Silver Spring Networks Introduces Next Generation Utility Analytics Solution – Operations Optimizer
October 28 2015 - 8:01AM
Business Wire
Utilities Including Glendale Water & Power
Gain Real-Time Insights For AMI Operations, Grid Operations,
Revenue Assurance, and Customer Programs
Today at the Utility Analytics Week conference, Silver Spring
Networks, Inc. (NYSE:SSNI) announced the availability of its new
Operations Optimizer solution, a powerful analytics application
that creates insights from a variety of data sources to improve
operational efficiencies and program performance for utilities and
cities. Operations Optimizer is the next generation of the flagship
solution from Detectent, which was acquired by Silver Spring in
January 2015. Operations Optimizer provides integration with any
data repository, including the Silver Spring SilverLink Data
Platform.
Available today, Operations Optimizer features four modules, AMI
Operations, Grid Operations, Revenue Assurance, and Customer
Programs, which are purpose-built to support key business functions
out of the box, coupled with flexible configuration tools to
support the unique needs of each customer’s business processes.
“Robust analytics help utilities improve reliability, reduce
outages, ensure safe operations for both utility personnel and the
public, increase efficiencies, and strengthen the utility-customer
relationship,” said Mike Madrazo, Vice President of Analytics
Product Management, Silver Spring Networks. “Operations Optimizer
offers the unique ability to bring together data analytics and an
intuitive user interface as well as workflow and automation tools
to meet a plethora of business challenges.”
Rich Insights Unlocked With the New Operations Optimizer
Solution
Operations Optimizer is a powerful analytics solution that
enables utilities and cities to improve operational efficiency and
develop business processes and workflows by leveraging insights
from a variety of internal and external data sources. The
solution’s four distinct modules support a variety of immediate use
cases and are also configurable to support future needs:
- AMI Operations: identifies and
diagnoses meter data collection and delivery problems, monitors for
meter safety issues, and manages AMI deployments. For example, AMI
Operations can identify failed meters, hop count irregularities,
unreachable meters, and high-temperature meter trends before they
reach a critical state.
- Grid Operations: aggregates and
analyzes metering loads across the distribution system in order to
identify asset risks and connectivity mismatches, support load
planning, and estimate technical losses.
- Revenue Assurance: protects
against revenue leakage by identifying theft and other
non-technical losses by analyzing feeder imbalances and identifying
tampered or bypassed meters. Revenue Assurance also provides
workflow, field investigation, and collection tracking
capacities.
- Customer Programs: enables
utilities to better plan, deliver, and measure demand-side
management programs. Customer Programs includes smart meter
disaggregation analytics that operate on hourly consumption to
identify usage of major appliances at a premise in order to enhance
customer segmentation and targeting.
Leading Utilities Count On Data-Driven Insights From
Operations Optimizer
Operations Optimizer analyzes data from over 30 million water,
gas, and electricity meters, in both AMI and legacy environments,
at more than 20 leading utilities across the United States.
“We selected the smart grid analytics solution from Silver
Spring Networks because of their unrivaled experience, which shines
through in the depth of the functionality delivered out of the
box,” said Tami Vallier, Customer Service Administrator, Glendale
Water & Power. “We recently deployed Silver Spring Operations
Optimizer to gain immediate insights into our data which will also
further benefit us when we turn our focus to driving efficiencies
in other parts of our organization.”
For more information on today’s announcement, please visit
the Silver Spring Utility Analytics Week Booth (# 109).
Join the Silver Spring Networks Conversation
- Read more on the Silver Spring Connect
blog atwww.silverspringnet.com/silver-spring-connect
- 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 21.5 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 and performance capabilities of Silver Spring Network’s
Operations Optimizer 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 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.
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Silver Spring NetworksAmy Cook, 650-839-4183Global
Communicationsacook@silverspringnet.com
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