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Last $11.73 USD
Change Today +0.58 / 5.20%
Volume 244.5K
SSNI On Other Exchanges
New York
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

silver spring networks inc (SSNI) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/22/15 - $15.20
52 Week Low
12/1/14 - $6.90
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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silver spring networks inc (SSNI) Details

Silver Spring Networks, Inc. provides networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. The company’s networking platform provides two-way communication between the utility back office and devices on the power grid. Its networking platform consists of hardware, such as access points and relays; UtilOS, a network operating software; and GridScape management and security software. The company’s analytic platform enables its customers to use the data generated by devices on the network to provide insights for decision making. It offers various solutions include advanced metering solution, which provides utilities with two-way communication, enabling utilities to remotely perform functions, such as reading meter usage, capturing time-of-use consumption data, connecting and disconnecting service, and detecting power outages; distribution automation solution that provides two-way communication from distribution devices along the power grid to the back office or substations, providing utilities with real-time information for grid monitoring and control; demand-side management consisting of energy efficiency solutions, demand response, and electric vehicle charging management; and street light solutions. In addition, the company provides professional services that include network design and optimization, deployment support, software and systems integration, program management, consulting, and training services; managed services and software as a service; and technical, network, and product support at various service levels. It operates in the United States, Canada, Australia, New Zealand, South America, Asia, and Europe. The company was formerly known as Real Time Techcomm, Inc. and changed its name to Silver Spring Networks, Inc. in August 2002. Silver Spring Networks, Inc. was founded in 2002 and is headquartered in Redwood City, California.

640 Employees
Last Reported Date: 08/7/15
Founded in 2002

silver spring networks inc (SSNI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $540.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $128.7K
Vice Chairman and Executive Vice President
Total Annual Compensation: $400.0K
Chief Technology Officer
Total Annual Compensation: $315.0K
Executive Vice President of Global Sales & De...
Total Annual Compensation: $382.5K
Compensation as of Fiscal Year 2014.

silver spring networks inc (SSNI) Key Developments

Silver Spring Networks, Inc. Presents at 17th Annual Pacific Crest Global Technology Leadership Forum 2015, Aug-11-2015 11:00 AM

Silver Spring Networks, Inc. Presents at 17th Annual Pacific Crest Global Technology Leadership Forum 2015, Aug-11-2015 11:00 AM. Venue: The Sebastian, 16 Vail Road, Vail, CO 81657, United States. Speakers: James P. Burns, Chief Financial Officer, Principal Accounting Officer and Executive Vice President, Scott A. Lang, Chairman, Chief Executive Officer and President.

Silver Spring Networks, Inc. Presents at 35th Annual Canaccord Genuity Growth Conference, Aug-13-2015 04:00 PM

Silver Spring Networks, Inc. Presents at 35th Annual Canaccord Genuity Growth Conference, Aug-13-2015 04:00 PM. Venue: InterContinental Boston, 510 Atlantic Avenue, Boston, MA 02210, United States. Speakers: James P. Burns, Chief Financial Officer, Principal Accounting Officer and Executive Vice President.

Silver Spring Networks and CPFL Energia Expand Brazilian Smart Grid Program with Distribution Automation

Silver Spring Networks and CPFL Energia announced an extension of their smart grid program, with the addition of a grid reliability and Distribution Automation program for cities in the interior of the state of São Paulo. The expansion of CPFL’s smart grid program leverages the existing investment in Silver Spring’s mesh networking platform and is built upon the successful Phase 1 Advanced Metering Infrastructure deployed for ‘Grupo A’ customers, the large-scale commercial and industrial (C&I) customers across CPFL Group’s eight distribution companies. The new Silver Spring and CPFL Distribution Automation program will leverage Silver Spring’s multi-application network to help enable better grid reliability for nearly 4 million people in over fifty cities across CPFL’s service territory in the state of São Paulo (including Bauru, Campinas, Jundiaí, Ribeirão Preto, Santos, São José do Rio Preto, and Sorocaba, among others). Under this project, more than 600 reclosers on the distribution network, supervised and controlled in real time by CPFL's Operations Center through Silver Spring's platform, will use the mesh network technology, allowing energy flow redirection to avoid service outages and accelerate system restoration. This solution replaces the data-communication-through-cellular network and ensures the required reliability and communication performance for critical applications, allowing faster responses and reduced power outages in case of faults, resulting in better service quality as well as reducing operating and maintenance costs. The wide geographic area of the service territory involved makes this program one of the large Distribution Automation initiatives in South America.


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