FRANKFURT, Germany--(BUSINESS WIRE)--Today at Light + Building, the world's leading trade show for lighting and building services technology, Samsung Electronics Co. Ltd. and Silver Spring Networks, Inc. (NYSE:SSNI) announced a partnership to develop a networked LED street lights solution, helping to cut costs and simplify connected lighting componentry for luminaire manufacturers. This will accelerate the road to smart cities for municipalities, utilities, transportation departments and other outdoor lighting network operators. Networked LED public lighting systems deliver significant energy and operational savings, helping cities, utilities and other entities quickly establish a broad network canopy that can also be utilized for Smart City and Internet of Things (IOT) applications, such as traffic and parking management, environmental sensing and citizen safety.
The joint smart street light solution will be designed to enable luminaire manufacturers to take advantage of a pre-integrated networked photocell with auto-configuration and management capabilities, lowering costs and simplifying the end solution for customers. The collaboration will enable advanced capabilities such as wiring multiple sensors to a single driver, dynamic override commands, and advanced management of configuration files and firmware images across large-scale lighting networks.
The solution will build on Silver Spring’s IPv6- based Gen5 wireless networking platform and SLV6 smart city management software, and the Samsung Smart Lighting Module (SLM) that powers the Samsung Smart Lighting Platform (SLP). SLM is an all-in-one lighting application-specific wireless and wired connectivity solution that can be embedded into a sensor bus for smart cities and other IOT environments. Samsung SLM supports both wired and wireless communication protocols, including DALI and Bluetooth, to help operators seamlessly connect to various sensor networks and smart devices. SLM enables smart lighting luminaires to act as nodes for diverse smart lighting environments.
“Samsung and Silver Spring Networks share a common vision for the IOT. Large-scale outdoor lighting networks offer a viable path to smarter cities and safer communities, and provide a solid foundation for future Internet of Things applications,” said Dr. Jacob Tarn, Executive Vice President, LED Business Team, Samsung Electronics. “The Samsung and Silver Spring solution will leverage open standards to provide a simple, scalable and highly efficient long-term path for connecting Internet of Things devices.”
“We are pleased to partner with an industry leader like Samsung to help advance the outdoor lighting, smart cities, and broader IOT markets,” said Brandon Davito, Vice President of Smart Cities and Lighting, Silver Spring Networks. “We are committed to delivering standards-based solutions that simplify the roll out of smart lighting networks and unlock clear economic benefits for our customers.”
Silver Spring connects critical infrastructure IOT devices in iconic global cities such as Chicago, Copenhagen, Glasgow, Melbourne, Mexico City, Paris, Sao Paulo, San Francisco, Singapore, Washington DC and others, including what is believed to be the largest networked street light project in the world, nearly 500,000 connected lights across Miami and South Florida. Silver Spring’s solution enables multiple applications and services to leverage a common network, control and data platform to help drive smart sustainability, transportation, energy efficiency, safety and economic development.
To learn more, please visit Silver Spring at the Samsung Booth at Light + Building Expo - Hall 6.2, Stand B04 - from March 15-18 in Frankfurt, Germany.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. inspires the world and shapes the future with transformative ideas and technologies, redefining the worlds of TVs, smartphones, wearable devices, tablets, cameras, digital appliances, printers, medical equipment, network systems, and semiconductor and LED solutions. We are also leading in the Internet of Things space through, among others, our Smart Home and Digital Health initiatives. We employ 307,000 people across 84 countries with annual sales of US $196 billion. To discover more, please visit our official website at www.samsung.com and our official blog at global.samsungtomorrow.com.
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 22.9 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, 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.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 scope of the collaboration between Silver Spring Networks and Samsung and the benefits of the combined solution. 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 the results of either company to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include the successful collaboration between Samsung and Silver Spring Networks and the development of the combined solution, as well as those described in documents filed with or furnished to the Securities and Exchange Commission by either company. 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.
