Silver Spring Networks Receives Frost & Sullivan Asia-Pacific Smart Grid Service Provider of the Year Award
October 17 2016 - 8:30AM
Business Wire
Recognized in Industry for Innovation,
Performance and Customer Impact in Smart Energy
Silver Spring Networks, Inc. (NYSE: SSNI) today announced that
it has been named the Frost & Sullivan 2016 Asia-Pacific Smart
Grid Service Provider of the Year. Each year, Frost & Sullivan
recognizes a company in the smart grid industry through its
evaluation of leadership, technological innovation, customer
service, and strategic product development. Silver Spring delivers
a proven platform, solutions and services used by major utilities
and cities around the world to support multiple smart grid, smart
city and other industrial Internet of Things (IoT) applications.
With more than 2.5 million enabled devices delivered in
Asia-Pacific, Silver Spring helps some of the region’s most
standout energy providers, including AusNet Services, CESC,
CitiPower & Powercor, Horizon Power, Jemena, Singapore Power,
SmartCo, Unison, United Energy, WEL Networks and Western Power, to
modernize their infrastructure, to help their customers improve
energy management and to increase grid reliability.
"Silver Spring Networks has helped shape the face of the smart
grid services industry in the Asia-Pacific region by showcasing its
unparalleled services,” said Avanthika Satheesh, Industry Analyst,
Energy & Environment Practice, Asia Pacific, Frost &
Sullivan. “The company is at the forefront of smart grid services
by offering effective solutions for the challenging and evolving
demands of the smart grid market, while meeting and exceeding the
demands of its customers."
“As the demand for the digitization of the grid increases in
Asia-Pacific, we believe that we can offer the most flexible and
reliable smart grid services and solutions to meet the diverse
needs of the industry in the region,” said Eric Dresselhuys,
Co-Founder and EVP of Global Development, Silver Spring Networks.
“We are truly honored to be recognized by Frost & Sullivan as
the ‘Asia-Pacific Smart Grid Service Provider of the Year,’ as we
aim to help more customers realize the benefits that can be
delivered through our technology and our expertise for building a
smarter world of intelligent, connected devices.“
With its fifth generation platform – Gen5 – Silver Spring can
offer operators speeds up to 2.4 Mbps, simultaneous mesh
communication on both sub-Gigahertz and 2.4 GHz frequencies,
integration of 4G LTE communications, and industry-leading
performance, reliability, security and scalability. By leveraging a
number of global and local partners from Silver Spring’s robust
partner ecosystem, Silver Spring’s standards-based Gen5 technology
can also help operators implement a wide range of applications
using a common platform.
For more information, please visit:
www.silverspringnet.com/Gen5.
Join the Silver Spring Networks Conversation
- Read more on the Silver Spring Connect
blog atwww.silverspringnet.com/blog
- Follow @SilverSpringNet on Twitter
- Like Silver Spring Networks on Facebook
at www.facebook.com/silverspringnetworks
- Learn more about the Wi-Sun Alliance
and the value of open standards-based IoT networking at
www.wi-sun.org
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 over 24.3
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, Consolidated 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.ssni.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
benefits of Silver Spring’s platform, solutions and services and
the performance of its fifth generation platform. 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.
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Silver Spring NetworksAmy Cook, 669-770-4183Global
Communicationspr@ssni.com
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