The Artificial Intelligence (AI)-powered asset management for environment-friendly solutions mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV: MCLD) and Google will launch three applications focused on sustainability management tailored to high-energy industries.
The AI-powered asset management firm recently announced the partnership with Google Cloud to launch the apps which will use using mCloud’s AssetCare platform and Google Cloud services such as Google Earth Engine, Vision AI, Natural Language AI, Translation AI, TensorFlow among others.
The company said the partnership is timely as more nations are signing agreements aiming to lower carbon emissions and come up with more stringent emission regulations. Therefore, organizations are starting to look at new technologies to automate and streamline their emissions management and sustainability programs.
mCloud says its “Results-as-a-Service” applications can help oil and gas facilities, commercial buildings as well as wind farms. Its AI, visual analytics and 3D digital capabilities help measure and find harmful emissions.
The company says these technologies can help correct energy waste, minimize carbon and methane footprints and maximize renewable wind energy.
Under the partnership, mCloud will join the Google Partner Advantage program and both firms will co-market and deliver the applications to customers around the world.
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The apps will be focused on asset and energy-intensive operations such as oil and gas facilities, commercial and industrial services and wind farms.
Oil and gas facilities field teams will be able to detect and localize methane leaks using mobile devices with Google Cloud’s Natural Language AI. Commercial and industrial facilities will be able to access data using Google Earth Engine and other Google Cloud Ready – Sustainability data partners that measure solar intensity, weather conditions and site occupancy.
At wind farms, Google Earth data can be used with mCloud’s AI-driven image processing capabilities to optimize wind energy production, eliminate maintenance and manual work as well as automate the inspection of wind turbine blades.
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mCloud’s CEO Russ McMeekin said in a statement that the partnership will create new opportunities for curbing climate emissions.
“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,” McMeekin added.
Google Cloud head of platform Amit Zavery said they are pleased to work with mCloud to help address gas emissions in the energy industry.
“By leveraging Google Cloud and capabilities made possible with Google Earth Engine and AI/ML services, customers will be able to increase their sustainability efforts by optimizing and mitigating their carbon and methane emissions with technology and at cloud scale,” Zavery said.
mCloud stock went up by 8 per cent on Wednesday to $1.46 on the Canadian Ventures Exchange.
