Essess Announces Technology Expert and Thought Leader Storm Duncan as Chief Executive Officer

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Industry veteran brings over 20 years of technology experience to aggressively expand Essess’ leadership in $50 billion Big Data space.

Essess (http://www.essess.com), a leading provider of automated energy assessments for commercial and residential buildings, today announced the appointment of Storm Duncan as Chief Executive Officer (CEO).

“Storm is a proven leader and has a significant track record of advising leading global companies throughout various stages of their growth cycles,” said Dr. Sanjay Sarma, Chairman of Essess’ board. “I can think of no better person than Storm to harness this knowledge and experience to evolve Essess into becoming the leading global provider of Big Data solutions for the CleanTech space.”

Storm is widely regarded as an expert and thought leader across many technology categories, having advised some of the most innovative technology companies throughout various stages of their growth cycle, including Google, Alibaba, Microsoft, SAP, VeriSign, Hewlett-Packard, Intuit, RightNow, and Symantec, amongst others. Storm served as the Global Head of Technology Mergers and Acquisitions at Credit Suisse where he was the key leader that drove the advisory group to a #1 market share position. For the last year, Storm served as Senior Advisor to Credit Suisse where he had been focusing his efforts on assisting early stage businesses capitalize on the tremendous opportunities present in the global technology landscape. In addition, Storm also serves on the board of Sundrop Mobile, where he is advising the mobile SaaS platform on its growth strategies.

“I have spent over 20 years analyzing the technology landscape, and I see Big Data for energy as the most important advancement across the industry. Now is the time for a market leader to step forward and provide an industry wide platform to take building energy efficiency to the next level, and I believe Essess is that leader,” said Storm Duncan. “I am excited about joining Essess and look forward to delivering a comprehensive solution that will advance the growth of the company and drive meaningful global environmental change through the simple concept of helping consumers save money on their utility bills.”

Essess collects and analyzes building efficiency performance information on all individual buildings across large geographies, synthesizes the analysis into easy to understand metrics and scores, and automatically generates simple, actionable reports for the owners of those buildings and other key constituencies. The technology behind Essess’ products was originally conceived at and spun out of the MIT Field Intelligence Laboratory.

Essess is actively hiring across all of the company’s divisions including engineering, design, analytics, and sales.

About Essess

Essess is the world’s first Big Data company focused on commercial and residential energy efficiency. Essess' cutting-edge energy loss detection and diagnostics products, conceived out of the MIT Field Intelligence Laboratory, automatically detect, identify and quantify energy inefficiencies for buildings. By identifying all specific sources of energy inefficiencies in buildings, Essess is able to automatically generate tangible and actionable solutions to those inefficiencies along with the economics of each solution. Essess drives meaningful environmental change by simply helping building owners understand how to reduce their energy bills. For more information visit http://www.essess.com.

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Media Contacts:
Jennifer Moranz
Essess
+1.415.278.1727
jennifer.moranz(at)essess.com

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Jennifer Moranz

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