#Opus one 2011 full
#Opus one 2011 software

And Opus One has been prepared at every turn. Vision, a great product and hard work have been key to Wong weathering storms along the way - storms like COVID-19. I’m supposed to be a third-party sanity check, and yet, I find them always so prepared.” “Because the crisis is literally everywhere, and because the tech is so scalable and the clients so giant, Josh and his team can make huge environmental and financial gains. “Opus One tackles climate change better than any company I’ve seen,” Ensing says. Wong anticipates his team will hit 150 employees in 2021.ĭennis Ensing, a Momentum executive in residence, has been Wong’s closest consultant for the past two years. In addition to that initiative, Opus One now has projects in dozens of regions and is looking to expand into Asia. Together, they are co-developing DEMOCRASI, a demonstration project in Bracebridge, Ontario to test an innovative energy management system. Through the Power Forward Challenge, an initiative run by MaRS and founded by Natural Resources Canada (NRCan) and the UK Department for Business, Energy and Industrial Strategy, Opus One connected with Lakeland Holding. For instance, MaRS PR Accelerator has helped the company gain traction in the press, landing stories in major newspapers, speaking engagements at innovation conferences and video appearances. MaRS has assisted Opus One’s growth in other ways as well. “Business models, geographies, laws - what you have - those change, but nurturing the planet will never change.” “I think growth is a testament to vision,” Wong says. Opus One has joined MaRS Momentum, a national program that is hyper-focused on grooming executives and helping their companies reach unicorn status. Today, Opus One is one of Canada’s banner tech companies expected to reach $100 million in revenue by 2025, with projects in dozens of regions. MaRS Talent Services got to work improving Opus One’s organizational structure and building benefits packages.

Most executives will tell you that hiring and retaining quality employees is the hardest part of the gig - even harder when none of your senior leaders have HR backgrounds. These were the sparks Wong needed to propel his venture to the next level.Īs the Opus One crew continued to grow, Wong also leaned on MaRS to craft talent policies. “MaRS brought me into the community.” MaRS advisors recommended Opus One apply for the federal Canadian Technology Accelerator program, which paved the way for the startup’s entry into the U.S. “Every entrepreneur needs peers to relate,” Wong explains. Immediately, he found fellow entrepreneurs (many of them located in the campus or within walking distance). Ten years ago, investors weren’t that interested in cleantech, and finding like-minded peers was difficult. “I admit that I stumbled into entrepreneurship and didn’t do a lot of research,” Wong says. It’s taken a lot of work to get the company to this point, however. And because the company got in the game early, Wong’s tech is well positioned to set the international standard for smart-grid upgrades. Opus One targets utilities - giant organizations serving literally billions of people.

#Opus one 2011 software

The scale-up does this by layering its software over existing electric power infrastructure to monitor levels and integrate renewable energy sources. For Wong, that means ubiquitous electrification. With offices in Toronto, New York City and Glasgow, Opus One Solutions decarbonizes the globe’s energy systems and maximizes efficiencies. “I fell a lot over the last 10 years MaRS and Toronto’s innovation community helped pick me up.”

#Opus one 2011 full

“I knew that tech like ours would revolutionize utilities, however, I didn’t understand the full scope of the challenges,” says Wong. Wong had a global scale-up in waiting, but he needed some support. When Joshua Wong started his smart-grid firm Opus One Solutions in 2011, he was ready: nearly five years’ experience as an engineer and business leader in the energy sector, as well as a product capable of transforming utilities the world over. Getting a startup off the ground (and into the strata of the world’s elite companies) requires precision planning and near-flawless execution. President and CEO Joshua Wong had the foresight, work ethic and revolutionary product - and MaRS gave him a boost at every step.