Only just researching, but very compelling alliance for a big push at some stage.
Noticed some Vol today /under the radar type stock so keen to learn more.
Did all this partnership/investment go through?
"The parties also intend to enter into a strategic collaboration agreement, combining SNAPS Internet of Things (IoT) solutions with BuildingIQ’s 5i technology stack.
Headquartered in Fargo, North Dakota in the United States of America, SNAPS owns a portfolio of companies providing a range of products and solutions worldwide, some of which include: mission-critical, utilities and aviation land mobile radio communication control technologies; Internet of Things (IoT) / Artificial Intelligence (AI) based wireless networks; location services, situation awareness and asset tracking technologies; healthcare IT systems, IoT-driven smart agriculture technology; and smart building automation solutions.
SNAPS wireless venture, a countrywide data network, in making exclusively for IoT, addresses a market currently estimated at US$300 Billion and growing. Initial deployment schedule of SNAPS involves end-2-end IoT/AI driven smart building automation solutions for Commercial Real Estate (CRE) and Digital Farming and Animal Health Markets.
There are significant benefits to this collaboration. First, BuildingIQ’s technology has strong synergies with a broad range of SNAPS’ offerings. Further, by utilising its operational and financial resources, SNAPS will accelerate the global expansion of the strategic alliance.
The combined offering will include wireless connectivity and IoT solutions provided by SNAPS’ portfolio companies along with BuildingIQ’s 5i technology, providing leading edge energy management solutions based on cloud/edge computing and Artificial Intelligence (AI).
Commercial building owners and operators, ranging from smaller retail locations to large office buildings, healthcare facilities and education campuses, will reap significant operational benefits and energy savings from this comprehensive solution."
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