Pushing the Edge of Possibility: Itron Receives 2024 IoT Edge Computing Excellence Award

The Energy Infrastructure Administration projects global electricity demand will rise by as much as three-quarters by 2050. To ensure resilient and reliable service, utilities are increasingly turning to edge intelligence. To that end, I am thrilled to announce that Itron has been awarded a 2024 IoT Edge Computing Excellence Award by IoT Evolution World, recognizing Itron's leadership and innovation in edge computing and our role in redefining what's possible for utilities across the globe.

Why Edge Computing Matters

Imagine a grid that can anticipate issues before they occur, adjusting in real time to maintain reliability and efficiency. This is the power of edge computing-and Itron's Grid Edge Intelligence portfolio is making it a reality for utilities everywhere. In today's landscape, utilities need solutions that provide immediate insights, automated responses and can scale to support smart meters, sensors, IoT devices and distributed energy resources (DERs) seamlessly.

With Itron's Grid Edge Intelligence solutions, utilities gain real-time visibility and control at the grid edge. This enables them to monitor and manage power flow, optimize grid conditions and create a more sustainable, resilient energy ecosystem.

Transforming Data into Action

The Grid Edge Intelligence portfolio combines artificial intelligence (AI) and machine learning (ML) to enable smarter, faster decision-making. Traditionally, mapping the complex network of meters and transformers has been a manual, time-consuming task. With edge intelligence, utilities can now generate precise, real-time maps with detailed accuracy-enabling greater reliability, quicker response times and safer operations.

This is just the beginning. By layering intelligence, utilities can accurately pinpoint DER locations, track real-time transformer conditions and even shape demand in ways that reduce energy costs, prevent outages and unlock new revenue streams. In addition, utilities can detect potential safety issues before they escalate, optimize asset performance and help accelerate transportation electrification.

A History of Data-Driven Innovation

For over three decades, Itron has been pioneering the use of AI and machine learning to bring intelligence to the edge. Today, with dozens of AI and ML applications in use, our solutions harness high-resolution data to deliver actionable insights, providing utilities with reliable and accurate data, which is essential to effective decision-making.

About the 2024 IoT Edge Computing Excellence Award

According to IoT Evolution World, "this award recognizes the companies emerging as leaders in the growing edge computing space. Companies selected for this award have proven that their products are enabling advanced IoT deployments by offering edge solutions that bring real-time computing, data availability, analytics, AI and machine learning to edge devices."

As Carl Ford from IoT Evolution World puts it, "The solutions selected for the IoT Evolution Edge Computing Excellence Award reflect innovation driving the fast-growing Internet of Things marketplace. It is my honor to congratulate Itron for their innovative work and contribution to this rapidly evolving industry."

A huge thank you to IoT Evolution World for this recognition, which highlights our ongoing commitment to empowering utilities with the technology needed to meet today's demands and prepare for tomorrow's challenges. With Itron's Grid Edge Intelligence solutions, what was once out of reach is now possible. Visit itron.com/gridedge to learn more.