AppDirect has acquired Broker Online Exchange (BOX), a leading retail energy network in North America, to enhance its AI-driven business services. This strategic move aims to tap into the projected 42% growth in electricity demand by 2035, allowing AppDirect to offer a broader solution range, including energy services alongside its existing cloud and technology offerings. The acquisition benefits over 2000 independent energy brokers by providing them access to AppDirect’s technologies and support, enabling enhanced service provision to clients in a competitive energy market.
"The long-term view is unshakable: electricity demand is projected to grow 42% by 2035. Affordable, accessible energy is a core enabler of economic competitiveness and an essential hedge against climate driven instability."
"AppDirect's deep commitment to its technology advisors mirrors BOX's commitment to our energy broker community, so partnering with the team is a natural fit, providing incredible opportunities."
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