MCLD:CC - Shares Pop After Firm Enters Strategic Partnership with Google Cloud
The convergence of %ESG and AI has tremendous possibilities. This firm is connecting it's powerful %AI applications for energy-intensive assets with the scale of %GoogleCloud and Google Earth Engine in an effort to eliminate emissions and drive sustainable performance at facilities worldwide.
Leading AI-powered asset management provider %mCloudTechnologies (), announced in its press release that it entered into a strategic partnership with Google Cloud to launch three AI-powered sustainability applications combining the Company's AssetCare platform with the power and reach of Google Cloud and additional services such as Google Earth Engine.
As the United States, Saudi Arabia and the European Union commit to methane abatement and the implementation of more stringent emission regulations, energy-intensive organizations across the globe are seeking new technologies to automate and streamline their %EmissionsManagement and sustainability programs. These are the areas that mCloud and Google Cloud are targeting with these applications and plans are to have AssetCare available on Google Cloud Marketplace later in 2022.
Both U.S. and Canadian shares were trading up in early-morning activity.