Welcome!

News Feed Item

Buddy Platform Aims to Simplify Smart City Efforts with Next Generation Resource Monitoring Solution

With the massive growth in smart city projects around the world, Buddy Platform has announced "Buddy Ohm", its first end-to-end solution focused on resource monitoring.

SYDNEY, March 20, 2017 /PRNewswire/ -- Budd­­­y Platform Limited (ASX:BUD) today announced a simple, complete and low cost solution for monitoring the consumption of electricity, gas, water, steam and solar power generation, called Buddy Ohm. The new product helps accurately measure the consumption of these resources in buildings, government facilities, and public infrastructure, helping managers, occupants and citizens get a clearer view of the financial and environmental cost of these facilities. Available today, Buddy Ohm is the first end-to-end system from Buddy Platform designed to help current and future smart city projects get started faster, with the flexibility to integrate a client's existing and future systems as they come online. The Company is also pleased to announce Buddy Ohm will be launched in Seattle's famed 5th Avenue Theater – with an auditorium approximately the size of the Sydney Opera House Concert Hall, and listed on the US National Register of Historic Places.

"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," said David McLauchlan, CEO at Buddy Platform. "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, monitoring for smart cities
Buddy Ohm is a full monitoring solution comprised of Internet of Things (IoT) class hardware, secure and scalable data infrastructure, an operations portal, engaging occupant facing dashboards, and on-the-go mobile experiences. Leveraging the power of the IoT, Buddy Ohm makes it easy and affordable to extract data from city and building systems in real-time, which is then processed by the Company's powerful data infrastructure service, The Buddy Platform. By utilizing open hardware and software protocols, customers don't have to worry about vendor lock-in with Ohm, they will always have full access and control of their resource data.

  • Hardware – The Ohm base unit is installed in proximity to meters or sub meters, and utilizes industry standard connectors to monitor electricity, solar, water, steam, gas and other natural and built environment elements. Ohm can wirelessly connect to other sensors, allowing for a network of sensors across city and building landscapes. Ohm connects directly to The Buddy Platform via the cellular network, eliminating troublesome WiFi environments and reducing lapses in connectivity. This capability also means Ohm can be deployed in places where connectivity is a challenge.
  • The Buddy Platform – Infinitely flexible, The Buddy Platform connects a constellation of devices to translate raw data into valuable insight. This highly scalable and secure platform is the heart of Buddy Ohm - enabling the processing, streaming and storing of key resource data, with powerful real time capabilities like a rules engine and alerts.
  • Operations Portal – For the first time, building managers and owners have a simple, easy to understand overview of how their facilities are consuming resources (or in the case of solar, generation). This web portal is always accessible, visually clean and immediately understandable without specific knowledge of the system.
  • Dashboards – Data rich, glance-and-go experiences have become part of the modern digital lifestyle, and this should be the case for resource utilization data as well. Much like an activity tracker, when people have real-time access to data in an easy to understand format, they are more likely to make choices that benefit them and their environment. Buddy Ohm's modular dashboards are designed to do just that.
  • Mobile – Companion mobile experiences are crucial for monitoring and managing key systems for operators. Real-time push notifications when anomalies are detected, or predetermined thresholds are met means operators can act now, rather than looking backwards at historical events. Mobile can also be impactful for the people using the systems as part of their day-to-day activities. It can incentivize conservation by rewarding and gamifying behavior that will have a positive impact on the bottom line while reducing negative impact on the environment.

Hardware, service, maintenance and support are all included in a standard installation for a flat US$1500 a month. This is an enormous cost savings compared to traditional CAPEX-intensive resource monitoring solutions that often run in the hundreds of thousands of dollars. Customer data is already confirming that Ohm pays for itself within the first year as a result of energy savings realized.

"Given the real monetary and environmental benefits of resource monitoring for cities and buildings, these systems should not be reserved for just those with giant budgets," said Habib Heydarian, Vice President of Product and Engineering, Buddy Platform. "With Buddy Ohm we are truly democratizing resource data by utilizing IoT class hardware, and leveraging the power of The Buddy Platform. Once operators and occupants have access to this data and the insights it can provide, they can be an active part of the effort to be more efficient."

Smarter buildings, changing behaviour
Buddy Ohm was designed to be flexible, measuring electricity from the grid, gas, steam, solar and water across many applications. But Buddy also sees great potential in using the system to make buildings more efficient. Buildings represent the vast majority of resource consumption in cities, so optimizing the way they are used can have a big impact on the carbon footprint. While there are a variety of expensive and complex systems available today for managing everything from elevators to HVAC, they are typically siloed and built specifically for the building engineer or operator. Often these expensive systems force operators to optimize their resource consumption using only historical data, which mean critical events that can negatively impact resource consumption are missed. Also, for buildings that lack a traditional building management system (BMS) due to age or budgets, simple and straightforward monitoring using Buddy Ohm can help realize efficiencies and savings they might not otherwise have access to.

While these large systems are important, what they lack is an inexpensive, easy to install and intuitive solution for exposing real-time resource data for building occupants. Complex building infrastructure can be optimized to a certain point, but without the participation of the people living and working in these buildings, the next level of savings and conservation may never be reached. Buddy Ohm also provides a complimentary front-end experience for the traditional BMS by providing engaging, modern and modular dashboards that over time help people develop a deeper understanding of the link between their actions and resource conservation.

About Buddy
Buddy Platform Limited (BUD.ASX) provides highly scalable data aggregation and management infrastructure that helps extract the maximum value from city wide sensor and device data, by connecting systems that were never designed to work together. Services like The Buddy Platform are the backbone of smart city initiatives around the globe, allowing for maximum flexibility and cost savings. The company also offers a complete and low cost solution for facility resource monitoring and verification, called Buddy Ohm which helps turn energy savings into a strategic asset. Buddy Platform is headquartered in Seattle, Washington, with offices in Adelaide, Australia. For more information, visit http://www.buddy.com.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/buddy-platform-aims-to-simplify-smart-city-efforts-with-next-generation-resource-monitoring-solution-300426558.html

SOURCE Buddy Platform

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams. In his session at 22nd Cloud Expo | DXWorld Expo, Daniel Jones, CTO of EngineerBetter, will answer: How can we improve willpower and decrease technical debt? Is the present bias real? How can we turn it to our advantage? Can you increase a team’s effective IQ? How do DevOps & Product Teams increase empathy, and what impact does empath...
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to close th...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...