Its hard to gauge competition as IOT is in its infancy and nascent at this stage with a multi trillion dollar potential.
Hence BUD is in the right sector, more importantly it is the backing of their very well credentialled board.
One key differentiator is also Microsoft being a major supporter and backer which hopefully allows BUD to exponentially grow and mature into this IoT potential.
But thats the story we can discuss over the coming months.
POK Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held