kraken technologies

Deepak Ravindran is joining the Octopus Energy Group to run the new business. Image: Kraken Utilities.

May 18, 2022

Octopus’ Kraken Technologies expands into other utilities

Octopus Energy’s cloud-native platform Kraken Technologies is expanding to target other utilities, such as water and broadband.

E.ON Next is powered by Kraken Technologies

November 4, 2021

Octopus’ Kraken to deliver enhanced customer service operations in EDF deal

EDF is to move its five million customers onto Octopus Energy’s Kraken platform from the summer of 2023.

August 13, 2021

E.ON Next appointed to take on Hub Energy’s 15,000 customers

E.ON Next has been appointed to take on failed supplier Hub Energy’s 15,000 customers.

Expanding into Spain means Octopus is now active in 11 countries. Image: Octopus Energy.

August 4, 2021

Octopus Energy expands into Spain with Umeme acquisition

British entech company Octopus Energy has entered the Spanish market with the acquisition of green energy startup Umeme.

Origin ‘upgrades’ FY2023 energy market outlook due to strong contribution from Octopus Energy. Image: Octopus Energy.

May 12, 2021

Octopus Energy sees 160% jump in revenue but still records loss due to ‘relentless investment’

Octopus Energy saw its revenue grow +160% in the fiscal year 2019/2020, jumping from £477 million to £1.24 billion.

May 12, 2021

E.ON off to 'successful start' as its profits soar in Q1 2021

E.ON’s UK business has returned to profitability after shifting all npower customers to the Kraken-powered E.ON Next customer service platform.

May 7, 2021

Two million customers migrated to Kraken powered E.ON Next in ‘record time’

E.ON has completed the migration of two million former npower customers to its Kraken powered E.ON Next customer service platform.

Octopus Energy founder and CEO Greg Jackson. Image: Octopus Energy.

April 20, 2021

Octopus Energy reveals plans to expand into green hydrogen

The Octopus Energy Group is set to expand into the green hydrogen sector, touting the benefits of the technology for "parts of the economy electrification can’t reach".

March 26, 2021

Octopus Energy adds £3.4bn renewable generation portfolio

Octopus Energy Group is to acquire its renewable energy investment arm Octopus Renewables, adding £3.4 billion to its portfolio.

March 9, 2021

Octopus acquires Marvel Labs' Configurable software to ‘super-charge’ Kraken

Octopus Energy has acquired advanced energy software Configurable from Marvel Labs, in a move that will "super-charge" its Kraken platform’s market supply capabilities.