Houston, TX | November 6 2024

Innowatts is pleased to announce an important leadership transition. The Innowatts board has appointed David Boundy as our new Chief Executive Officer, succeeding Sid Sachdeva, who will continue to play a strategic role as a member of our board.

Dave brings a wealth of experience and a strong operational perspective, having previously served as Innowatts’ Chief Operating Officer, and as interim CEO since February 2024. His leadership will ensure Innowatts continues to deliver industry leading AI-powered energy data solutions for our global customers and partners.

Commenting on the transition, Dave expressed his appreciation for Sid’s contributions, “Sid’s visionary leadership as founder has been pivotal in shaping Innowatts into the industry leader it is today. His unwavering commitment and strategic insights have laid a strong foundation for our future, and I’m honoured to continue building on his legacy. I’m delighted that Sid will remain on our board, and I look forward to collaborating closely as we embark on this next chapter.”

The Innowatts board expressed their confidence, stating, “Dave’s extensive operational expertise and proven track record make him the ideal choice to lead Innowatts into the future. His strategic vision and dedication to innovation will be instrumental in driving our continued growth and success. We are deeply grateful to Sid for his transformative leadership and are pleased to have his ongoing guidance and insights on the board.”

This leadership transition marks an exciting new chapter for Innowatts as we continue to advance our mission of transforming the energy sector through advanced data analytics and AI, delivering leading edge forecasts, deep insights, and powerful energy data solutions for our customers worldwide.

 

 

About Innowatts
Innowatts is a dynamic and innovative leader in AI energy data analytics serving retail energy providers, utilities and grid operators, as well as commercial, industrial, and public entities worldwide. The award-winning Innowatts SaaS Platform utilizes best-in-class Artificial Intelligence to unlock grid edge opportunities, increase customer value, and accelerate the energy transition by leveraging Insights from more than 53 million meters globally, delivering real-time, customer-centric energy analytics with unprecedented accuracy. With clients and operations across the Americas, Europe, and Asia, Innowatts is a global leader, enabling energy providers to become truly customer-focused and fully leverage the power of data to transform their businesses. For more visit innowatts.com and follow us on LinkedIn.

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