Tuesday 2 April 2013

Energy management company expansion in Britain

Meterlogix, the energy monitoring and management company has launched a UK company as part of its initial expansion into Europe.

Ollie Walsh (L) and Jock Waugh
‘As a technology company, borders are not a barrier to us’ states Ollie Walsh, MD of Meterlogix. ‘So from the very beginning of the planning for Meterlogix, Ireland was a launch pad into bigger markets. Ireland is an important market to us, but was never going to be our destination’

‘Meterlogix Ireland only launched in December last year, so this expansion may seem particularly ambitious, but the model we have developed for the business was planned for scalability from the start, so once we had our product and service offering complete, we could immediately look at international markets. As we had an immediate international focus, we quickly achieved Enterprise Ireland ‘client’ status, and they have helped us greatly already in UK and are now helping us look further afield.’

Meterlogix has developed a cutting edge energy management system which enables business owners view the power consumption live. Being live, the system can be used to establish baselines to effectively manage down power usage. ‘The basic concept here,’ according to Jock Waugh UK Managing Director for Meterlogix, ‘is the more effectively you can measure your usage, the better you can manage it. Your electricity usage cannot be measured any more accurately than with the Meterlogix system’

Ollie Walsh was in Sheffield for the official launch of the UK company and says, ‘ I am delighted that we now have a full team – management, accounts, sales, installation and customer support based in our Sheffield office to service our growing UK customer base. At this early stage, our UK team are proving to be very effective as they are already generating 50% of our sales.

‘All these elements of the UK business will be operated locally in Sheffield, with the manufacture of the Meterlogix hardware, software development and all marketing functions being retained in Ireland’

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