In a written statement, Frost and Sullivan, a business consultancy based in Mountain View, Calif., the heart of Silicon Valley, said Itron was being recognized for “outstanding achievement and superior performance.”
"During our analysis of the market, it became clear that Itron is a trusted leader in the smart metering space," said Frost & Sullivan Principal Consultant Farah Saeed. "Across all of our award criteria, Itron rose to the top, making it the clear choice for our Product Quality Leadership Award."
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 and 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 and 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.
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