Deepened collaboration between ITRI, Schneider Electric, and Microsoft boosts grid intelligence solution
From Nasdaq: 2025-03-25 09:45:00
Itron, Schneider Electric, and Microsoft collaborate to launch Grid Edge Intelligence solution using AI and big data analytics to optimize grid operations. The partnership aims to enhance grid reliability and efficiency, with the solution set to be launched in North America by late 2025. ITRI shares rose by 2.65% after announcing an expanded partnership with MSFT.
The collaboration enables swift data exchange between grid edge devices, AI-powered cloud platforms, and utility control centers. Itron’s DI technology bridges the gap between the grid edge and the control center, providing greater visibility and response capabilities for utilities. The solution aims to boost grid capacity by up to 20% while maintaining asset loading limits.
ITRI’s Zacks Rank #2 (Buy) showcases its stock performance, which has outperformed the Electronics – Testing Equipment industry by gaining 21.5% in the past year. Other top-ranked tech stocks include IDCC and ANET, with long-term growth expectations of 15% and 14.41% respectively. These collaborations are expected to generate new revenue streams and boost investor confidence in ITRI stock.
Itron’s DI technology, combined with Schneider Electric’s EcoStruxure ADMS and Microsoft’s AI platform, enhances system visibility and management capabilities. The collaboration focuses on accelerating grid-edge intelligence use cases, including Transformer-to-Meter Mapping and Volt-VAR Optimization, to improve grid operations and reliability. These solutions play a crucial role in modernizing power distribution systems for utilities and customers.
Consider today’s 5 potential home run stocks, including ITRI and MSFT, for significant growth opportunities. Download the 7 Best Stocks for the Next 30 Days from Zacks Investment Research for more insights. Stay updated with free stock analysis reports on MSFT, ITRI, IDCC, and ANET for informed investment decisions. This collaboration with MSFT is poised to drive ITRI’s share performance and solidify its growth in the tech sector.
Read more at Nasdaq: Will Deepened Collaboration With MSFT Drive ITRI’s Share Performance?
