Major Client Brands Include Dairy Queen and
Great Harvest Bread
Solution Deployed at Over 250
Retail Locations Across North America
Energy
Savings of More Than 15% Achieved in a Number of
Locations
VANCOUVER, April 2, 2018 /CNW/ - Universal mCloud Corp.
(TSX-V: MCLD) ("mCloud" or the "Company"), a leading provider of
IoT-connected, asset-care technology solutions, is pleased to
report on one of its customers' feedback and savings as a result of
its AI-driven, energy optimization and performance management
program for critical HVAC asset management.
As part of its AssetCareTM offering, mCloud employs
AI not only to monitor HVAC asset health, but also to identify and
drive energy reduction in real-time while simultaneously optimizing
asset performance.
"mCloud has built a cloud-based solution which leverages AI and
analytics whereby algorithms continuously learn and adapt to
accurately represent the energy asset," stated Russel
McMeekin, President and CEO of mCloud. "Once the AI algorithm is
'trained', AssetCareTM optimizes real-time operation
while maintaining the desired comfort level, providing 24/7
vigilance and systematically identifying the smallest deviation in
asset performance."
Early adopters such as Dairy Queen and Great Harvest Bread have
reported robust results with significant energy savings as a result
of implementing AssetCareTM. The main goal is to reduce
energy costs across their asset portfolios, while enabling
automated methods to manage and optimize asset maintenance
costs.
Jim Adison, Operation Manager at
Jonmar Inc. who operates six Dairy Queen Franchise locations in
Las Vegas, noted, "mCloud
has delivered on their promise and commitment of reducing our
energy costs. We were surprisingly pleased with the insights into
our stores' HVAC operations in ways that we hadn't imagined." The
company started its implementation process in 2017 and has reported
a total energy savings of over 15%. Jonmar Inc. plans to
extend AssetCareTM to all its stores in 2018.
Dairy Queen Corporation has over 6,400 stores in more than 25
countries, 70% of which are located in the United States.
These results are in line with the patterns observed by other
mCloud clients. Once the reduction in cost is demonstrated in
one location, implementation of AssetCareTM across the
entire franchise is the next logical step.
About Universal mCloud Corp.
Universal mCloud Corp. ("mCloud") is headquartered in
Vancouver, BC with technology and
operations centers in San Francisco,
CA and Bristol, PA. mCloud
is an IoT-connected asset care cloud solution company utilizing
connected IoT devices, leading deep energy analytics, secure mobile
and 3D technologies that rally all asset stakeholders around an
Asset-Circle-of-Care™, providing complete real‐time and historical
data coupled with guidance and advice based on deep analytics and
diagnostics resulting in optimal performance and care of critical
equipment. It's all about the asset. The powerful and secure
AssetCare™ environment is accessible everywhere, 24/7
through standard mobile devices, ruggedized headsets, and web
browsers. For more information, visit www.mCloudCorp.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Universal-mCloud Corp