DUBLIN, Ireland, Jan. 31, 2020 /Wattics/ – – Buddy Technologies, Ltd. and Wattics, Ltd. have entered into a technology partnership to provide real-time energy monitoring (Buddy Ohm), energy analytics and reporting (Wattics) to commercial and industrial customers around the world.
Wattics energy software is a leading energy and business analytics company with offices in Ireland and Germany. Buddy is a leader in IoT and cloud-based technologies based in Australia and the United States. Buddy’s adoption of Wattics technology will bring advanced energy and business analytics with powerful reporting capabilities to the Buddy Ohm platform while Buddy Ohm will bring new opportunities to Wattics users with real-time monitoring toward a new level of insight through their strategic partnership.
Buddy Technologies is a well-established publicly-traded company with global reach and offices in Melbourne, Adelaide, Seattle and Dublin. The first release of the new integrated capabilities was launched in Q4 2019. Buddy expects these new capabilities to increase sales and renewals of the platform as it increases the value of the product and provides capabilities that align with the needs of new audiences such as energy managers and consultants.
“With both Wattics’ and Buddy’s customer-centric user experience, value, and proven solutions, this partnership could not be a better match,” says Antonio Ruzzelli, Wattics CEO
The depth of expertise that both Wattics (energy analytics) and Buddy (IoT and metering) possess will be mutually beneficial for both companies working together towards offering superior energy management services and building intelligence solutions.
According to Buddy Technologies CEO, Travis Gerber, “We had been looking for a company like Wattics to partner with and were delighted to discover the potential of the analytics that the Wattics platform can bring to our customers. Integrating this technology into Buddy Ohm platform will bring our customers to a total new level of insight that we could not find with any other platform on the market today.”
The importance of powerful energy analytics is a priority and one that companies must embrace for energy-efficiency and sustainability or face loss of profit and hefty fines from local regulators.
Buddy adds that some of the unique Wattics analytics such as the Formula Composer (replaces traditional energy analysis on cumbersome excel spreadsheets), machine-learning Sentinel Trends and Measurement and Verification (M&V) tools will greatly advance the powerful building blocks of the Buddy platform for smart spaces. The importance of powerful energy analytics is a priority and one that companies must embrace for energy-efficiency and sustainability or face loss of profit and hefty fines from local regulators. Through Wattics, Buddy will be able to provide powerful tools to a wide network of professionals that will identify, rectify and verify saving opportunities at large.
Antonio Ruzzelli, Wattics CEO continues, “We are very excited about Buddy adopting our software to accelerate the adoption of energy analytics across the world, and thrilled about what the future holds. Since day one, Wattics has believed that the companies of tomorrow are those that look closely at their energy performance, respect the environment and embrace sustainability today. It is great to see all of this taking shape.”
About Wattics Ltd.
Wattics focuses on advanced cloud-based machine learning analytics to help energy consultants, certified energy managers, analysts, and practitioners with powerful and modern tools to identify saving opportunities, measure and verify saving actions, asses impact, track achievements, meet mandated policy/compliances (eg. carbon reduction) and certifications eg. ISO5001, Leadership in Energy and Environmental Design (LEED). The analytics integrate with a wide spectrum of utility data, energy, environmental and business metrics to then using advanced algorithms to help to uncover energy performance and wastages for portfolios of buildings, industries, and businesses.
About Buddy Technologies Ltd.
Buddy Technologies is a publicly-traded company that operates a cloud-based data management platform and resource monitoring solution for commercial, industrial and multi-family residential buildings. In addition, Buddy’s recent acquisition of LIFX Smart Lighting has catapulted the company into smart spaces and energy-saving solutions. The system is made up of Internet of Things (IoT) class hardware, the Buddy Cloud, plus engaging software experiences. The Buddy Ohm operations portal, and engaging occupant dashboards for monitoring and reducing consumption of resources like electricity, water, gas, steam, temperature, and humidity.