Tuesday, 21 March 2017 13:58

Aussie IoT company unveils energy-saving 'Ohm' platform

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ASX-listed Buddy has unveiled an IoT hardware/cloud solution that it claims could save businesses thousands of dollars on electricity, gas, water, steam, solar, temperature, and other utility bills by monitoring usage and carbon footprint.

Buddy claims the "Ohm" is the first end-to-end system designed to help current and future smart city projects get started faster, with the flexibility to integrate a client’s existing and future systems.

The Buddy Platform has attracted seed investors, including Microsoft and AF Square (set up by pop star Lady Gaga and her former manager). It comprises a full monitoring solution using IoT class hardware, secure and scalable data infrastructure, an operations portal, and mobile/desktop user dashboards.

Led by Seattle-based, Adelaide-born chief executive David McLauchlan, the company announced that Buddy Ohm's first customer would be Seattle’s 5th Avenue Theatre – a building with an auditorium approximately the size of the Sydney Opera House Concert Hall, and listed on the US National Register of Historic Places.

McLauchlan said, “The global conversation around energy — how we generate it, how we consume it and how we conserve it — has never been more urgent, nor more relevant. Smart cities represent an amazing opportunity to dramatically change how we consume energy while improving the quality of life for citizens. Improving the efficiency of those underlying systems is the first step for reaching those sustainability goals.

"I’m incredibly proud of the team and the game-changing product we’ve built, and I’m particularly excited to grow the Ohm product into a central hub connecting smart city-wide infrastructure with the Buddy Platform.”

Buddy Ohm helps accurately measure the consumption of resources in buildings, government facilities, and public infrastructure, helping managers and occupants get a clearer view of the financial and environmental cost of these facilities.

The Ohm base unit is installed in proximity to meters or sub-meters, and utilises industry standard connectors to monitor electricity, solar, water, steam, gas and other natural and built environment elements. Ohm wirelessly connects to other sensors allowing for a network of sensors across city and building landscapes. Each Ohm connects to the cloud=based Buddy Platform via the mobile network.

Because the analytics are cloud-based, the open platform makes it easier to hook up disparate monitoring devices avoiding vendor lock-in and to extract real-time, democratised, data that users can always have full access and control.

The key advantage of the platform is that it can tie together disparate data sources and present them in a dashboard allowing for better utility monitoring and optimisation. It is offered as a service – hardware, service, maintenance and support are all included in a standard installation for a flat US$1500 a month. This is a saving over competitive CAPEX-intensive resource monitoring solutions. Buddy customer data has indicated that Ohm pays for itself within the first year because of energy savings.

Buddy deshboard

 

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Ray Shaw

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Ray Shaw ray@im.com.au  has a passion for IT ever since building his first computer in 1980. He is a qualified journalist, hosted a consumer IT based radio program on ABC radio for 10 years, has developed world leading software for the events industry and is smart enough to no longer own a retail computer store!

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