Business
Itron and Jordan Electric Power Company Sign Contract to Advance the Company’s Digital Transformation
Itron’s Data Collection Solution to be Deployed for 1.5 Million Meters to Maximize Benefits of Smart Meter Roll-out LIBERTY LAKE, Wash.--(BUSINESS WIRE)--
About this update from Itron, Inc.
[{"type":"text","content":"\nItron’s Data Collection Solution to be Deployed for 1.5 Million Meters to Maximize Benefits of Smart Meter Roll-out\n\n\n LIBERTY LAKE, Wash.--(BUSINESS WIRE)--\nItron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that it is collaborating with Jordan Electric Power Company (JEPCO), the leading distribution company in Jordan on the Arabian Peninsula, to advance the company’s digital transformation. JEPCO is implementing its data collection solution with Itron Enterprise Edition™ (IEE) Meter Data Management (MDM) to streamline business operations and centralize data management. Itron channel partner, Advanced Technologies, will deploy IEE MDM which will initially enable JEPCO to manage data from more than 1.5 million smart meters, with the capability to manage an additional 100,000 meters per year over the next five years.\n\n\nWith IEE MDM, the leading unified data management system, JEPCO plans to maximize the benefits of its current smart meter roll-out project in the pursuit of sustainable energy security. JEPCO serves about 66% of Jordan’s total electricity consumers. Being the country’s leading energy provider, enabling data quality allows JEPCO to focus on delivering business outcomes such as ensuring energy security.\n\n\nIEE MDM provides the utility with an industry leading, future proof solution for hosting data from its smart electric meters as well as future sensors, with further benefits of IEE MDM including:\n\n\n\nReal time data collection: Near real-time data is securely collected, stored and managed to support millions of electric meters in one centralized location leading to increased quality of data.\n\n\n\nMeter data quality and validation: IEE MDM uses rigorous calculation to supply accurate billing information to meet the needs of JEPCO’s business operations.\n\n\n\nBuilt-in reporting and analytics: Quickly analyzes terabytes of information to find operational anomalies. Turns those analytics into actionable insights with advanced reporting options.\n\n\n\nEnhancing operational efficiencies: Reduced field costs through on-demand reading capabilities and two-way remote connect and disconnect.\n\n\n\nImproved customer satisfaction: JEPCO can access timely data information to help speed up and resolve customer issues quickly, helping to create streaml...