Peer Valuation Comparison, page-4

It doesnt matter if built internally or purchased, they have the same value proposition and same addressable BEMS market - I’d prefer a CSIRO developed one anytime (BIQ haa further enhanced software since).

The difference however is that BIQ’s award winning 5i platform has already achieved wide scale proven adoption in over 1000 buildings across many countries ; BUD on the other hand is only starting to gain entry into the market with distributors and no guarantee that Buddy Ohm can achieve the level of market penetration required to sustain its lofty market capitalisation. As you probably have read here, it is a competitive market place especially those in the ‘analytics and visualisation’ space.