PROVIDENCE, R.I. & SAN JOSE, Calif.--(BUSINESS WIRE)--Silver Spring Networks, Inc. (NYSE: SSNI) today announced the continued expansion of Starfish™ to the capital of Rhode Island, Providence. Starfish is Silver Spring’s public cloud IoT network and data platform that can enable city departments, public lighting operators, highway and transportation administrations, utilities, and commercial enterprises to access a globally proven IoT network platform with near-real time telemetry, two-way command-and-control, and industrial-grade security to every device.
Additionally, Silver Spring announced today that through its partner LightSmart, it will work with the Partnership for Rhode Island Streetlight Management (PRISM), which represents 26 communities and over 63,000 street lights across the state, on a smart street light program in Providence. Silver Spring will own and operate the network and will work with LightSmart, a leading provider of advanced lighting solutions, for the design and implementation of the Providence PRISM program.
One of PRISM’s first members, Providence, one of the oldest cities in the United States, will leverage Silver Spring’s IoT network to connect nearly 17,000 LED street lights that will help the city improve public safety, lower energy consumption, and modernize its lighting infrastructure. The city will also be able to leverage the network for future smart city applications such as smart traffic controls, smart parking, smart water, gas and electricity management, environmental sensors, and other smart city services.
“Providence is utilizing cutting-edge technology and innovation to improve service and infrastructure throughout the city,” said Providence, R.I. Mayor Jorge O. Elorza. “Silver Spring Networks’ IoT expansion will enhance the way people interact with their communities, and we are proud to be part of that effort.”
PRISM helped establish the ‘Municipal Streetlight Investment Act’ in Rhode Island that gives municipalities the option to purchase their street lights for the purpose of reducing municipal street lighting costs.
“PRISM crafted the Municipal Streetlight Investment Act not only to provide financial savings to Rhode Island communities, but to offer additional opportunities for further smart city development in the future,” said Jeffrey Broadhead, Executive Director of PRISM. “We reviewed the offerings of numerous companies and selected Silver Spring Networks as our partner of choice to carry our vision forward because we believe they have both the experience and commitment to deliver long-term programs.”
“We look forward to helping accelerate the IoT in Rhode Island with Starfish,” said Brandon Davito, Vice President, Smart Cities and Street Lights, Silver Spring Networks. “Government leaders and stakeholders are not only recognizing the tremendous operational and energy saving benefits that can be achieved in the short-term through smart street lights, but also how the foundation of a proven IoT platform can create more efficient, reliable and prosperous urban communities with the option to integrate additional smart services and devices.”
Silicon Valley-headquartered Silver Spring has a proven track record of over 24.3 million enabled devices delivered for IoT networks on five continents. Silver Spring is ramping up deployment of Starfish in Bristol, Chicago, Copenhagen, Glasgow, London, San Antonio, San Jose, and in Kolkata, India, in addition to in Rhode Island.
For more information, visit http://www.ssni.com/starfish
Join the Silver Spring Networks Conversation
-
Read more on the Silver Spring Connect blog at
www.ssni.com/blog - 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 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 scope of Silver Spring’s engagement with PRISM and in the city of Providence; the performance, capabilities and benefits of Starfish; and the future deployment of Starfish in other cities. 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 and deployment of the engagement with PRISM and the city of Providence, 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.
