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Universal mCloud’s AI system provides smarter connections to energy assets to increase efficiencies
Universal mCloud Corp. (TSX-V: MCLD, OTCQB: MCLDF) is creating a more efficient future with the use of AI and analytics. In fact, they are curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure.
“Big banks like Bank of America, large retail operations like Starbucks and big players in the cinema space like Cineplex use our technology to connect their buildings, rooftop units in their buildings to minimize the use of energy at peak times a day”, says CEO Russ McKeekin.
mCloud uses their AI-powered AssetCare™ platform. To explain, this offers complete asset management solutions to three distinct segments: smart buildings, wind energy, and oil and gas. Further, IoT sensors bring data from connected assets into the cloud. From there, AI and analytics are applied to maximize their performance.
“On an average basis, our customers are saving about 15 to 20 percent on their energy bill”, says Chief Product Officer Barry Po.
Moreover, the mCloud family includes an ecosystem of operating subsidiaries that delivers high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare. In addition, they have over 100 blue chip customers and more than 28,000 assets connected in thousands of locations worldwide. Universal mCloud is changing the way energy assets are managed.
FULL DISCLOSURE: Universal mCloud Corp. is a client of Stockhouse Publishing.