Itron Inc. Among Apps Top 500

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Itron Inc. Recent Developments

Under review was revenue recognition on certain contracts and software maintenance it booked in 2015.

Itron Inc. Overview

Ownership: Public - NASDAQ: ITRI

Employees: 8000

Functional Market: Customer Relationship Management, ERP Services and Operations Management,

Key Verticals: Utility,

Itron Inc. Key Enterprise & Cloud Applications

Itron Analytics,

SCORES Analysis

Itron Inc. Strengths

Itron mainains a big presence in the smart grid infrastructure market for global utility industry.

Its broad product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services.

Comprised of three main service models—Managed Services, Onsite Managed Services, and Software as a Service (SaaS)—Itron Cloud Services frees customers' to focus on core business operations.

In May 2015, Itron has launched the Itron Riva Developers Community, inviting developers to create applications for its Itron Riva platform.

Itron Riva is the first-of-its-kind distributed intelligence platform that supports sensing technologies and dynamic applications at the device level.

With the developers community, Itron is accelerating app software development for the Itron Riva platform, further enabling an ecosystem of Internet of Things (IoT) applications.

In February 2016, Itronhas launched its new OpenWay Riva communications platform, which delivers true interoperability and distributed intelligence over the Cisco network.

The platform drives new applications and decision-making to the edge to take action in near real time, enabling the active grid for utilities and smart cities.

In May 2016, Itron released Itron Total Outcomes to solve utilities’ and cities’ business challenges by delivering real value-added analytic outcomes.

The cloud-based offerings have been enhanced with new features and functionality that help utilities make the most of their smart grid and smart metering data.

The platform, which now features a unified interface for electricity, gas and water, can be accessed anywhere by utility staff or managed by Itron’s team of experts.

Recently, Itron announced plans to expand its Bengaluru software Center of Excellence by doubling its workforce over the next two years.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Itron Inc. Revenues, $M:

Type/Year 2015 2016 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Itron Inc. Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Itron Inc. Revenues By Region, $M

Region % of Total Revenues 2016 Total Revenues, $M 2016 Enterprise Applications Revenues, $M 2016 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Itron Inc. Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Itron Inc. Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Itron Inc. Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Itron Inc. Risks

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  • Ability to handle internal and external risk and challenges

Itron Inc. Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Itron Inc. Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link:


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