Former Cisco CTO and Director of Innovation joins Silverstream Technologies as Chief Data Officer

LONDON, 13 DECEMBER 2022: Silverstream Technologies, the market leader in air lubrication technology for the global shipping industry, today announced the appointment of Nick Chrissos as Chief Data Officer (CDO) to lead the company’s data strategy at a pivotal time of growth for the business. Nick joins Silverstream following two decades at global technology giant Cisco, where he held various roles including Chief Technology Officer (CTO) globally for small businesses, and Director of Innovation in EMEAR.

As the innovation leader for Cisco in Europe, Middle East, Africa and Russia, Nick was involved in some of the most technologically advanced projects in the world, from smart cities and autonomous vehicles to agriculture robots and fish farming automation. During this time, he led some of the best engineering teams to create viable solutions for deploying cutting-edge technologies across multiple sectors and industries.

Nick’s appointment marks a significant moment for Silverstream as the company places increasing strategic importance on customer data to its overarching value proposition. Nick, and the existing data science team he will lead at Silverstream, will help the business fully utilise the power of its data. Through the application of advanced data analytics, AI and machine learning tools, this data can be hugely valuable to customers and support optimal use of Silverstream’s technology, as well as other aspects of ship operation. 

Nick Chrissos, CDO, Silverstream Technologies, said: “Playing a central role in the evolution of Silverstream, and to the disruption of an industry that is ready for digitisation, was an opportunity that I couldn’t resist. Silverstream’s technology is already successful in the market but having the urge to take it much further, believing in the power of the data, and investing in the R&D around new solutions, defines Silverstream as an innovation leader in maritime. What we are trying to achieve requires brilliant vision and huge effort, but this all depends on the calibre of the people and the unique culture of the company underpinning it. This was for me the most critical factor when I agreed to join Silverstream.”

Noah Silberschmidt, Founder & CEO, Silverstream Technologies, said: “Bringing onboard a data and innovation leader from one of the world’s top technology organisations is very exciting for Silverstream and is another sign of where we are headed. Nick will provide strategic direction and industry-leading expertise to our data practices and will help Silverstream generate new value streams for our customers. We are at the tip of the iceberg when it comes to harnessing the true power of our data, and Nick’s experience in creating innovative products and services based on that data will prove to be a very strong asset for Silverstream in the coming years.”