Utilities Look to RF Mesh to Address Network Optimization for Next-Generation Distribution Grid

October 17, 2017

New Survey by Silver Spring Networks and Zpryme Highlights the Top
Five Trends for Utility Modernization of Communication Networks

SAN JOSE, Calif.–(BUSINESS WIRE)–#SCWDC–Utilities will rely heavily on RF mesh networks as a key communication
technology, according to new research commissioned by Silver Spring
Networks, Inc. (NYSE: SSNI) and conducted by Zpryme.
The research measured communication network priorities for
next-generation distribution grid optimization for 350 utilities across
the globe. The utilities surveyed noted that RF mesh networks
offer flexibility to adapt to the changing needs of the electric network
– through a focus on areas such as open
standards and interoperability – and can help maintain compatibility
for future needs.

The research also highlights the top five trends that were common
amongst the surveyed utilities:

1. Utilities recognize that their communication networks must
change to enable the next-generation distribution grid. Just 6%
feel extremely ready with their current communication networks to
support changes coming to the grid in the next 5 years.

2. Fiber optic and RF mesh lead the future of layered
communication networks. 74% will use fiber optic, and 65% will
use RF mesh in the next decade.

3. Utilities will use RF mesh to address a variety of use
cases for field area networks. Top use cases include
distribution automation, fault detection and AMI.

4. No matter the technology or the need, reliability remains a
top priority for communications networks. 91% said reliability is
a priority for communications networks, followed by cost (78%).

5. Cybersecurity is the most significant concern with legacy
communication networks. 56% listed cybersecurity as one of the
top 3 pain points for their utility.

Utilities are under enormous pressure to update their business and
service model to incorporate more renewable sources, restore service
faster after weather events, and meet higher customer expectations. The
results from this survey show that utilities are aware of these
challenges and are mindful of the steps they need to take to address
these challenges and pressures.

“These results show us that utilities are looking ahead to proactively
prepare for the future needs – including connecting distribution
automation, renewable energy, smart grid and smart city assets – for
improvement in service and reliability,” said Matt Smith, Senior
Director of Grid Management, Silver Spring Networks. “Utilities that are
adopting standards-based, secure, reliable and scalable network
platforms, such as the solutions offered by Silver Spring Networks, can
optimize their grid networks to meet future needs and scalability
demands.”

“The landscape of communication networks is drastically evolving as
utilities aim to improve service and sustainability,” said H. Christine
Richards, Vice President of Research, Zpryme. “This research highlights
what utilities are prioritizing as they look to future next-generation
distribution grid, and how these priorities may evolve.”

Silver Spring has more
than 26.7 million enabled devices delivered on five continents.
Silver Spring works with some of the world’s leading utility companies
on grid
management programs including Baltimore Gas and Electric, ComEd,
CPFL Energia, CPS Energy, Florida Power & Light Company (FPL), Pacific
Gas & Electric, Pepco Holdings Inc., Sacramento Municipal Utility
District and WEL Networks.

For a complete look at the communication network trends that are shaping
the next-generation grid, download the white paper: www.ssni.com/moderngrid.

Join Silver Spring Networks’ Conversation

About Silver Spring Networks

Silver Spring Networks enables the Internet of Important Things™ by
reliably and securely connecting things that matter. Cities, utilities,
and companies on five continents use the company’s cost-effective,
high-performance IoT network and data platform to operate more
efficiently, get greener, and enable innovative services that can
improve the lives of millions of people. With more than 26.7 million
devices delivered, Silver Spring provides a proven standards-based
platform safeguarded with military grade security. Silver Spring
Networks’ customers include Baltimore Gas & Electric, CitiPower &
Powercor, ComEd, Consolidated Edison, CPS Energy, Florida Power & Light,
Pacific Gas & Electric, Pepco Holdings, and Singapore Power. Silver
Spring has also deployed networks in Smart Cities including Copenhagen,
Glasgow, Paris, Providence, and Stockholm. To learn more, visit www.ssni.com.

About Zpryme

Residing in Austin, Texas, Zpryme is a research, media, and events
agency with a focus on energy. Based on the creative direction of its
associates, Zpryme produces influential research, the Energy Thought
Summit (ETS), and premium branding experiences that challenge the status
quo. Combined, ETS and Zpryme represent digital and physical solutions
that share stories of real people and engage ideas and products
influencing the grand energy transition. For more, visit zpryme.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 trends in the utility
industry, and benefits of Silver Spring’s technology. 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.

Contacts

Silver Spring Networks
Amy Nunnemacher, 669-770-4183
Global
Communications
[email protected]