i2O Water, the Smart Pressure Management technology company, today announced the appointment of Joel Hagan as its new Chief Executive Officer.

Joel’s appointment comes at a time when i2O has secured £8 million in funding to further develop its pressure management and network monitoring solutions and has won a significant contract with Anglian Water in the UK. He will join i2O’s Chief Technology Officer and founder Andrew Burrows in working with utilities worldwide to help them meet their leakage and burst reduction targets.

Joel brings more than 20 years of business leadership and technology expertise to i2O. He is the founder and former chief executive of ONZO, a venture backed start-up which provided electrical utilities with insights from domestic energy use data. He has deep understanding of the utilities sector and significant experience deploying data technologies and simple control mechanisms.

Stephen Bold, Chairman of i2O Water, comments: “We are delighted to welcome Joel as the new chief executive. Joel is an experienced business leader with a strong track record of building technology organisations and a thorough understanding of the global utilities sector. He has great experience in partnering with utilities to help them to improve the returns they can make from investing in new technologies.”

Joel Hagan, Chief Executive Officer of i2O Water, comments: “i2O is an exciting company with great technology and huge potential to reduce leakage, cut burst frequency and improve the environmental and financial performance of water utilities. With water companies around the world facing increased demand for water, improving the smart capabilities of their network is crucial to reduce leakage levels further and ensure security of supply.”