AutoGrid, a developer of advanced analytics software for the energy industry, and Silver Spring Networks, a networking platform and solutions provider, have announced a strategic partnership to jointly develop the Silver Spring UtilityIQ Demand Optimizer solution, powered by AutoGrid.
According to the companies, the UtilityIQ solution will enable utilities, grid operators, service providers, and large power consumers to implement traditional and advanced demand response and demand-side management programs quickly, securely and cost-effectively. Under this agreement, Silver Spring Networks is reselling AutoGrid's technology and integrating it into the newly announced UtilityIQ Demand Optimizer solution.
"By pre-integrating with Silver Spring Network's proven networking platform, we are able to significantly reduce the time, cost and risk of implementing demand response while simultaneously increasing the overall yield and effectiveness of these programs," says Amit Narayan, founder and CEO of AutoGrid.
