Buddy Ohm slashes energy monitoring costs internationally by adopting Wattwatchers


ASX-listed Buddy Technologies Limited has used its 2019 CEO Letter to Shareholders (April 30th, 2019) to announce it will exclusively use Wattwatchers for electrical panel monitoring, across its international operations, to feed real-time energy data into its Buddy Ohm cloud.

Earlier this year the Seattle and Adelaide based company, then named Buddy Platform, announced a $70 million purchase of smart lighting company LIFX, which was established in Victoria, Australia, before moving to Silicon Valley in California.

Buddy is now nominating both LIFX and Wattwatchers as prime examples of its ‘Works with Ohm’ strategy, and has highlighted the cost savings it is making by moving from in-house hardware for energy monitoring to Wattwatchers.

The letter from CEO David McLauchlan says in part: ‘Our average bill of materials for installs will drop by nearly 70% and our cost of ongoing operations on a per site basis will drop by 75%.’

Wattwatchers CEP Gavin Dietz has welcomed the Buddy decision to adopt Wattwatchers as its monitoring solution for electricity.

‘We love it when partners decide to back their core strengths in software and make use of Wattwatchers’ combined hardware, firmware and communications expertise in accurately capturing energy data in real-time and delivering it through the cloud,’ said Dietz.

Read more from the Buddy release at pages 3-5