VANCOUVER, Oct. 1, 2019 /CNW/ - Universal mCloud
Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the
"Company"), a leading provider of asset management solutions
combining IoT, cloud computing, artificial intelligence ("AI") and
analytics, today announced the launch of a new AssetCare™️ solution
under the banner of the "3D Digital Twin." This solution enables
mCloud to take advantage of high-precision 3D laser scanners to
create digital replicas of facilities along with a suite of
capabilities designed to use these 3D models to streamline field
work, minimize facility downtime, and eliminate unnecessary field
visits.
Developed with mCloud's customers for process industries such as
oil and gas, petrochemical, and pipelines in mind, AssetCare's 3D
Digital Twin is now enabling a "connected facility" where all teams
can rely on a single 3D model for the operation, maintenance, and
care of a site. The resulting 3D scans created in deployment are
virtual replicas of a facility, with every physical aspect of a
site captured in perfect detail.
Through AssetCare:
- An entire facility can be examined on demand through a 3D
"virtual walk-down," which reduces the need to deploy teams to the
field to carry out visual site inspections, especially valuable for
sites at remote locations that may be difficult or expensive to
visit.
- Teams can accurately document the current state of a facility
on day one and easily keep this documentation up-to-date as
conditions change.
- Precise 3D measurements down to a fraction of an inch can be
made to prepare and plan for Management of Change ("MOC")
operations before activities begin on-site, enabling teams to get
straight to work and minimize the amount of time usually needed to
conduct site surveys.
- Critical performance and operational data can be linked in 3D
to every asset in a facility model unlimited in size, providing
teams with a convenient visual interface to monitor the health and
performance of all process assets in a single view.
- Operations and maintenance teams can access 3D data anywhere
and anytime via AssetCare Mobile on the hands-free RealWear HMT-1
and HMT-1Z1, as well as apps for the desktop, tablets, and
smartphones.
The Company expects the adoption of this new capability will be
swift. Alongside this launch, the Company announced it is already
in the process of onboarding its first 3D Digital Twin customer in
Alberta, Canada, with other
customer engagements in the works. Current AssetCare customers,
including mCloud's first oil and gas customers originally announced
on July 22, 2019, are seeing up to
300% improvements in their maintenance response times through their
initial connectivity to AssetCare – with further potential value to
come from these new 3D Digital Twin capabilities.
"AssetCare's new 3D Digital Twin solution enables teams that
manage oil and gas facilities to get access to reliable,
trustworthy 3D data about their sites," said Dr. Barry Po, mCloud's Chief Product Officer. "With
3D, these teams can take work practices that used to take weeks or
days down to hours or minutes."
As announced on September 10,
2019, mCloud is aiming to connect over 150,000 oil and gas
assets in the next five years. The 3D Digital Twin solution is
positioned to play a key role in AssetCare's rapid adoption.
mCloud's 3D Digital Twin solution is available today, and
interested customers are encouraged to get in touch with mCloud at
www.mcloudcorp.com to learn more.
About Universal mCloud Corp.
Universal mCloud is creating a more efficient future with the
use of AI and analytics, curbing energy waste, maximizing energy
production, and getting the most out of critical energy
infrastructure. Through mCloud's AI-powered AssetCare™ platform,
mCloud offers complete asset management solutions to three distinct
segments: smart facilities, power generation, and process
industries including oil and gas. IoT sensors bring data from
connected assets into the cloud, where AI and analytics are applied
to maximize their performance. Headquartered in Vancouver, Canada with offices in locations
worldwide including Calgary,
San Francisco, and Beijing, the mCloud family includes an
ecosystem of operating subsidiaries that deliver high-performance
IoT, AI, 3D, and mobile capabilities to customers, all integrated
into AssetCare. With over 100 blue-chip customers and more than
35,000 assets connected in thousands of locations worldwide, mCloud
is changing the way energy assets are managed. For more
information, visit www.mcloudcorp.com.
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SOURCE Universal-mCloud Corp