mCloud Technologies to join Google Cloud as a sponsor at the Informa LEAP 2023 tech conference

mCloud Technologies to join Google Cloud as a sponsor at the Informa LEAP 2023 tech conference

mCloud Technologies to join Google Cloud as a sponsor at the Informa LEAP 2023 tech conference

mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV: MCLD), (“mCloud” or the “Company”), a provider of cloud technology solutions designed to optimize the performance, reliability and sustainability of energy-intensive assets, today announced that it will join Google Cloud along with other Google Cloud partners as a sponsor at the Informa LEAP 2023 tech conference at the Riyadh Front Expo Center in Saudi Arabia, February 6-9, 2023.

LEAP 2023 brings together over 100,000 technical innovators and leading experts from around the world to showcase emerging technologies poised to enable a bright future.

At the conference, mCloud will showcase mCloud’s AssetCare Fugitive Emissions solution, a digital foundation built on top of Google Cloud that improves the effectiveness and accuracy of the industry-mandated fugitive leak detection and repair (“LDAR”) process. AssetCare leverages the capabilities of Google Cloud, AI and asset digital twins to record and report fugitive emissions, enabling asset owners and operators to:

Detect Harmful Methane Leaks: Identify, quantify and trace the source of fugitive methane emissions at all levels – down to specific devices anywhere in the world.

Correct and schedule methane repairs: Prioritize, coordinate, and manage maintenance teams’ field actions with voice-enabled, AI-assisted skills of connected workers to quickly fix ephemeral leaks.

Report and Track Mitigation Actions: Document actions taken to demonstrate quantifiable emissions reductions with verifiable data, not just estimates.
Another highlight of AssetCare’s 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 fugitive emissions data from multiple sources simultaneously and Overlay including data unique to Google Earth Engine and other Google Cloud Ready sustainability data partners in a single view.

mCloud announced that it formed 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 offers the only cloud solution capable of continuously mitigating methane emissions, from visualization in the sky to direct Measures on the ground at device level.

“Partners like mCloud can help address the challenge of eliminating harmful greenhouse gas emissions in the energy industry by leveraging 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. “Advancing innovative solutions from mCloud will help organizations accelerate their sustainability efforts and mitigate carbon and methane emissions at scale.”

Russ McMeekin, President and CEO of mCloud said:

“We’ve made incredible strides in our journey of leveraging the industry’s best cloud capabilities to drive the sustainability of asset-intensive environments around the world. There could be no better place for mCloud to be present than in the Kingdom of Saudi Arabia, where we have seen firsthand the Kingdom’s leadership in adopting new technologies to advance methane mitigation.”

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