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Buddy launches Ohm to snare low-cost building management market

Australian startup Buddy is hoping to capitalize on the growing concerns about the environmental impact and financial cost of energy consumption from businesses looking to the IoT for answers. To this end, Buddy is launching the Ohm – a $1,500 hardware plus software system for building energy monitoring. Buddy says the Ohm will give its customers a clear view of their buildings’ financial and environmental cost – using sensors that track a buildings consumption of electricity, gas, water, steam and solar power generation. As utility bills make up a significant part of operational costs for most businesses, systems like Buddy’s that offer a solid ROI are rather enticing. This market is particularly large, with a lot of space for both…

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