Universal mCloud Corp. (
TSX: V.MCLD,
OTCQB: MCLDF,
Forum) is a familiar name to Stockhouse’s tech investors. MCLD has been featured in several previous Stockhouse articles,
alerting readers to its unique IoT/Saas platform, targeting global infrastructure valued in the trillions of dollars.
Dubbed “AssetCare™”, this is smart technology with a strong AI component. Not only does AssetCare™ provide real-time, 24/7 monitoring, data, and analysis on client assets, AssetCare™
learns over time, improving operational performance and efficiency.
This smart-tech platform has already attracted an impressive list of Fortune 500 and Forbes Global 2000 clients, household names like Lockheed Martin, Telus, Bank of America, McDonald’s, and many others. These are primarily Western-based giants. As Universal mCloud builds on its recurring revenue streams, an important part of the Company’s strategy is aimed at expanding its presence in China, specifically with respect to Universal mCloud’s HVAC building optimization solution.
MCLD’s first step in this strategy was announced in
April 2018,
a letter of intent (LOI) with SCN Ltd. of China. SCN is a top-20 contractor for commercial buildings in China and known for introducing innovative technology. That agreement was finalized in
August.
In that latter release, Universal mCloud also reported that SCN was deploying AssetCare™ in a department store chain in China, via an additional LOI. This contract is for shopping centers in Hunan Province, China, owned by a Japanese department store chain (Heiwado).
On
February 4, 2019; MCLD announced its next big step:
a partnership with China-based Hubei Huayan Zhidian Technology Co. Huayan is already a leader in China for the development of smart-platform technology, currently providing its services to commercial buildings, offices, hospitals, schools, and other infrastructure. The deal expands AssetCare™ into a new province in China: Hubei.
Heping Xiam the CEO of Huayan shared his thoughts on this new partnership.
"mCloud's AssetCare offering aligns with our existing solutions and expands our portfolio to create added value for our customers. We are pleased to offer mCloud's unique and differentiating product that equips us with the latest AI and mobile technology and aligns us with a progressive company."
For investors looking at the Big Picture, they can see a tech leader whose multi-dimensional (AI-supported) IoT solutions are not only being embraced in the Western world but are now winning praise -- and market share -- in China. Naturally, Costantino Lanza, Chief Growth Officer for Universal mCloud was also pleased with this latest breakthrough.
"mCloud continues to demonstrate the success of its strategic partnership model in China. We expect to achieve strong synergies with Huayan and benefit from their existing capabilities, established presence and talented team of experts. As demand for energy-efficient solutions grows across China, we look to best-in-class partners like Huayan to deliver mClouds AssetCare solution."
Globalsolutions. And the HVAC market is only one of the mega-niches that Universal mCloud is unlocking with its cutting-edge platform. AssetCare™ provides equally strong solutions for maintenance and performance optimization for both defense (military) and utilities (wind turbine) applications. These are extremely valuable assets and infrastructure for which nothing less than perfection will suffice.
(click to enlarge)
One exciting company. Numerous, large markets, ripe for penetration. With small-cap valuations having lagged the large-caps significantly in recent years, this tech leader is currently sporting
a market cap of only ~$30 million.
Universal mCloud’s AssetCare™ is methodically adding clients and market share to its recurring revenues in this IoT/SaaS business model. But for forward-looking investors, what might be most noteworthy is that this is a Company that is serving and partnering with other
leaders – in the West and the East.
mcloudcorp.com
FULL DISCLOSURE: This is a paid article of Stockhouse Publishing.