MeasureMyEnergy Announces New Strategic Partnership with TECHNEDs May 15, 2018.
Chandlers Ford, Hampshire, 15 May 2018 / -- MeasureMyEnergy, the manufacturer of highly advanced electricity sub-meters which can generate an itemised energy bill, is today announcing a new strategic partnership.
Following successful negotiations, MeasureMyEnergy is delighted to announce its new partnership with TECHNEDs. CEO of TECHNEDs, Simon Mewett, will join the board of MeasureMyEnergy as Non-Executive Director today.
MeasureMyEnergy was founded in 2012 to address the problem that utility bills for business were not itemised. The company has designed an integrated hardware and software platform that allows users to understand precisely when and where they are consuming energy. Purely by delivering a higher level of detail it encourages behavioural change in its users, typically saving businesses in excess of 30% at zero cost or investment in replacement technologies.
In the six years since incorporation, MeasureMyEnergy has grown substantially as a result of strong demand for the company’s disruptive services. Following a process to identify an additional partner to assist in the further exciting development of the company, TECHNEDs was chosen as the preferred partner.
“MeasureMyEnergy is delighted to be welcoming Simon and the TECHNEDs team to our business” says MeasureMyEnergy’s CEO, Ben Murphy. “Following a sustained period of strong growth, the company has further ambitious plans and goals to achieve. For which the team and I need to surround ourselves with the very best people. Following an extensive due diligence process, we were hugely impressed with Simon and his team’s experience, fresh thinking and cultural values. We believe they will be an ideal fit.”
“We are very excited to have Measure My Energy as part of the TECHNEDs family. The field of energy monitoring presents significant opportunities for companies like MeasureMyEnergy to enhance their focus on innovation and bring emerging technologies to market.” said Simon Mewett, CEO, TECHNEDs. “We also believe that by bringing our experience will lead to many opportunities for MME to partner with clients in new markets whilst continuing at pace with technology innovation.”
Find out more about how MeasureMyEnergy is helping businesses of all sizes reduce their energy consumption and the future of utility billing at www.measuremyenergy.com
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