Greg Jackson

When we built Octopus, we also built a software platform, like an operating system, like iOS or Android on your phone, to enable energy companies, utilities, starting with Octopus, but frankly, anyone in the world,

to be much more efficient, to use vast amounts of data, to be able to become more innovative, and to serve their customers better.

That piece of software is cracking.

We've used it not only for Octopus, but companies in the UK like EDF and Eon have used it to improve their business too.

But you know what, it turns out over time companies realised that they were licensing from a competitor.

And so we've had to spin it off so it can reach its full potential.

First of all, we never know what's going to happen to the future price of energy.

It could go up or go down.

So I think when people try to do a really detailed payback calculation, the problem is you don't really know what the alternative is.

But I don't know many people who've regretted getting these technologies because the one thing, whenever you get them,

is it helps insulate against the volatility of the market prices.

And so as far as I can tell, the vast majority of people who've made that decision are happy with it.

First of all, we never know what's going to happen to the future price of energy.

It could go up or go down.

So I think when people try to do a really detailed payback calculation, the problem is you don't really know what the alternative is.

But I don't know many people who've regretted getting these technologies because the one thing, whenever you get them, is it helps insulate you against the volatility of the market prices.

And so as far as I can tell, the vast majority of people who've made that decision are happy with it.

There's a lot of people who quite rightly think we're naive if we don't understand the threats we face from China.

But it's equally naive not to understand that Chinese technologies...

can now transform so many industries.