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How Itron (ITRI) Will Use AI To Reduce Wildfire Risks

How Itron (ITRI) Will Use AI To Reduce Wildfire Risks

FinvizFinviz2026/02/15 11:54
By:Finviz

Itron, Inc. (NASDAQ:

) is one of the best mid cap AI stocks to buy according to hedge funds. On February 3, Itron, Inc. (NASDAQ:ITRI) and Toumetis announced a project in Southern California to enhance power reliability and reduce wildfire risks. The project is being carried out under the EPIC program with San Diego Gas & Electric (SDG&E). The companies intend to improve electric reliability by restoring power more quickly when outages occur and preventing outages before they happen. The project combines Toumetis’ Cascadence predictive analytics and machine learning platform with  Itron’s detailed data from smart grid devices. The system brings together data from smart meters, relay signals, substations, and other grid sensors into a single clear view.

How Itron (ITRI) Will Use AI To Reduce Wildfire Risks image 0

Using advanced AI models and algorithms, the system is designed to help crews respond more quickly and identify risk sooner, mainly in high wildfire-risk areas. Another major focus is to spot warning signs early and reduce outages before they occur. By identifying electrical conditions that could lead to fires, the program supports wildfire prevention.

Don Reeves, Senior Vice President, Outcomes at Itron, Inc. (NASDAQ:ITRI), said:

“We have a strategic relationship with Toumetis to incorporate Cascadence with Itron’s waveform detection and classification agents on Gen5 Riva meters to provide grid edge analytics and operational awareness—helping utilities detect and locate precursor conditions, prioritize detection risk and restore power faster.”

Itron, Inc. (NASDAQ:ITRI) operates as a technology, service, and solutions company. It offers end-to-end solutions for managing water, energy, and smart city operations worldwide. The company operates through the Networked Solutions, Device Solutions, and Outcomes segments. It sells its products and services under the Itron brand.

While we acknowledge the potential of ITRI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the

best short-term AI stock
.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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