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Wednesday, 07 August 2024 09:11

Octopus Energy Group appoints Amir Orad as CEO at end-to-end utility digitisation and transformation platform Kraken

Octopus Energy Group has announced the appointment of Amir Orad as the dedicated CEO for Kraken, the end-to-end platform for utility digitisation and transformation.

KRAKEN TECHNOLOGIES MD AMIR ORAD 1

Photo: Amir Omad 

With over 25 years of experience in scaling global technology businesses, Amir Orad most recently served as the CEO of Sisense, embedding Cloud AI and Analytics, where he grew the company 17-fold.

Prior to that, he 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. With an MBA from Columbia University, and a B.Sc in Computer Science, Amir Orad is credited as an inventor on several security and analytics related patents.

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”.

Greg Jackson, Founder & CEO of Octopus Energy Group, commented:

“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.”

The appointment will support Kraken’s continued growth as the leading global operating system for energy, water and telecoms – Kraken is contracted to serve 54 million energy accounts around the world through licence agreements with global energy giants.

Following the successful rollout of Kraken in the energy sector, the company launched Kraken Utilities to help transform water and broadband companies, greatly improving their efficiency and customer experience.

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.

Gavin Patterson, Chairman of Kraken, added

“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.”

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