Investing.com -- Itron, Inc. (NASDAQ:ITRI) stock rose 5% after the company announced it is expanding its strategic collaboration with Microsoft to accelerate AI innovation for utilities.
The energy and water management solutions provider is introducing the Itron Intelligent Edge Operating System (IEOS) Connector for Microsoft 365 Copilot, which will allow utilities to use natural language queries to access data from Itron’s management systems. This integration aims to help utility companies more easily find information on consumption patterns, outage history, and other critical operational data.
The expanded partnership will focus on integrating advanced AI solutions for predictive maintenance, demand forecasting, and grid optimization. Itron’s solutions will also be made available through the Microsoft Marketplace, providing easier access for utilities and partners.
"Utilities are under increasing pressure to modernize infrastructure, reduce operational costs and improve reliability. By building on our established relationship, we are delivering new AI capabilities that help utilities address these challenges head on," said Don Reeves, senior vice president of Outcomes at Itron.
The companies plan to showcase their joint innovations at the upcoming DTECH conference in San Diego from February 2-5, 2026. The collaboration aims to help utilities achieve greater efficiency, resilience, and customer engagement through AI-powered solutions at the grid edge.
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