Mountain View, Calif., January 20, 2012 — Frost & Sullivan will recognize Itron's smart grid platform with the 2011 North American Frost & Sullivan Award for Product Quality Leadership during DistribuTECH 2012 in San Antonio.
The leader in resource management solutions was selected for the award based on the company's best practices approach and superior product offering in the smart meter market. In its analysis of the smart meter market, Frost & Sullivan found that Itron's distinct, highly-adaptable, open-architecture smart grid solutions, which cater to the specific requirements of each utility, set the company apart from others in the market.
The performance of Itron's smart grid platform was benchmarked against key competitors based on criteria, including product performance, product reliability, product design, product usability and perceived value. Industry analysts compared market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
Each year, Frost & Sullivan presents this award to a company that has developed high-quality products with innovative features and functionalities that enhance customer value and find immediate acceptance in the market.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.