Itron Named a Visionary in the 2019 Gartner Magic Quadrant for IoT Connectivity Services, Worldwide

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today announced that it has been named a Visionary in Gartner Inc.’s Magic Quadrant for Managed IoT Connectivity Services, Worldwide (formerly the Gartner Magic Quadrant for Managed M2M Services, Worldwide) for the fourth consecutive year¹.

According to Gartner, "The Managed IoT connectivity service market enables connectivity, data collection, and analysis and additional decision services that are necessary for connected solutions.” The report stated that, "Gartner’s coverage of managed IoT connectivity services focuses on providers that bundle connectivity, technology and technology services that facilitate key business processes and related business outcomes.”

"We are proud to be named a Visionary by Gartner again this year. We believe that this recognizes Itron’s knowledge and experience in helping utilities and cities unlock the full potential of the Industrial Internet of Things (IIoT),” said Sharelynn Moore, senior vice president of Networked Solutions at Itron. "By providing intelligent connectivity with our end-to-end IIoT platform, Itron is enabling a more innovative grid and more modern, efficient and safe cities.”

Itron’s standards-based, Wi-SUN capable IIoT platform enables utilities and cities to deliver new services to customers and enable an ecosystem of IIoT devices. By collaborating with its ecosystem of partners, Itron is continuously creating value-added applications and services that easily connect to its IIoT network. Itron’s platform provides competitive, end-to-end communication and inclusion of other IoT edge devices, analytics and a variety of service options.

Visit www.itron.com/IoTMQ to download the full report.

Gartner, Magic Quadrant for Managed IoT Connectivity Services, Worldwide, Pablo Arriandiaga, Eric Goodness, Leif-Olof Wallin, Jonathan Davenport, 12 December 2019

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services 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.

¹ Silver Spring Networks, which Itron acquired in January 2018, was named as a Visionary in the 2016 and 2017 Magic Quadrant for Managed M2M Services

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