Itron Announces Hands-Free BYOD Solution
Solution Enables Utilities to Deploy Bring-Your-Own-Device Programs at a Lower Cost and Minimize Resource Drain
LIBERTY LAKE, Wash. — June 14, 2018 — Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, launched its Hands-free BYOD solution to enable public power utilities to implement Bring-Your-Own-Device (BYOD) demand response programs at a lower cost and with minimal impact on operations.
In the BYOD model, customers who have purchased a Wi-Fi smart thermostat are recruited to participate in demand response programs. This is in contrast to the direct install model for demand response, where a utility-owned device would be installed in the customer's home.
To promote utilities offering BYOD programs, Itron's Hands-free Bring Your Own Device solution is cost-effective and requires no system integration. Itron works with the utility to manage all the key components of the program, including participant recruitment, incentive payments, control event execution, reporting and customer support. With this solution, utilities can include leading thermostat brands in their program, engage with their members and customers more deeply while providing them with new value and rewards and build out a new load control asset.
To manage the outsourced BYOD program for utilities, Itron will use its IntelliSOURCE®-Connect™ cloud-based software to provide the easy integration and control of the Wi-Fi thermostats or other devices and the IntelliSOURCE® Express™ demand response management system to manage participant registration and support as well as execution of control events.
"The Hands-free BYOD solution is tailor-made for smaller public power utilities who have avoided implementing BYOD programs thus far because of cost and resource constraints," said Steve Hambric, Itron's vice president of distributed energy management. "This solution will empower these utilities to use the BYOD model so their members and customers can become more proactive managers of their energy use."
The solution comprises software and services and is immediately available in North America.
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.
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