Peter Brieger
Itron Inc.
ITRI-Q
TOP PICK
Jun 02, 2011
Service utilities in about 130 countries. 2 major focuses. Power (electrical and natural gas utilities) and water. Plan top grow their water 30% by 2015. Produce smart meters as well as software programs to run the smart meters.
Play on electric and natural gas utilities. Supplies smart meters that read flows. Also supplies software that makes it work and provides assistance for data collection and a software package to manipulate data to help cut costs. Main market is electric, natural gas and water utilities. 47% market penetration in N.A. but only 3% abroad. Europe has just passed legislation that will be great for them.
Sells smart meters and software packages to utilities, who in turn install them in customers homes. Sold his holdings and wouldn't go into it at this time.