Itron (Nasdaq:ITRI) announced it signed its largest contract to date – with Pacific Gas and Electric Company (PG&E) – to provide California’s largest utility with software to assist the utility with design and construction of overhead and underground distribution lines. The $5 million in contracts includes software licensing, implementation and support services.
Itron’s LD-Pro software reduces cost for utilities by improving their line design processes with automation, and by streamlining many of the labor-intensive and CAD-based distribution design functions utilities have employed for decades. This solution is intended to facilitate a more efficient design process resulting in reduced labor, optimal designs, reduced construction costs, and faster design turnaround.
Itron is a leading technology provider to the global energy and water industries. Nearly 3,000 utilities worldwide rely on Itron’s technology to optimize the delivery and use of energy and water.