SILVERS SPRING NETWORKS INC in Smart Gas Solutions

Silver Spring Networks is among the leading providers of solutions, platforms, and services for utility infrastructure. The company largely focuses on providing clean, energy-efficient, and scalable solutions for complex IoT infrastructure. With regards to this, the company is extensively engaged in strategic partnerships and has a dedicated Silver Spring Global IoT Partner Program in order to create the most innovative and standard-based network for connected devices. Silver Spring Networks has dedicated partners for advanced metering, demand-response management, and distribution management. Some of their partners include Schneider Electric, General Electric, Landis+Gyr, Agnito, and Itron wherein they innovate solutions for AMI. Furthermore, the company faces direct competition from Echelon Corporation, Elster Group, Itron, and Landis+Gyr. Silver Spring Networks is planning to increase its global coverage by moving into the European and Asian markets. The company is also working on broadening their product and service offerings by increasing their R&D spending. The company had spent almost one-third of the total revenue over the R&D. The company has adopted organic growth strategies for developing their offerings for smart grid networking by collaborating with other smart grid players such as GridSense Inc., Smarter Grid Solutions, and eMeter.