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Itron partners with SmartThings to focus on utility energy analytics

The partnership will combine Itron’s distributed intelligence ecosystem with SmartThings Energy service to provide real-time energy readings and consumption patterns

 

Itron announced it is working together with Samsung subsidiary SmartThings to connect Itron’s industrial IoT (IIoT) network solution and SmartThings’ services and solutions.

The collaboration will combine Itron’s distributed intelligence (DI) ecosystem with SmartThings’ Energy service to provide real-time energy readings and consumption patterns to improve energy management and conservation, Itron said, adding that the combined solution will bring together participating consumers’ real-time consumption data from their meter, plus “behind the meter assets” and appliances.

Itron noted that a complete view of consumers’ energy consumption can be obtained through the application, which displays both the whole house real-time consumption information provided by Itron as well as the preexisting app features that show real-time data use of smart appliances.

Itron also said that utilities will be able to engage the base of SmartThings app users to inform them about energy efficiency, demand response and EV charging programs. A total of 230 million people have downloaded the SmartThings app, and Samsung expects that to grow to 500 million users within five years.  This combined with Itron’s millions of connect DI devices will allow utilities to enhance their distributed energy management programs, the firm added. Users could also use the SmartThings app to directly enroll in such programs.

Don Reeves, SVP of outcomes at Itron, said: “Combining two industry leading platforms is a game changer for energy management. This collaboration will significantly accelerate consumers’ understanding of their energy use, combining information from smart energy devices such as Samsung appliances, electric vehicles, solar panels, heat pumps, thermostats and more. Our goal is to enable consumers to optimize their use of green, renewable energy and reduce their carbon footprint.”

“With this collaboration, we are enabling consumers to make smarter decisions about their energy use. Integrating Itron’s IIoT solution with the SmartThings Energy application will not only make it easier for utilities to inform their customers on their energy consumption, it will also make it easier for consumers to take advantage of energy savings opportunities in their smart appliances,” said Chanwoo Park, EVP and head of the IoT business group at Samsung Electronics. “We are thrilled to collaborate with Itron as this not only conserves energy but also aligns with our customers’ goals of achieving net-zero carbon households.”

 

ABOUT AUTHOR

Juan Pedro Tomás
Juan Pedro Tomás
Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to RCR, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.