Itron Collaborates With Lightwell To Provide Fluvius Smart Street Lightning Solution
Portfolio Pulse from Benzinga Newsdesk
Itron, Inc. is collaborating with Lightwell to integrate Lightwell's LED technology with Itron's smart street lighting solution for Fluvius. The partnership aims to reduce energy costs and minimize energy waste.
January 31, 2024 | 1:55 pm
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POSITIVE IMPACT
Itron's collaboration with Lightwell to provide a smart street lighting solution for Fluvius could lead to increased market penetration and potentially higher revenues from sales or service agreements.
The collaboration with Lightwell positions Itron to potentially increase its market share in the smart lighting industry. This could lead to higher demand for Itron's products and services, positively impacting its short-term revenue and stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80