In today’s utility landscape, meter data management systems (MDMS) provide the foundation to enable efficient collection, storage and analytics of vast amounts of data from meters. These data enable insights needed for making smarter decisions, improving customer service and integrating more renewable energy sources. By leveraging the power of advanced analytics and real-time data processing, MDMS empower utilities to optimize resource allocation, streamline operations, enhance customer engagement and achieve sustainability goals. As the demand for actionable insights continues to grow, we believe that a robust MDMS will be key for utilities striving to create a reliable, efficient and future-ready grid.

Itron is thrilled to be recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Meter Data Management systems. At Itron, we recognize that timely and accurate insights are essential in today’s data-driven world. Our MDMS enable utilities globally to collect, manage and analyze real-time data at scale, driving measurable improvements across operations. With a proven platform that integrates seamlessly with a diverse range of technologies and communication networks, Itron’s MDMS turns complex data streams into actionable intelligence.

A few key findings from the Gartner report include:

• “Accurate, low-latency and high-frequency consumption data captured in smaller intervals is essential for utilities’ meter-to-cash processes. This part of the market is well-established and now focuses on scalability.”
• “Validating, estimating and correcting metering data ensures high-quality, near-real time data for billing and business analytics, such as loss detection, tampering and theft prevention. Some vendors use AI-driven signal processing for network operations.” 
• “Aging second-generation smart meters prompt utilities to consider meter data management systems (MDMS) upgrades or replacements. Buyers now expect extended capabilities, including analytics for customers, assets, markets and operations, with high expectations for security, performance and scalability.”

To learn more about the use cases, benefits and outcomes enabled by Itron’s MDM solutions, visit www.itron.com/MDMS.

Gartner, Market Guide for Meter Data Management Systems, 11 November 2024, Lloyd Jones, Jo-Ann Clynch

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