BUD is the back end it is required. BUD does not focus on a...

BUD is the back end it is required. BUD does not focus on a single channel. ie Light bulbs, fridges.. etc

BUD is the end of all IoT an absolute requirement for telemetry storage.

Relative market cap? Splunk Mcap is $8Billion USD yet they just focus on aggregating log data and hence can provide analytics thats all they do.

BUD stores everything that has IoT potential.

So relative potential maybe BUD should be $30B? $40B?

Anyways early days. BUD may be taken over in due course.