ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Itron and Yokogawa Electric Corporation Reduce Water Loss in India

Utility Takes Advantage of Itron’s Water Operations Management Solution to Decrease Non-Revenue Water Losses in the City of Satna

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that Yokogawa India Ltd. (Yokogawa), an affiliate of Yokogawa Electric Corporation, has deployed Itron’s Water Operations Management solution in Satna, Madhya Pradesh, India. The Water Operations Management solution is part of the Satna Smart City project, where Satna Smart City Development Limited (SSCDL) helps monitor and reduce water loss in the city’s water transmission network. Satna is leveraging their existing infrastructure to detect and prevent non-revenue water losses easily with the solution and taking advantage of its SCADA data with Itron’s hydraulic modelling to optimize the network, identify leaks and help with water demand fluctuations.

Yokogawa, which is a leading global provider of industrial automation and test and measurement solution in 61 countries, signed a five-year agreement to utilize the Water Operations Management solution. To better manage, conserve and optimize water operations for Satna, a major city in the state of Madya Pradesh, Yokogawa, deployed Itron’s Water Operations Management solution across its water treatment plants, tanks, underground reservoirs, water pump houses and across 200 kilometers of bulk water supply networks. Included in this territory, Yokogawa is taking advantage of Itron’s hydraulic modelling to simulate the effects of increase and decreased demand in water, opening and closing of valves and pressure reduction optimization.

Deploying Itron’s Water Operations Management solution supports the SSCDL vision to restructure Satna into a smart, compact and vibrant hub that provides diverse economic opportunities for varied skill levels by leveraging its resource-based economy. Itron’s solution benefits the City of Satna as it can help reduce operating costs, manage assets effectively and ultimately decrease non-revenue water losses. Itron’s solutions enables visibility into the health of the water distribution network at any point in time, recommending appropriate actions to take depending on the root cause of the issues.

“Satna was selected to become a smart city by India’s Smart Cities Mission of Government. To bring this vision to life, we believe Itron’s industry expertise, knowledge of end-to-end solutions and its Water Operations Management solution align well with India’s vision to harness technology to lead to smart outcomes, including reducing water loss,” said Shashanka Sheshadri, deputy general manager of projects at Yokogawa. “The technology leveraged in Itron’s Water Operations Management solution will provide the City of Satna with operational visibility so it can identify where and when high amounts of water is lost in its distribution network.”

“From bursts, leaks and more, Itron’s Water Operations Management solution brings data onto one single platform and helps utilities identify, prioritize and take action to reduce non-revenue water in their distribution network. This will be a key step towards water digitalization for the City of Satna,” said Don Reeves, senior vice president of Outcomes at Itron. “As Yokogawa is an industry leader in SCADA systems, our collaboration allows for a seamless integration under one platform to better visualize the water supply system for Satna. We are excited to work together with Yokogawa as this is one of the first water analytical platforms deployed for water loss management in one of India’s smart cities. With Itron’s solutions, we can help Yokogawa achieve their desired outcomes by delivering measurable results focused on addressing non-revenue water reduction. We are looking forward to the next five years and the water operation transformation for the City of Satna.”

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron® is a registered trademark of Itron, Inc. 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.

Contacts

Itron, Inc.

Alison Mallahan

Senior Manager, Corporate Communications

509-891-3802

PR@Itron.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.