Former SSE duo join board
Marchant and Ellis push SwarmOnline into energy
Ian Marchant (pictured) latterly CEO of SSE, and Nigel Ellis, who was former innovation director at the company, are to act as advisers in a non-executive capacity.
SwarmOnline, set up five years ago by Andrew Duncan, is developing a number of products including a smart metering cloud and apps to allow consumers to view their home energy consumption through their mobile phone.
Mr Duncan said: “We are a young company, but have secured an enviable client list of blue chip businesses for our consultancy work.
“We are now looking to re-focus our efforts on also developing products, particularly for the energy sector and Ian and Nigel’s vast experience and array of contacts will be invaluable going forward.”
Marchant, who is non-executive chairman of oil services company Wood Group, and sits on the board of temporary power firm Aggreko, described SwarmOnline as “one of Scotland’s most innovative companies”
He said: “Andrew and his team are developing cutting edge technology that will make a real difference to businesses and consumers alike.
“This is an exciting time to be involved with a growing business as it breaks into new markets and develops new products.”
Mr Ellis, an engineer by profession, spent 34 years with SSE in various roles including commercial development positions, energy trading and latterly new technology investment.
SwarmOnline, which is forecast to grow turnover by 40% to more than £1.5m this year, has developed apps for companies across sectors including E.ON, Clydesdale Bank, Shell, Panasonic, Scottish Widows and Etihad Airways.