project began in Sept. 2024 and is anticipated to go live in April 2025.
“An increasing number of utilities in Australia are deploying our Temetra solution to enable their digital transformation journey with a focus to improve water security across the nation. We are excited for WA to take advantage of this solution as part of its Smart Water Meter Pilot. By seamlessly integrating data from multiple meter vendors and communication networks into a centralized hub, we will enable Water Corporation to make a smooth transition to smart water meters and enhanced operational efficiencies,” said Alex Beveridge, area vice president, Australia and New Zealand, APAC at Itron. “Our collaboration highlights our commitment to delivering innovative solutions that support sustainable water management.”
“Water utilities across the globe managing more than 30 million endpoints utilize Itron’s Temetra solution,” said Don Reeves, senior vice president of Outcomes at Itron. “This widely adopted platform has proven successful for utilities managing several hundred to several million endpoints. The flexibility and scalability of the solution enables WA to manage water data over time, and we look forward to joining WA as part of their smart water metering pilot project.”
Temetra enables the Perth smart meter project to improve customer relations, allowing WA to access and manage previously stored water data, and navigate the transition from AMR to AMI. If WA receives questions from one of its customers regarding their water bill, the utility can review specific usage trends and identify potential issues in water distribution.
The previously stored and collected data provides valuable insights as the platform is equipped with analytic tools to help improve operational efficiency and provide actionable insights. Integrating smart meters with Temetra ensures operational success as the platform collects and organizes data across both AMR and AMI devices.
About Itron
Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com.
Itron®, the Itron Logo and Temetra are registered trademarks of Itron, Inc in the United States and other countries and jurisdictions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
For additional information, contact:
Itron, Inc.
Sharon Chong
Field Marketing Manager, Asia Pacific
Office: +65 69837687
sharon.chong@itron.com
Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com
Itron, Inc.
- LinkedIn: http://www.linkedin.com/company/itroninc
- X: www.x.com/itroninc
- Newsroom: https://itron.com/newsroom
- Blog: https://itron.com/blog
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