Last month, Scott Lang, Chairman, president and CEO of Silver Spring Networks, Inc., was joined by Anne Pramaggiore, CEO and President of ComEd, to officially open Silver Spring’s new Chicago office in the iconic Willis Tower. With space for approximately 50 employees, a Network Operations Center, and a Smart City and Smart Energy technology demonstration facility, the new office will be an innovation hub to serve Chicago and a resource for Silver Spring’s global customer base. The ceremony also allowed Silver Spring and ComEd to showcase a vision for how Chicago can leverage next-generation technology for Smart City infrastructure to establish a foundation for long-term economic growth and improved quality of life for its citizens.
Silver Spring and ComEd are partnering on the smart grid element of ComEd’s 10-year, $2.6 billion infrastructure investment plan to strengthen the Illinois electric system. Silver Spring’s standards-based networking platform and smart grid applications will connect four million homes and businesses over the next 10 years across ComEd’s service territory and will help unlock significant operational and consumer benefits including improved outage management, increased energy efficiency, improved grid reliability, and greater empowerment for consumers.
“By investing in modern, high-tech energy infrastructure, we are ensuring that Chicago is equipped to address 21st century challenges while making the city a more sustainable place to live and work,” said Mayor Rahm Emanuel. “Silver Spring Networks and ComEd are essential partners in accelerating economic growth by adding crucial jobs, opening state-of-the-art facilities, and helping Chicagoans save money.”
Silver Spring’s Smart City solution helps cities tackle some of the most pressing challenges they confront today:
- Environmental Sustainability: Silver Spring’s Smart City solution enables cities to dramatically improve energy efficiency and reduce consumption via smart lighting and smart energy solutions, electric vehicle charging networks, connected-CO2 sensors, programs to help citizens make smarter energy choices, and other sustainability solutions.
- Health and Safety: Silver Spring’s Smart City solution enables smart lighting networks to coordinate with traffic control systems in emergency situations for remote on/off, dimming, on-demand brightening, blinking, and notification capabilities. Additional applications could include electrical voltage, natural gas, and water leak monitoring systems.
- Traffic and Transportation Management: Congestion relief and revenue collection is a significant opportunity for cities. Silver Spring’s Smart City solution is designed to help cities achieve this goal as they network smart parking meters, traffic control systems, mass-transit networks, and smart transit shelters at public transportation depots.
- Economic Growth: The compelling economics of Silver Spring’s Smart City solution permits cities to invest proven operational and cost savings into additional Smart City applications for their citizens. Silver Spring’s open, standards-based solution, coupled with the insight-rich data delivered across the network, helps create a platform for entrepreneurs and software developers to bring additional innovations and value to the community.