Innovative Multi-Application Network Now
Supports Expanded Water Metering for Multi-Service Municipal
Utilities
Silver Spring Networks, Inc. (NYSE:SSNI) today announced an
enhanced smart water solution for utilities which offer water
service in combination with electric service to their customers.
The Silver Spring IPv6 network enables multi-service advanced
metering, helping provide the high performance, operational savings
and advanced functionality previously embraced primarily by larger
Investor-Owned-Utilities.
“Traditionally, water utility customers have had limited options
to manage their usage, as they would retrospectively receive their
bill at the end of the month, quarter, or year. With our
next-generation, two-way water solution, we are going beyond simple
meter reading by providing a more granular and interactive
experience that includes on-demand reads, interval data collection
and asynchronous alarming, all while maintaining the industry’s
leading security solution,” said Josh Roper, Vice President of
Advanced Metering Infrastructure, Silver Spring Networks. “In the
same way that utilities are starting to leverage a single,
multi-application network for advanced metering infrastructure and
street lights, they now also have the option to offer their
customers near real-time understanding of their water usage.”
“Utilities are finding that the current analog ‘business as
usual’ for water service no longer makes sense financially; we
estimate that they can save around $12.5 billion through the
implementation of smart water technology,” said Jason Rodriguez,
CEO and Director of Research for Zpryme Research. “For
multi-service utilities, the smart water market is becoming more of
a priority as they see the benefits achieved from advanced metering
infrastructure and other smart grid technologies.”
Silver Spring is already set to deploy its next generation smart
water solution with City Utilities of Springfield, a multi-service
municipal utility offering electric, gas and water services in
Springfield, Missouri.
“Silver Spring’s solution allows us to manage electric, gas and
water meters with a single network, reducing deployment and
operations costs,” said Scott Miller, General Manager, City
Utilities of Springfield. “This solution provides innovative
options for our customers in all three commodities.”
As part of Silver Spring’s enhanced smart water solution, Silver
Spring will be integrating its standards-based IPv6 network with
multiple modules from Master Meter to deliver its two-way advanced
water solution for municipal and co-op utilities. With this
announcement, Silver Spring continues to add to its ecosystem of
water device partners, including Master Meter and Itron, and can
support new smart water meter installations as well as retrofits to
the majority of water meters currently deployed in North
America.
“We are working with Silver Spring to deploy technology that
empowers the midmarket to give their customers the option to be
smarter about their water consumption through personalized phone
apps and data presentment,” said Jerry Potter, President and CEO,
Master Meter. “With our expanding solutions portfolio, our partners
and customers have broad choice in deploying advanced water
solutions that best suit their business needs.”
For more information visit
www.silverspringnet.com/watermeters
Speed-to-Value Program Offers Smart Infrastructure for Unique
Needs of Municipal and Cooperative Utilities
The smart water solution will be a part of Silver Spring’s
Speed-to-Value program, which enables muni and co-op utilities to
integrate cellular capability, called MicroAP technology, to their
existing smart grid network canopies to scale out their programs to
easily and quickly add new customers and services. The same network
can also be used to deliver additional applications including
Advanced Metering Infrastructure for natural gas customers, Demand
Response, Distribution Automation, intelligent street lights, and
other critical infrastructure applications over time.
Silver Spring is working with municipal and cooperative
utilities such as CPS Energy, Modesto Irrigation District,
Sacramento Municipal Utility District, Snohomish County Public
Utility District and more, to unlock smart infrastructure benefits
today.
For more information visit
www.silverspringnet.com/bigsolutions
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at www.facebook.com/silverspringnetworks
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www.silverspringnet.com/silver-spring-connect/
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 19 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.
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 enhanced smart water solution, and
smart water technology generally, to utilities and their customers;
Silver Spring’s engagement with City Utilities of Springfield and
other municipal and cooperative utilities; and Silver Springs’
partnerships with Master Meter and other water device partners.
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.
Silver Spring NetworksAmy Cook, 650-839-4183Global
Communicationsacook@silverspringnet.com
SILVER SPRING NETWORKS INC (NYSE:SSNI)
過去 株価チャート
から 9 2024 まで 10 2024
SILVER SPRING NETWORKS INC (NYSE:SSNI)
過去 株価チャート
から 10 2023 まで 10 2024