Expanding IoT Platform Silver Spring Networks has established a robust IoT platform connecting over 27 million devices across multiple industries and geographies, indicating significant potential for scaling and integration opportunities with large utility and city infrastructure projects.

Smart City Engagement The company's deployment in major smart city initiatives in Copenhagen, Glasgow, Paris, Providence, and Stockholm highlights opportunities to partner on urban digital transformation projects focused on sustainable and efficient city services.

Utilities Market Focus With a client base comprising leading utilities like Baltimore Gas & Electric, Florida Power & Light, and Singapore Power, Silver Spring presents a strategic sales target for expanding advanced smart grid and grid modernization solutions.

Security and Standards Offering a secure, standards-based IoT platform protected with military-grade security positions Silver Spring as a trusted partner for critical infrastructure projects requiring high levels of data protection and reliability.

Growth Potential While revenue is between $250 million and $500 million with a moderate workforce, there is substantial room for growth by targeting large, technology-driven utilities and city governments seeking scalable and secure IoT solutions.