- Amir Orad brings 25 years of experience leading enterprise
software technology companies to 10x growth and industry
leadership
- Orad’s experience leading cloud analytics technology
businesses enhances Kraken’s innovation track record around Data,
Artificial Intelligence and Machine Learning
Kraken, the only proven, end-to-end platform for utility
digitisation and transformation, continues its relentless growth as
the leading global operating system for energy and other
utilities.
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To support this growth, Octopus Energy Group today announces the
appointment of Amir Orad as the dedicated CEO for Kraken.
Kraken, part of Octopus Energy Group, is contracted to serve 54
million energy accounts around the world through licence agreements
with global energy giants.
Kraken clients include Octopus Energy, Severn Trent, Tokyo Gas,
Origin Energy, EDF, E.ON, Portsmouth Water Good Energy, Hanwha,
Cuckoo, Energy Queensland as well as dozens of large utilities that
use its leading services in flexibility, grid management and
more.
With over 25 years of experience in scaling global technology
businesses, Amir most recently served as the CEO of Sisense,
embedding Cloud AI and Analytics, where he grew the company
17x.
Prior, Amir was the CEO of Nice Actimize (part of NASDAQ:NICE),
providing mission-critical enterprise software to the world’s
largest banks and Fortune 500 companies, monitoring trillions of
dollars per year.
Earlier, he was technical co-founder and EVP of Cyota, a cyber
analytics company, protecting hundreds of millions of identities.
He received his MBA from Columbia University, has a B.Sc in
Computer Science and is credited as an inventor on several security
and analytics related patents.
Greg Jackson, Founder & CEO of Octopus Energy Group,
said: “After a global search, I am delighted to welcome Amir as
CEO of Kraken. He has a rare combination of deep technology
expertise, experience growing cloud businesses and most
importantly, delivering success for clients. This appointment will
enable Kraken to keep scaling whilst maintaining its unparalleled
reputation for successful migrations and rapid innovation as it
helps utilities digitise and transform, globally.”
Amir Orad, incoming Kraken CEO, said: “Very few companies
in the world serve a true purpose of making it a better place. Even
fewer do that at scale and can impact hundreds of millions of
people. Finding that Kraken does exactly that, and is doing so
while harnessing the most cutting edge technologies of AI,
analytics and the cloud has resulted in an instant match. I’m
honoured to join the Kraken team, lead its aggressive momentum, and
serve our important purpose of leading the world’s energy and
utilities transformation.”
Gavin Patterson, Chairman of Kraken, said: “With advanced
data and machine learning, Kraken offers utilities, suppliers and
traders full management of the entire energy supply chain. This
creates efficiency, better customer service, and unrivalled scaling
potential in a decarbonised world. Amir’s experience leading three
data analytics driven companies will accelerate our market
leadership further as we keep pushing the boundaries of AI’s role
in the energy transformation.”
About Octopus Energy Group
Octopus Energy is a global clean energy tech business, driving
the affordable, green energy system of the future. Under its own
retail brand, Octopus delivers world-class customer service and
cutting edge energy products to 7.9 million households globally.
Its operations span 18 countries and the entire energy value chain.
The group invests in, builds and flexibly manages renewable energy,
operating a £7 billion portfolio of projects.
Octopus has licensed its advanced data and machine learning
platform, Kraken, to support over 54 million customer accounts
worldwide through licensing deals with companies such as EDF,
Severn Trent E.ON and Origin Energy, Portsmouth Water. Kraken
enables Octopus to drive the electrification of heat and transport
through smart tariffs and innovative cleantech. Backed by pension
funds, investors and energy giants, Octopus Energy Group businesses
deliver cheaper, greener energy and cutting-edge tech to countries
and customers worldwide. For more information, check out our
website.
About Kraken
Kraken offers a best-in-class end-to-end platform for energy
supply and is operating in the UK, Japan, US, New Zealand,
Australia, and most of mainland Europe. Kraken’s proprietary
platform is contracted to serve 54 million customer accounts across
the globe through licensees. Its first client was Octopus Energy,
where Kraken manages 7.7 million retail customers globally and over
60,000 business customers (the largest of which is Arsenal FC).
Based on advanced data and machine learning capabilities, Kraken
automates much of the energy supply chain to allow outstanding
service and efficiency as the world transitions to a decentralised,
decarbonised energy system. Kraken manages more than 38 gigawatts
in utility scale assets. These span a wide range of technologies,
from off-shore wind to grid-scale batteries. Kraken is also a
global leader in the rapidly growing field of domestic flexibility.
The platform already handles 162,000 domestic devices, totalling
over a gigawatt of power.
Kraken is part of Octopus Energy Group and was developed to
enable select third parties to take advantage of the technologies
developed by Octopus Energy. It has already been licensed by major
global players, including Origin Energy, Severn Trent E.ON
Portsmouth Water and EDF. For more information, check out our
website.
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