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mCloud (TSXV:MCLD) partners with Google to launch sustainability apps

Environment, Market News, Technology
TSXV:MCLD
27 October 2022 13:15 (EDT)

Source: mCloud.

mCloud (MCLD) is partnering with Google Cloud to launch three AI-powered sustainability apps.

The apps use AI, visual analytics and 3D digital twin capabilities to measure, locate and minimize carbon and methane footprints and eliminate energy waste.

These features will be enhanced by leveraging Google services such as Earth Engine, Vision AI, Natural Language AI, Translation AI and TensorFlow.

The parties plan to jointly co-market and deliver the apps to customers worldwide with an emphasis on wind farms, the oil and gas industry, and commercial and industrial facilities.

As a result of the partnership, mCloud will also join the Google Partner Advantage program.

Go-to-market activities are already underway, with mCloud’s AssetCare platform slated to be available on Google Cloud Marketplace later this year.

“The direct collaboration between one of the industry’s most innovative clouds and its AI capabilities, and mCloud’s AssetCare, creates substantial new operating efficiencies,” stated Russ McMeekin, mCloud’s President and CEO. “This means our new sustainability applications will be able to: precisely localize and target harmful emissions at the equipment level, use AI with live wind and solar data to maximize the utility of renewable energy sources, and automatically optimize the emissions footprint of assets everywhere through cloud-based capabilities.”

mCloud Technologies unlocks the potential of energy-intensive assets through AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure.

mCloud (MCLD) is up by 32.80 per cent, trading at $1.66 per share as of 12:48 pm EST.


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