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
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
"Coalfire is a cyber-risk, security and compliance assessment and advisory services firm. We do a lot of work with the cloud service provider community," explained Ryan McGowan, Vice President, Sales (West) at Coalfire Systems, Inc., in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...