Welcome!

News Feed Item

Silver Spring Networks Unveils New SilverLink™ Sensor Network Empowering the Continuously Connected Utility

Silver Spring Networks, Inc. (NYSE: SSNI), a leading networking platform and solutions provider for smart energy networks, today announced the SilverLink™ Sensor Network, a new approach to organizing, programming, and using any data from any sensor network to fuel any application at up to 10x the speed and 1/10th the cost of traditional utility IT infrastructure. The SilverLink Sensor Network enables utilities and other network operators to connect real-time data to business processes to make smarter and faster business decisions, lower IT costs, create a more agile organization, and more quickly and cost-effectively launch new business models and services. Able to leverage both Silver Spring and non-Silver Spring networks, specific examples of the SilverLink Sensor Network in action include real-time voltage assessment, load disaggregation, remote temperature monitoring of grid devices, and empowering advanced customer engagement programs that reach across utility silos via a common platform.

“Our lives are more connected than ever – billions of devices are coming online, producing staggering data volumes. Utility CEOs often tell me that more than 70% of their total enterprise data is already coming from their Smart Grid networks alone. Old, model-based approaches and IT architectures simply can’t keep up with the needs of this real-time, continuously connected world,” said Scott Lang, Chairman, President and CEO of Silver Spring Networks. “The SilverLink Sensor Network changes the game – we are applying our deep understanding of large-scale networks to real-time big data. We’re enabling utilities to develop even deeper connections with their customers, offer innovative new services, and better manage their grid assets and operations.”

“Several years ago OG&E embarked on a transformational journey with Silver Spring. We knew that by creating a continuous connection with our customers, our grid assets, and the data running across our network, we would be able to deliver more reliable service to our customers and lower our economic and carbon footprints,” said Pete Delaney, Oklahoma Gas & Electric. “I’m proud to say OG&E’s Positive Energy Smart Grid program has now been widely embraced by our customers. We are excited for the next-generation of technology Silver Spring is bringing to market to help us deliver even more innovative services to our customers, and unlock even more value from the ocean of real-time data that our network is providing.”

"Silver Spring's vision and commitment to technology leadership offers great opportunities for the way PG&E will continue to draw value from the Smart Grid," said Brian Rich, VP of Business Technology, PG&E. "A next-generation data platform such as the one offered by Silver Spring will help enable more innovation, faster deployments, and new applications and services at a lower cost for both energy companies and their customers."

Unlocking Smart Grid Big-Data for the Continuously Connected Utility

Utilities today are looking to their existing networks to unlock more value, help transform their relationship with their customers, and quickly and cost effectively develop and deliver new services. Third-party software companies are also seeking a platform upon which they can utilize network data to roll out new energy applications for both utilities and end-consumers.

Silver Spring is leveraging the distributed intelligence, proven scale, and award-winning deployments with leaders such as OG&E to deliver one of the industry’s first software defined sensor networks. The SilverLink Sensor Network connects network infrastructure, other AMI infrastructure and back-office data sources to virtualize endpoint devices and make sensor data subscribe-able and accessible via common Internet standards. This approach radically cuts the cost to organize and program sensors to use diverse real-time data to create breakthrough business applications at up to 10x the speed and 1/10th the cost of traditional utility IT infrastructure – making it far easier, less risky and faster to implement the applications that unlock the promise of the Smart Grid.

The SilverLink Sensor Network will be available as a cloud-based subscription service. Silver Spring is already working with several of its customers to leverage the SilverLink Sensor Network for innovative new services such as:

  • Load Disaggregation and Deep Energy Audits
  • Real-Time Voltage Assessment
  • Remote Temperature Monitoring
  • Improved Revenue Assurance and Non-Technical Loss Analysis
  • Customer Segmentation and Opt-In for Price Programs
  • Advanced Customer Engagement Programs

The SilverLink Sensor Network will make vast quantities of previously unavailable data easy for third-party applications to access and utilize, powering a myriad of new applications and services. Silver Spring plans to make a wide array of new applications readily available to utilities, sensor network operators, and consumers through a SilverLink App Store. The SilverLink App Store will initially include existing SilverLink applications such as SilverLink Console, SilverLink MeterOps, and SilverLink Network Ops. The SilverLink App Store will also include new applications from Silver Spring and members of its partner community as they come to market. Read the SilverLink partner announcement at www.silverspringnet.com/press-releases/silverlinkpartner.

Join Silver Spring Networks and its customers and partners to learn more about the new SilverLink Sensor Network and other exciting innovations at the DistribuTECH 2014 Conference in San Antonio, TX on January 28-30, 2014.

Additional Resources and Information

About Silver Spring Networks

Silver Spring Networks (NYSE: SSNI) is a leading networking platform and solutions provider for smart energy networks. Silver Spring’s pioneering IPv6 networking platform, with over 18 million Silver Spring enabled devices delivered, is connecting utilities to homes and businesses throughout the world with the goal of achieving greater energy efficiency for the planet. Silver Spring’s innovative solutions enable utilities to gain operational efficiencies, improve grid reliability, and empower consumers to monitor and manage energy consumption. Silver Spring Networks’ customers include major utilities around the globe such as Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth Edison, CPS Energy, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Progress Energy, and Singapore Power, among others. To learn more, please visit www.silverspringnet.com.

Forward-Looking Statements

This press release contains forward-looking statements about Silver Spring Networks’ expectations, plans, intentions, and strategies, including, but not limited to statements regarding the performance and capabilities of the SilverLink Sensor Network; cost savings, speed and other benefits customers may realize from the SilverLink Sensor Network; and the desire for, development and availability of third-party applications. Statements including words such as "anticipate", "believe", "estimate", "expect" or “future” and statements in the future tense are forward-looking statements. These forward-looking statements involve risks and uncertainties, as well as assumptions, which, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in Silver Spring Networks' documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Silver Spring Networks as of the date hereof. Silver Spring Networks assumes no obligation to update these forward-looking statements.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...