Talk:Octopus Energy

information to be added: As of May 2020 the company had over 1.5 million domestic and business customers. In May 2020 Octopus Energy acquired $327 million inves

Talk:Octopus Energy

Edit request 12 May 2020

information to be added: As of May 2020 the company had over 1.5 million domestic and business customers. In May 2020 Octopus Energy acquired $327 million investment from Australian firm Origin Energy

In operations section: A significant part of Octopus Energy profit & revenue comes from licensing their proprietary IT system, Kraken. It was first licensed by UK rival Good Energy in late 2019 to manage its 300,000 customers. In March 2020 it was announced that E.ON and nPower had licensed the technology to manage their combined 10 million customers. As part of the deal with Origin Energy, Origin was given a perpetual license for Kraken in Australia.

Explanation of issue: significant corporate investment and software licensing deals signed in early 2020 mean that Octopus Energy has many more customers managed on their platform and increased international activity that is relevant to wiki readers.

References supporting change: https://www.reuters.com/article/us-origin-energy-octopus/australias-origin-energy-to-buy-20-stake-in-uks-octopus-energy-idUSKBN22D43J
https://www.current-news.co.uk/news/good-energy-turns-to-octopus-kraken-for-customer-services-platform
https://www.reuters.com/article/innogy-results-eon-britain/update-2-e-on-allies-with-octopus-energy-to-revamp-uk-retail-business-idUSL8N2BG14E

Conflict of interest: I am the PR manager at Octopus Energy

DomBellamy (talk) 10:55, 12 May 2020 (UTC)Reply

 Implemented: Your edits have been added to the article. Donna Spencertalk-to-me 14:09, 12 May 2020 (UTC)Reply

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