Silver Spring Networks Receives Frost & Sullivan Asia-Pacific Smart Grid Service Provider of the Year Award
Recognized In Industry for Innovation, Performance and Customer Impact in Smart Energy
Singapore, Singapore — October 17, 2016 — 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, secure 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.
“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, secure 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.
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