Octopus Energy Group Spins Off Technology Business Kraken into Independent Company
Octopus energy provides world-class customer service and advanced energy products to approximately 10 million households worldwide. On top of that, it promotes the electrification of heating and mobility utilizing smart pricing plans and innovative cleantech. The business covers energy value chains across 27 countries and regions, operating a renewable energy portfolio of £7 billion, as well as engaging in EV leasing, heat pumps, and solar initiatives. Supported by pension funds, investors, and leading energy firms, Octopus Energy aims to offer customers and nations worldwide cheaper, greener electricity and cutting-edge technology.
Kraken is the world's unique proven end-to-end platform that enables the digitization and transformation of utilities. Trusted by major energy companies such as EDF, E.ON Next, Octopus Energy, Origin, and Tokyo Gas, Kraken operates with headquarters in London and New York, managing over 70 million customer accounts while overseeing the world's largest residential virtual power plant and the largest grid-scale battery in Europe. Thanks to advanced features in data, AI, and machine learning, Kraken automates much of the energy supply chain, achieving remarkable service and efficiency. Its cutting-edge capabilities redefine the utility sector, resulting in a 30-fold increase in new product development among partner firms, improved consumer rankings, and billions of dollars in operational efficiencies. Furthermore, the cloud-based architecture boasts high flexibility and scalability, showcasing a record of extremely rapid and seamless transitions, making it adaptable to other industries like water utilities too.
For more information, visit Kraken's official website.
About Kraken
Kraken is the world's unique proven end-to-end platform that enables the digitization and transformation of utilities. Trusted by major energy companies such as EDF, E.ON Next, Octopus Energy, Origin, and Tokyo Gas, Kraken operates with headquarters in London and New York, managing over 70 million customer accounts while overseeing the world's largest residential virtual power plant and the largest grid-scale battery in Europe. Thanks to advanced features in data, AI, and machine learning, Kraken automates much of the energy supply chain, achieving remarkable service and efficiency. Its cutting-edge capabilities redefine the utility sector, resulting in a 30-fold increase in new product development among partner firms, improved consumer rankings, and billions of dollars in operational efficiencies. Furthermore, the cloud-based architecture boasts high flexibility and scalability, showcasing a record of extremely rapid and seamless transitions, making it adaptable to other industries like water utilities too.
For more information, visit Kraken's official website.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.