SAN JOSE, Calif.--(BUSINESS WIRE)--Silver Spring Networks, Inc. (NYSE:SSNI) today announced that it has been positioned by Gartner, Inc. as a Visionary in the 2016 Gartner Magic Quadrant for Managed Machine-to-Machine (M2M) Services, Worldwide.1 This is the first time Silver Spring has been recognized in a Gartner Magic Quadrant.
The Gartner ‘Managed M2M Services, Worldwide’ Magic Quadrant evaluates the global market for M2M services, and focuses on providers that bundle connectivity and related value-added services, such as consulting, M2M device engineering, M2M application development and integration, related middleware aggregation, software hosting and related systems management.
“We’re thrilled to receive recognition from the analyst community for our industry leading, standards-based technology and believe it affirms Silver Spring’s mission to enable customers to extract the full value of the data exchanged over our highly secure and reliable network for the Internet of Important Things,” said Mike Bell, President and CEO, Silver Spring Networks. “With continued deployments of our flagship private cloud offerings and Starfish™, our public cloud IoT network and data platform, in major markets across the globe, we believe that we are changing the IoT landscape by connecting applications that matter, while further enhancing our managed M2M services industry position.”
With more than 24.3 million enabled devices currently delivered on five continents, Silver Spring offers end-to-end networking services on demand for the Internet of Important Things through its public cloud IPv6 networking and data platform, Starfish, including service-level agreements (SLAs) specifying business requirements, applications, or performance, reliability and security obligations. Silver Spring is ramping up deployments of Starfish in major metropolitan areas including Bristol, Chicago, Copenhagen, Glasgow, London, San Antonio, San Jose, Stockholm, and in Kolkata, India.
To access a full copy of the Gartner Managed M2M Services Magic Quadrant featuring Silver Spring, please visit www.ssni.com/MQ
For more information on Starfish, please visit www.ssni.com/starfish
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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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 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 performance and benefits of Silver Spring’s Starfish platform, and the future availability of Starfish. 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.
1 Gartner “2016 Gartner Magic Quadrant for Managed Machine-to-Machine (M2M) Services, Worldwide” by Eric Goodness, Leif-Olof Wallin and Katj Ruud, October 17, 2016
