Chameleon Technology’s response to NAO report on smart meter roll out

Chameleon Technology’s response to NAO report on smart meter roll out

In response to the NAO report on the smart meter roll out, Chameleon Technology, leader in designing and manufacturing smart in-home displays and provider of real time energy solutions, has stated it’s position as:

“The digitalisation of the energy market provides a better understanding of energy use, accurate bills and faster switching for customers. These are only the initial benefits of the smart meter roll out.

The long-term benefits to consumers and the environment will happen over the next decade, as we see further elements of the smart grid put into place – none of which will be possible without smart meters.

Customer access to personalised, real time energy data from smart meters is what underpins the transition and unlocks the benefits from such innovation in the industry.

The smart meter roll out is complex, but the sooner customers and businesses can benefit from this new technology, the sooner we will be able to create a more decentralised, decarbonised and democratised energy world which is fairer and more cost effective for all.

For more information please contact press@chameleontechnology.co.uk.

Chameleon Technology exhibits at European Utility Week 2018

Chameleon Technology exhibits at European Utility Week 2018

Chameleon Technology is exhibiting at European Utility Week 2018 in Vienna, 6th – 8th of November. We will be located in the ESMIG Zone on stand A.c60, next to the ESMIG pavilion.

The Chameleon team will be demonstrating our Smart In-Home Displays, I•VIE Cloud Platform and Consumer Access Device. We will present how we use real time smart meter data to allow consumers to take control of their energy use and costs and maximise the opportunities of the changing energy world. Chameleon’s smart energy solutions aim to help consumers better understand their energy, monitor their usage and enjoy the benefits of the changing energy world.

Mike Woodhall said: ‘European Utility Week is a great opportunity for Chameleon to  present and demonstrate our smart energy solutions to the European market. It is the ideal platform to meet industry figures and thought-leaders.’

European Utility Week is the premier business, innovation and information platform connecting the smart utility community, with experts from utilities, network operators, vendors, consultants, start-ups and system integrators covering the entire smart system value chain.

Click here to register as our guest at EUW 2018. Find out more about Chameleon’s smart energy solutions.

Please follow us on Twitter at @smartchameleon for live updates during the show.

Chameleon named among fastest-growing technology companies in the UK

Chameleon named among fastest-growing technology companies in the UK

Chameleon Technology has been named as a winner in the Deloitte 2018 UK Technology Fast 50 Awards.

The awards recognise and rank the 50 fastest-growing technology companies in the UK, based on the last four years of revenue data, and are sponsored by DLA Piper, Oracle NetSuite and Silicon Valley Bank.

This year’s cohort of winners represent companies at the forefront of the sector, with over 9,000 employees across the 50 companies, an inspiring average growth rate of 2,176% and total revenues in 2018 of c.£1.2bn.

Chameleon is one of only two Yorkshire-based businesses to make the top 50 and ranked at number 37.

The business has grown by 713% in the last four years and has also been awarded the European Home Energy Monitor of the Year Award for three consecutive years.

Managing Director Mike Woodhall, said: “Appearing in the Deloitte Fastest 50 for the first time will bring valuable recognition of the team’s hard work and innovation. Chameleon’s transformation from in-home display manufacturer to leading energy tech company is due to our focus beyond in-home displays to how real time energy data from smart meters will help unlock the benefits of the digitisation of our energy system for consumers and businesses.”

Matt Hughes, partner for Deloitte in Yorkshire, said: “It’s a fantastic achievement for the company to be recognised in the Deloitte Fast 50 as one of the fastest growing technology businesses in the UK. It has performed phenomenally well in the last few years and demonstrates the benefits of embracing technology to drive innovation in the sectors.’’

“Hopefully Chameleon’s inclusion will act as a catalyst for more of our region’s technology pioneers to feature in future awards.”

Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme commented: “We are now in our third decade of celebrating the country’s fastest-growing technology companies through the UK Fast 50 awards, and the rate of growth continues to impress. The UK start-up scene is in excellent health, with strong access to talent and funding. What impresses me most is the rate of growth, with the time from establishment to ‘unicorn’ status continuing to reduce. I would like to personally congratulate all of the winners and entrants for this year’s awards.

For more information and to view the full list visit www.fast50.co.uk