Companies to showcase mCloud's AssetCare®
Fugitive Emissions solution, harnessing the power of Google Cloud
and Google Earth Engine to deliver a cloud solution capable of
continuously mitigating emissions by combining voice-enabled,
AI-assisted connected worker capabilities with the ability to
visualize and act on methane at every level, from sky to
flange
SAN
FRANCISCO, Feb. 1, 2023 /CNW/ - mCloud
Technologies Corp. (Nasdaq: MCLD) (TSXV: MCLD), ("mCloud" or
the "Company") a provider of cloud technology solutions optimizing
the performance, reliability, and sustainability of
energy-intensive assets today announced it will join Google Cloud
alongside other Google Cloud partners as a sponsor at the Informa
LEAP 2023 tech conference at the Riyadh Front Expo Centre in
Saudi Arabia, 6-9 February 2023.
LEAP 2023 brings together over 100,000 tech innovators and
leading experts from around the world to showcase new technologies
poised to enable a positive future.
At the conference, mCloud will showcase mCloud's AssetCare
Fugitive Emissions solution, a digital foundation built on Google
Cloud that improves the efficacy and accuracy of the industry
mandated process for fugitive Leak Detection and Repair ("LDAR").
AssetCare leverages the capabilities of Google Cloud, AI, and asset
digital twins to record and report on fugitive emissions,
empowering asset owners and operators to:
- Detect harmful methane leaks: Identify, quantify, and
track the source of fugitive methane emissions at every level –
down to specific equipment anywhere in the world.
- Correct and plan methane repairs: Prioritize,
coordinate, and manage the field actions of maintenance teams with
voice-enabled, AI-assisted connected worker capabilities to rapidly
correct fugitive leaks.
- Report and track mitigation actions: Document the
actions taken to show quantifiable emissions reductions with
verifiable data, not just estimates.
Another highlight of the AssetCare Fugitive Emissions solution
is mCloud's application of the high-resolution geospatial data
provided by Google Earth Engine to visualize and prioritize methane
emission sources in real-time with the ability to aggregate and
overlay fugitive emissions data from numerous sources
simultaneously, including data unique to Google Earth Engine and
other Google Cloud Ready – Sustainability data partners - in a
single view.
mCloud announced it had entered a strategic
partnership with Google Cloud on October 27, 2022, launching a trio of
sustainability applications built on the powerful hyperscale
foundation of Google Cloud and numerous Google Cloud services.
Combined with mCloud's unique AI-driven connected worker
capabilities powered by Google Cloud, AssetCare delivers the only
cloud solution capable of continuously mitigating methane
emissions, from visualization in the sky to direct action on the
ground at the equipment level.
"Partners like mCloud can help address the challenge of
eliminating harmful GHG emissions in the energy industry, utilizing
Google Cloud's sustainable infrastructure and capabilities like
Google Earth Engine, AI, and ML," said Amit
Zavery, VP/GM and Head of Platform, Google Cloud. "The
progress on innovative solutions from mCloud will help
organizations accelerate their sustainability efforts and mitigate
carbon and methane emissions at scale."
Russ McMeekin, mCloud President
and CEO said:
"We have made incredible progress in our journey to take the
industry's best cloud capabilities to drive the sustainability of
asset-intensive environments all around the world. There couldn't
be a better place for mCloud to have presence than the Kingdom of Saudi Arabia, where we have seen
first-hand the Kingdom's leadership in adopting new technologies to
drive methane abatement."
Additionally, to explore sustainability technologies in
Saudi Arabia, mCloud announced the
signing of a Memorandum of Understanding with Aramco on
January 25, 2022.
McMeekin added:
Since signing our MOU with Aramco and adding new capabilities to
our portfolio in the past year, mCloud has had the rare opportunity
to bring AssetCare to every corner of the Kingdom, including
endeavours to deploy sustainability solutions with Aramco and other
hydrocarbon processing companies in the Kingdom. Initial
deployments of AssetCare have translated into strategic initiatives
to deliver our fugitive emissions capabilities at scale. We look
forward to deepening the integration of our technology and pursuing
new advancements through our partnership."
About mCloud Technologies Corp.
mCloud is unlocking the untapped potential of energy-intensive
assets with cloud-based solutions that curb energy waste, maximize
energy production, eliminate harmful emissions, and get the most
out of critical energy infrastructure. Through mCloud's portfolio
of AssetCare® solutions, mCloud enables asset owners and operators
in energy- and asset-intensive industries such as oil and gas,
wind, and commercial facilities to use cloud-based digital twins,
AI, and analytics to optimize asset performance, reliability, and
sustainability. mCloud has a worldwide presence with offices in
North America, Europe, the Middle
East, and Asia-Pacific. mCloud's common shares trade
in the United States on Nasdaq and
in Canada on the TSX Venture
Exchange under the symbol MCLD. Visit mcloudcorp.com to learn
more.
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.
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SOURCE mCloud Technologies Corp.