Friday, July 26, 2024
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Home » Pilot Group Looks to Expand Following Significant Investment

Pilot Group Looks to Expand Following Significant Investment

by Ryan Hughes
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Manchester-headquartered Pilot Group has outlined plans to expand its team, as it looks to save companies across the UK £1.2m in energy costs. The business’ EMS managing director spoke to Insider about its ambition, and plans for international success.

Established in 1992, and employing more than 160 people, Pilot Group offers services focused on energy management, electric vehicle charging, LED lighting and traffic contract systems, which enable customers to reduce their carbon and be more energy efficient.

Lee Morgan told Insider that the business has had a “strong start to the year”, after investing £500,000 into its Energy Management division. The system includes a self-learning algorithm, enabling users to control their outputs with remote access.

“The cost of energy bills are increasingly unpredictable and unforeseen events can have huge impacts on the market which are long-lasting”, said Morgan.

He added: “As a result we’ve seen initiatives from the Government which are designed to support businesses in the UK from the rising cost of energy, however it is becoming more apparent that organisations across the country will need to implement measures themselves rather than wait for further intervention.”

A large portion of the firm’s major investment has been into expanding its EMS team, to meet demand and grow its presence in sectors such as manufacturing and retail.

Morgan explained: “As part of the investment, we’re seeking to hire a number of tech-focused roles in the near future with employees tasked with growing and fine-tuning the EMS service to further build upon its success.”

While growth in the UK market is Pilot Group’s main focus, Morgan noted that the company “harbours ambitions to significantly grow this”.

He added: “We are currently working on a number of exciting projects across Europe and looking to grow this significantly. Pilot Group also has a keen eye on making moves into the US market which has a wealth of opportunity for us to expand into.

“The US typically has larger areas of land, which are home to bigger properties, and therefore higher energy bills and it’s a region where we think we could add real value.”

The business is looking to reach its £1.2m goal by June, but plans to “set an even bigger target in the year ahead”, said Morgan.

“Crucially, we want to ensure that we support and help businesses moving forward as they look to rise to the challenge of increasing energy bills. Sustainable and carbon reduction initiatives don’t have to be at a pure cost, they can also see a great return on investment which will help businesses thrive going forward, and something which companies take advantage of.”

Source : Insider

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