As we bid farewell to 2024, all of us at POWWR find ourselves reflecting on a year abundant with achievements and progress. From unveiling pioneering product innovations to forming strategic partnerships and reaching celebrated milestones, this year has truly echoed our relentless commitment to pushing the boundaries of excellence and innovation within the energy industry. Let's revisit some of the standout moments from the past 12 months.
Unveiling New Solutions
This year, POWWR put forth ground-breaking solutions designed to revolutionize the operations of both energy suppliers and brokers and enhance their experience. Sales360 Market Insights was launched; an innovative analytics tool that helps energy suppliers instantly analyze their market positioning and performance to make data-driven decisions to enhance profitability. The revamped Risk360 Reporting Suite now boasts a user experience that offers intuitive navigation and streamlined access to risk assessments and performance metrics, supporting timely, informed decision-making. Additionally, the introduction of our CAPI integration solution for brokers has transformed contract submission processes by flawlessly integrating POWWR's Broker360 and Sales360 solutions. This integration not only halves submission times and eradicates redundant data entry but also optimizes the customer journey, allowing brokers to concentrate their efforts on client acquisition. Through these advancements, POWWR reiterates its dedication to equipping our clients with state-of-the-art solutions tailored to ensure our customers close more deals faster, with higher margins and less risk.
Welcoming New Clients
In 2024, POWWR had the privilege of welcoming a whole host of dynamic new clients, including Inspire Energy, Atlantic Energy, Maxen Power, GridPower, and RPower among others. These innovative companies have successfully adopted POWWR’s solutions to elevate their sales operations. These partnerships underscore the critical role that POWWR plays in amplifying sales efficiency, customer satisfaction, and operational transparency, working now alongside over 45 energy suppliers and 2,100 brokers.
Expanding Our Team
This year saw a vibrant expansion within the POWWR family, welcoming a wave of new talent including seasoned developers, a visionary Head of Product, a master Security Engineer, and an insightful CTO. Their expertise and innovative visions have been instrumental in propelling our strategic goals forward, ensuring that we continue to lead the way in the dynamic energy landscape.
Celebrating Client Successes
Throughout 2024, POWWR has proudly showcased numerous case studies, illustrating the successful journeys of our clients thanks to advanced platforms and strategic alliances. Notable collaborations include Grid Power Direct, CN Brown Energy, and EDF Energy, all of whom have leveraged solutions like Risk360 and Sales360 to boost transparency, mitigate risks, and further their net-zero goals. Companies like UtilityWorks and Clearview Energy have also marked significant advancements in operational efficiency and customer service, underscoring POWWR's unwavering dedication to empowering clients and fostering sustainable growth across the energy sector.
Introducing the Energy Barometer Report
This year, POWWR unveiled its Quarterly Energy Barometer Report, swiftly becoming an invaluable resource for understanding energy consumption and expenditure trends across the UK. The latest report reveals a 12.6% increase in energy spending by the average UK business compared to the previous quarter, with notable regional cost variations. Interestingly, energy usage has declined by 12.3% compared to last year, showcasing businesses' proactive efforts in managing energy costs and consumption. Compiled from over 400,000 data points, this comprehensive report delves into the complex dynamics of the energy market, continuing to provide essential insights to businesses navigating the fluctuating energy landscape.
Garnering Industry Recognition
In 2024, POWWR's excellence, innovation, and leadership were celebrated with accolades at the prestigious Business Awards UK Technology Awards and Acquisition International awards. These honors reflect our team's individual and collective efforts, propelling us forward. Additionally, being named runners-up in the Energy Efficiency Awards in October further cements our position as a trailblazer in the industry. We express our sincere gratitude to the awarding bodies, our committed team, and our loyal clients, as we steadfastly aim for even greater heights.
As we conclude a momentous year, we at POWWR are filled with immense pride for all we've accomplished. Looking forward to 2025, we remain wholeheartedly committed to spearheading innovation, supporting our clients, and making a positive impact on the world. Thank you for being an integral part of our journey.
Here's to a bright and powerful future!
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