Friday, February 5, 2016

Itron Looks To Spur Internal Innovation Efforts

Liberty Lake-based smart utility meter maker Itron is hoping to spur more innovation out of the company, with an effort announced this week called Itron Idea Labs. According to Itron, the new organization will be dedicated to developing new business opportunities in high-growth industries and emerging markets. The company said that the new lab will be "agile", and test "new, cutting-edge" products. Itron--although a supplier of connected devices considered part of the Internet-of-Things--serves an industry well known for plodding along the technology curve.