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BGF completes multi-million-pound investment in energy data business , Stark
BGF , a UK and Ireland investor , has completed a multi-millionpound investment in Stark , a leading provider of energy data and analytics services , based in Horley , Surrey .
Established 40 years ago , Stark collects , processes , assures and distributes data representing around 20 % of the UK ’ s electricity supply , every day . It serves over 30,000 organisations including large energy users , intermediaries and energy suppliers – large and small . The company employs over 280 people from its four offices across the UK .
Funding from BGF will be used to consolidate and expand Stark ’ s data , analytics and metering service offering as well as address emerging data-driven opportunities around the integration of electric vehicles , storage and the delivery of Net Zero , both in the UK and internationally .
Alongside the investment , Steve Jennings , former Head of Energy and Utilities at PwC and NED of BGF portfolio company , Cornwall Insight , has been appointed to the board . Jennings ’ appointment is the result of an introduction from BGF ’ s Talent Network , which is the UK ’ s largest pool of non-executive directors .
Joel Stark , Executive Chairman of Stark , said : “ The funding from BGF is a huge step forward for Stark – helping us scale faster and meet our goal of empowering businesses to hit ‘ net zero ’ emissions through clearer and more timely data and insights .
“ BGF ’ s expertise in the field of cleantech and its commitment to sustainable investments made it the natural partner to facilitate our growth plans .”
Nimbus Ninety reveals top digital trends in 2021 business report
Nimbus Ninety , an independent community for disruptive business and technology leaders , has released the 2021 edition of its annual Digital Trends Report , providing insight to help organisations navigate their course for 2021 and beyond .
The report brings together responses from 305 business leaders , from a wide range of roles , organisations and industries , to analyse the major challenges facing organisations in 2021 and the key imperatives for digital strategy moving forward . businesses previously , however Nimbus Ninety reports that it will feature little in the next 18 months , and yet will drive agendas later in 18 – 24 months ’ time .
The influx of remote working has demanded rapid change , with this continuing to be a headliner for digital change in 2021 . Nimbus Ninety reports that “ adapting to changing working environments ” will remain a challenge for 2021 , with 35 % of workers hoping for greater separation between work and home life .
Emma Taylor , Founder and Managing Director of Nimbus Ninety , said : “ Digital strategy must support business strategy more than ever this year . We ’ re seeing the clear role that digital has to play in an organisation ’ s ability to lead market change , incorporating technological advancements and humanising the customer experience .”
The report highlights how the dramatic landscape of innovation and business agility has become a significant trend , with 72 % of respondents agreeing that they ’ ve become more innovative in the last 12 months than in the last five years . Environmental sustainability has extensively been on the radar of
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