Davies arrives with a track record of modernizing global legacy systems and implementing enterprise-wide artificial intelligence. During his tenure at Prometheus Group, he successfully embedded AI into product portfolios to increase engineering velocity. CEO Matt Tormollen expects this technical leadership to drive a new level of excellence in the firm’s analytics solutions, which currently support over $50 billion in project financing assessments.

Ascend Analytics serves more than 250 utility and power producer clients, providing intelligence for complex investment and procurement decisions. As the industry grapples with increased load growth and the integration of renewable energy, Davies plans to pair the company’s existing analytical rigor with modern, scalable software development practices. This appointment follows a period of significant growth for the company, which continues to expand its geographic coverage and technical offerings to meet rising market complexity.