|By Business Wire||
|April 7, 2014 03:01 AM EDT||
Silver Spring Networks, Inc. (NYSE:SSNI), a leading networking platform and solutions provider for smart energy networks, today announced a teaming agreement with Smarter Grid Solutions, a leading European vendor of Distributed Energy Resources (DER) integration solutions. Customers will be able to leverage a solution that integrates Smarter Grid Solutions’ autonomous grid management technology with Silver Spring’s proven IPv6 smart grid networking platform. Together, this enables electrical grid operators to proactively manage renewable energy sources and grid devices. The innovative approach provides effective monitoring and management of grid constraints and improves the overall reliability and efficiency of the grid.
The Rt Hon Alex Salmond MSP, First Minister of Scotland, joins James Pace, Managing Director, European Markets, Silver Spring Networks and Dr. Bob Currie, CTO, Smarter Grid Solutions at the signing of the teaming agreement. (Photo: Business Wire)
The joint solution builds on Silver Spring and Smarter Grid Solutions’ existing engagement at the successful Flexible Plug and Play project, delivered to client UK Power Networks, the distribution network operator for London, and the South East and the East of England. In the Flexible Plug and Play (FPP) project, Silver Spring’s networking technology connects an array of distribution equipment across a deployment of intermittent wind and solar resources in Cambridgeshire, UK. This deployment also successfully demonstrated the use of the IEC 61850 protocol across a radio mesh field area network.
At the core of the FPP project, Smarter Grid Solutions’ Active Network Management technology monitors the electricity grid using data provided by Silver Spring’s field area network. The system autonomously calculates the available capacity of the grid and issues real-time control instructions to participating DERs. The project has delivered significant savings to UK Power Networks on the capital expenditures otherwise required to reinforce the project area.
“Utilities have enormous challenges in maintaining reliability while integrating new sources of generation using traditional network reinforcement and reliability schemes,” said Eric Dresselhuys, Executive Vice President of Global Development, Silver Spring Networks. “By offering this proven solution to our customers, Silver Spring and Smarter Grid Solutions are enabling utilities, and ultimately the end consumer, to save money and enjoy the benefits of a cleaner, more reliable and more efficient energy grid.”
“In the course of delivering several successful projects, we have found that many utilities were making long-term grid reliability decisions without fully integrating their strategy for the underlying communications fabric,” said Gerry Docherty, Chief Executive, Smarter Grid Solutions. “In order to run the next generation of distributed, intelligent applications, we need reliable, responsive communications infrastructure that doesn't risk the fundamental utility business case. Silver Spring’s proven IPv6 networking platform makes them the ideal partner to ensure these criteria are met.”
To commemorate the new Silver Spring and Smarter Grid Solutions teaming agreement, the Rt Hon Alex Salmond MSP, First Minister of Scotland, joined executives from both companies at a signing ceremony that also celebrated the official opening of Smarter Grid Solutions’ North American headquarters in New York City.
Note to Editors: Photo Attachment
The Rt Hon Alex Salmond MSP, First Minister of Scotland, joins James Pace, Managing Director, European Markets, Silver Spring Networks and Dr. Bob Currie, CTO, Smarter Grid Solutions at the signing of the teaming agreement.
Join the Silver Spring Networks Conversation
- Follow @SilverSpringNet on Twitter
- Like Silver Spring Networks on Facebook at www.facebook.com/silverspringnetworks
About Silver Spring Networks
Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. Silver Spring’s pioneering IPv6 networking platform, with more than 18 million Silver Spring enabled devices delivered, is connecting utilities to homes and business 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.
About Smarter Grid Solutions
Smarter Grid Solutions creates and delivers technologies that help electricity distribution companies and utilities to integrate Distributed Energy Resources (DER). The company specializes in Active Network Management, which uses software, automation and control to monitor the electricity grid in real time. This allows power companies to improve the operation of their electricity grid and manage their connected customers, without compromising safety and security. Smarter Grid Solutions is a leading European vendor of DER integration solutions. It services customers worldwide and is headquartered in Glasgow, with offices in London and New York. Investors include Scottish Equity Partners, the Scottish Investment Bank and the University of Strathclyde. http://www.smartergridsolutions.com
About UK Power Networks
UK Power Networks distributes more than a quarter of the UK’s electricity through its networks of substations, underground cables and overhead lines making sure the lights stay on across London, the South East and the East of England. The company’s 5,200 employees are dedicated to delivering a safe, secure electricity supply to 8.1 million homes and businesses regardless of who they pay their energy bills to. The industry regulator Ofgem sets an allowed revenue to distribution companies so that they can maintain safe and reliable electricity supplies. UK Power Networks invests more than £500 million in its electricity networks every year and is also undertaking trials to ensure that electricity networks support the transition to a low carbon future. It also maintains and upgrades power equipment, and moves and connects new electricity cables. If customers are unfortunate enough to be affected by a power cut or have another issue with the electricity supply to their property, they should contact UK Power Networks. www.ukpowernetworks.co.uk
This press release contains forward-looking statements about Silver Spring Networks’ expectations, plans, intentions, and strategies, including, but not limited to statements regarding Silver Spring Networks’ teaming agreement with Smarter Grid Solutions, the performance and capabilities of the joint solution, and cost savings and other benefits customers and end consumers may realize from the joint solution. 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 the successful implementation of the teaming agreement between Silver Spring Networks and Smarter Grid Solutions, as well as 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.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Feb. 21, 2017 07:30 PM EST Reads: 272
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Feb. 21, 2017 07:30 PM EST Reads: 1,126
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
Feb. 21, 2017 06:30 PM EST Reads: 1,216
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...
Feb. 21, 2017 06:30 PM EST Reads: 2,370
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Feb. 21, 2017 06:30 PM EST Reads: 7,541
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Feb. 21, 2017 06:15 PM EST Reads: 873
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
Feb. 21, 2017 06:15 PM EST Reads: 1,528
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
Feb. 21, 2017 05:30 PM EST Reads: 1,140
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
Feb. 21, 2017 05:15 PM EST Reads: 1,742
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
Feb. 21, 2017 04:30 PM EST Reads: 2,287
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
Feb. 21, 2017 04:00 PM EST Reads: 6,876
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich inf...
Feb. 21, 2017 03:30 PM EST Reads: 1,247
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
Feb. 21, 2017 03:15 PM EST Reads: 4,509
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Feb. 21, 2017 03:15 PM EST Reads: 799
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 21, 2017 03:00 PM EST Reads: 5,964