mCloud Technologies Corp., earlier known as Universal mCloud Corp., is a software technology company that delivers asset management solutions to the heavy material sector, commercial buildings, energy sector, including oil and gas, and wind, healthcare, and foodservice industries. mCloud Technologies trades on the TSX Venture Exchange under MCLD. The industrial software company also trades on the OTCQB market with MCLDF.
The Vancouver-based firm has developed a unified platform – AssetCare that utilizes a combination of the Internet of Things, cloud computing, artificial intelligence, and analytics to monitor and control industrial assets and take remedial actions, if required. The artificial intelligence-based asset management platform allows companies to monitor and maintain control systems, artificial lifts, and heat exchangers.
Additionally, AssetCare by mCloud enables corporations to avoid unplanned downtime, improve capital spending decisions and allows real-time monitoring round the clock. mCloud Technologies offers management solutions for energy-focused assets, including control systems, HVAC and indoor air quality, and wind turbines to maximize energy production, handle energy waste and exploit the potential of critical energy infrastructure.
The industrial technology company offers fully integrated industrial automation solutions and engineering services to assist industries. The company also provides mobile capabilities to monitor and manage onshore facility operations and critical assets remotely through:
• 3D Digital Twins
• AssetCare Mobile
mCloud Technologies markets and sells hardware tech products, software licenses and subscription services to generate revenue. The company has business operations in the markets of North America that include the United States and Canada. Currently, mCloud Technologies Corp. has more than a hundred blue-chip clients with over 62,000 assets connected across the globe.