Sign up Australia
Proactive Investors - Run By Investors For Investors

Buddy Platform launches resource monitoring solution in Canada via SaskTel

The agreement represents the first major inroad for Buddy Ohm in the Canadian market.
Buddy Platform launches resource monitoring solution in Canada via SaskTel
SaskTel will be pairing Buddy’s solution with SaskTel’s 4G network

Buddy Platform Ltd (ASX:BUD) and Canadian telecom company SaskTel have reached an agreement to sell Buddy Ohm through SaskTel’s sales teams across the Canadian province of Saskatchewan.

The company’s shares were last trading 8.5% higher intra-day, at $0.255.

Buddy Ohm is a low cost solution for facility resource monitoring and verification, connecting systems that were never designed to work together, while turning energy savings into a strategic asset.

SaskTel is the leading Information and Communications Technology (ICT) provider in Saskatchewan, with over C$1.2 billion in annual revenue and circa 1.4 million customer connections.

Buddy’s partnership with SaskTel will provide for the expansion of Buddy Ohm sales into major commercial and industrial customers in the region.

Importantly, SaskTel is the second mobile operator to sell Buddy Ohm, and represents the first major inroad for the product in the Canadian market.

With this agreement, SaskTel will identify and facilitate sales of Buddy Ohm into key customers looking to reduce their overall energy spend and reduce their carbon footprint.

By bringing Buddy Ohm to this market, SaskTel will be pairing Buddy’s resource monitoring solution with SaskTel’s 4G network – the largest such network in Saskatchewan.

Last month, Buddy reached an agreement with Digicel, the largest mobile operator in the Caribbean, to sell, distribute and install Buddy Ohm through Digicel’s sales and operations teams.

View full BUD profile View Profile

Buddy Platform Ltd Timeline

Newswire
October 13 2016

Related Articles

Mustang Resources' Christiaan Jordaan with investors at Proactive's CEO Sessions
October 06 2017
Christiaan Jordaan discussed rubies with investors at Proactive's CEO Session in Melbourne.
potash-delivery.jpg
July 31 2017
As well as RHA and Zulu, the firm has assets in Mozambique and a stake in private firm Circum Minerals
rare earths
Thu
The first ever drilling campaign at Gakara is about to get underway

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use