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Buddy Platform expands distribution deal with Ingram Micro

Buddy and Ingram Micro recently entered into a global partnership.

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Buddy Ohm is a facility resource monitoring solution

Buddy Platform Ltd (ASX:BUD) and Ingram Micro Inc. (NYSE:IM) have extended their distribution relationship to Mexico, Brazil and 18 additional Latin American markets.

Buddy’s building monitoring solution, Buddy Ohm, can help provide new insights for building operators and tenants to monitor critical systems and drive down monthly resource spending.

Streamlining distribution and driving reseller growth

Last month, Buddy signed an agreement with Ingram Micro, the world’s largest distributor of technology products and supply chain services, to distribute the Buddy Ohm product line worldwide.

The deal with Ingram Micro is expected to streamline distribution and drive reseller growth for Buddy.

In addition to distributing the Buddy Ohm product to resellers worldwide, Ingram Micro will also work with Buddy to develop training programs for both sales staff and installation staff.

Europe and Latin America are target markets

According to the US Energy Information Administration, there were 5.6 million commercial buildings in the U.S. amounting to 87 billion square feet of floorspace.

Latin American market is nearly double that of the US (by population), and the region covered by the latest agreement includes 47 cities whose population exceeds one million.

Buddy’s next focus will be to launch in Europe.

READ: Buddy Platform’s building monitoring solution launched in new markets

Quick facts: Buddy Platform Ltd

Price: 0.059 AUD

ASX:BUD
Market: ASX
Market Cap: $153.52 m
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