Silver Spring Networks Broadens Smart Utilities Ecosystem Through New Development Agreement with Kamstrup

Barcelona, November 15, 2016

The collaboration between Silver Spring and Kamstrup aims to help utilities drive more rapid deployment through integrated smart energy solutions in EMEA, LATAM and Asia Pacific.

Today at European Utility Week, Silver Spring Networks, Inc. (NYSE: SSNI) announced the signing of a new development agreement with Kamstrup A/S, a global supplier of intelligent metering solutions for energy and water consumption owned by Danish energy company OK. Silver Spring and Kamstrup will integrate Silver Spring’s standards-based IPv6 Gen5 platform and Kamstrup’s OMNIPOWER electric meter series to help increase speed to market for smart energy solutions in EMEA, LATAM and Asia Pacific.
“We were drawn to Kamstrup’s experience in understanding the challenges facing the power utility industry in different regions, and their triangulation on customers, production and development to enable rapid innovation,” said Eric Dresselhuys, Co-Founder and EVP of Global Development, Silver Spring Networks. “We look forward to working with Kamstrup to expand on our mission to connect things that matter the most.”

“Like Kamstrup, Silver Spring believes that it is important to take a holistic approach to the entire value chain in order to more rapidly deliver customized solutions. Building on each of our own successes, we are excited to develop joint solutions with a company that has a track record like Silver Spring to meet the growing demands for intelligent energy solutions in Europe, Asia, Australia, New Zealand and South America. This collaboration is part of our partner strategy of providing modular and interoperable solutions from meters to analytics.” 

Hans Peter Kyk, General Sales Manager, Kamstrup.

Silver Spring’s Gen5 platform is the company’s fifth generation platform for the Internet of Important ThingsTM, offering 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, security and scalability. 

Kamstrup’s OMNIPOWER series provides standard IEC1107 and DLMS interfaces, wide temperature range, load profiling, built-in disconnect and prepayment, and tamper proof and magnetic immunity for residential single-phase and three-phase meters, and commercial & industrial CT meters.

Silver Spring has more than 24 million enabled devices delivered, and is working with leading energy, cities and companies on five continents. With more than 6.4 million electric meters and 5.1 million water and heat meters sold, Kamstrup aims to bring intelligent meters to homes around the world. 

With one of the industry’s leading partner ecosystems, the open, standards-based Silver Spring IPv6 network offers customers choice and support across a broad range of intelligent device players.

For further information, please contact:

Hans Peter Kyk 
General Sales Manager
+45 2241 7325

Marina Donovan 
Global Communications
Silver Spring Networks