About our Company
The Team behind BitWatt Systems
BitWatt Systems’s management team has been in the energy business and software business for decades. We know that retail energy pricing and customer management is all about managing the details. It requires Big Data tools and thoughtfully planned calculation pipelines.
By combining powerful optimization algorithms and statistical modelling with scalable cloud-computing resources, BitWatt Systems now offers market leading pricing and portfolio optimization tools to European energy suppliers. We aim to give energy managers push-button control of their entire new customer and existing customer portfolio with our constantly improving “Optimax” cockpit.
The Team
CHAD HLADIK
CEO
comes from an energy trading background from hedge funds and European utilities. His academic background focused on mathematics and physics.
DOUG TAYLOR
CTO
brings 25+ years of Software Engineering experience with the last ten years serving in executive functions for E.ON Connecting Energies and Autogrid.
CAROLINE GRITTE
Finance & Controlling
worked for several years in accounting, risk management, and back office for UBS wealth management and E.ON. She has a Masters degree in economics and a professional certification in finance.
Advisors
MANAS DEB
is the VP of cloud computing solutions at Cap Gemini. Prior to working for many years in the software industry and for his own startups, Manas earned a PhD in computer science from Univerity of Texas as well as an MBA.
TIM ESCHERT
is a Mechanical Engineer by training and works as the Sales Engineer at Fero Labs. Since 2017, he is Fero Labs’ “foot on the ground” in Germany. Tim’s previous work includes providing consulting services to companies on the implications and implementations of Industry 4.0, Smart Services, Artificial Intelligence, and Internet of Things. As a researcher at Columbia University’s Department of Computer Science (New York) and Rio de Janeiro University’s robotics lab, he co-authored several high-ranked papers.