Best-in-Class Innovators Accelerate IoT
Adoption with Living Lab in Denver
Today at CES 2017, Panasonic CityNOW, a business of Panasonic
Corporation of North America, and Silver Spring Networks, Inc.
(NYSE: SSNI) announced a new go-to-market alliance that leverages
Silver Spring’s Starfish™ Internet of Things (IoT) platform and
CityNOW’s diverse portfolio of smart and sustainable solutions for
cities, real estate developers, utilities, and other smart city
customers. CityNOW integrates best-in-class Panasonic and
third-party technologies across five smart city pillars: smart
mobility, clean energy, city services, smart buildings, and health
& wellness.
The alliance between Panasonic and Silver Spring Networks
supports CityNOW’s Safe and Smart Streets initiative, which turns a
single-use asset often considered a liability—the street light—into
a multi-use, highly valuable asset. The street light pole becomes
the host for multiple smart and sustainable technologies with
cross-cutting benefits: controllable smart LED lights that save
energy and O&M costs, community WiFi, environmental sensing
(e.g., temperature, air quality, light intensity), video cameras
for public safety and parking/traffic management. Connected and
controlled by an IoT backbone, Safe and Smart Streets transforms
“just a light” into the smartphone of the streetscape.
Starfish, Silver Spring’s standards-based IPv6 network and data
platform, provides the flexibility today’s cities need to help
improve service levels, drive down operational costs, easily scale
and expand smart city services on demand, and enable innovative
services that can improve the living environment of millions of
residents. Under the new agreement, Panasonic will offer Silver
Spring’s Starfish platform and SLV6 city management platform
service models to its city and utility customers as part of its
broader CityNOW integrated solutions portfolio.
Panasonic has deployed Silver Spring’s Starfish platform to
connect and control LED streetlights at Peña Station NEXT, a
400-acre, mixed-use transit-oriented development adjacent to Denver
International Airport (DEN). Panasonic—the anchor corporate tenant
at Peña—has partnered with the City and County of Denver, DEN,
utility Xcel Energy, developer LC Fulenwider LLC, and other
stakeholders to make Peña Station NEXT an iconic example of smart
and sustainable solutions. This public-private partnership will
utilize Peña as a test bed for technologies and business models
before broader deployment throughout the Denver metro area and
beyond.
Peña Station NEXT builds upon Panasonic’s global smart city
expertise, including Fujisawa Sustainable Smart Town, a
Panasonic-led smart and sustainable development in Fujisawa, Japan,
about 30 miles southwest of Tokyo. Peña Station NEXT is also home
to the Panasonic Technology & Solutions Center, which opened in
September 2016 and serves as the operations hub for Panasonic
CityNOW and Panasonic Enterprise Solutions Company.
“Peña Station NEXT is a living smart city lab combining a
variety of stakeholders and solutions to shape the definition of a
modern, connected city—a city that is more predictive, adaptive,
and responsive,” said Jarrett Wendt, executive vice president of
Panasonic Enterprise Solutions Company. “Nowhere does Panasonic’s
vision of creating ‘a better life, a better world’ come alive more
than in a smart city context. We are proud to be making the smart
city of tomorrow a reality in North America today, and look forward
to collaborating with Silver Spring to deliver this
transformation.”
“As more cities want to join the new digital frontier, the
landscape demands collaboration between best-in-class stakeholders
to bring safety, transportation, and other departmental initiatives
such as street lighting to life,” said Brandon Davito, vice
president of Smart Cities and Street Lights, Silver Spring
Networks. “With Silver Spring’s Starfish IoT platform, we’re
pleased to partner with a world-class leader such as Panasonic to
help cities like Denver achieve their sustainable technology goals
for better service to their citizens and business communities.”
In addition to Denver and Fujisawa, Panasonic’s smart city
planning and integration efforts around the world include cities in
Germany, France, China, Japan, and others. With over 24.9 million
enabled devices delivered on five continents, Silver Spring’s
comprehensive and cost-effective network and data platform helps
cities, utilities and companies reliably and securely connect
things that matter.
About Panasonic Corporation of North America
Newark, NJ-based Panasonic Corporation of North America is a
leading technology partner and integrator to businesses, government
agencies, and consumers across the region. The company is the
principal North American subsidiary of Osaka, Japan-based Panasonic
Corporation and the hub of Panasonic’s U.S. branding, marketing,
sales, service, and R&D operations. Panasonic was featured in
Fortune Magazine’s 2016 ranking of 50 companies that are changing
the world and doing well by doing good. Specifically cited were its
smart and sustainable technologies, including its contributions to
smart cities and the electric vehicle revolution. Learn more about
Panasonic at us.panasonic.com/news.
About Silver Spring Networks
Silver Spring Networks enables the Internet of Important Things™
by reliably and securely connecting things that matter. Cities,
utilities, and companies on five continents use the company’s
cost-effective, high-performance IoT network and data platform to
operate more efficiently, get greener, and enable innovative
services that can improve the lives of millions of people. With
more than 24.9 million devices delivered, Silver Spring provides a
proven standards-based platform safeguarded with military grade
security. Silver Spring Networks’ customers include Baltimore Gas
& Electric, CitiPower & Powercor, ComEd, Consolidated
Edison, CPS Energy, Florida Power & Light, Pacific Gas &
Electric, Pepco Holdings, and Singapore Power. Silver Spring has
also deployed networks in Smart Cities including Copenhagen,
Glasgow, Paris, Providence, and Stockholm. To learn more, 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
scope of Silver Spring’s engagement with Panasonic Corporation, and
the benefits of Silver Spring Networks’ IPv6 Starfish and SLV6 city
management platforms and service models. 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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version on businesswire.com: http://www.businesswire.com/news/home/20170104005527/en/
G&S Communications for PanasonicJosh
Lasterjlaster@gscommunications.comorSilver Spring Networks, Inc.Amy
Nunnemacher, 669-770-4183Global Communicationspr@ssni.com
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