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18/05/17
13:00
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Originally posted by Techmeister
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BUD have been through 4 distinct evolutions since listing
1) The original pipeline - a glittering list of global companies - that is finally starting to come on board - Thor and soon to be others (hopefully these wins will accelerate in late 2017 / 2018)
2) Parse 1 - the original business model was hosting fees from thousands of apps - but those fees never amounted to much - and there were many who had negotiated $zero from FB - which BUD had to honour
3) Parse 2 - free forever to the app clients - combined with an 'alternative data' business model - selling anonymised data to 'Wall Street' - with the free forever offer this should massively accelerate on boarding of app clients - BUD could have the #1 platform for apps in the world with this offer
4) Ohm - establishing a significant end-to-end solution in the 'resource monitoring' space - already seeing an expanded product offering to appeal to larger buildings - and about to update on second production run of units - possibly 10,000 units
This is certainly starting to gain traction - as we have 3 businesses now - platform / alternative data / Ohm
Revenue from all three starting to look impressive:
Platform - climbing to $4mill per annum by end of 2017
Alternative data - could be as much as $100,000 per hedge fund - this could be a monster
Ohm - $1500 per month x number of buildings - this could be a monster
Breakthrough looks to be on the cards
Please add thoughts and findings
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Nicely said, writer. I think Buddy is a far more compelling proposition now than it was a year or so ago when it was trading around 15c and everybody was all over it.