Announces launch of AssetCare™ buildings capability using new AI to drive continuous
savings through direct connection with the energy grid in partnership with energy utilities
Through AssetCare, mCloud offers a subscription-based solution enabling customers to automatically respond to utility requests to reduce energy consumption at peak times, an energy savings tactic called "peak demand reduction," aimed at reducing concurrent load on a local utility grid when demand for electricity and the cost of energy are at their highest. Any utility supporting the industry-standard OpenADR protocol for grid interactivity is directly supported by AssetCare. The
Conventional solutions for connecting buildings to the grid required extensive manual labour, meaning very few buildings have found such implementations attractive, hampering widespread adoption. mCloud uniquely addresses this problem through the use of AssetCare's AI and edge connectivity to the cloud, which dramatically simplifies and automates the deployment and ongoing response to grid signals for load management. AssetCare's visual analytics capabilities add an enterprise layer enabling utility partners to continuously track peak demand reductions at the sub-asset level. Likewise, AssetCare customers can track their energy savings and reductions in their
"The vision of making every commercial building grid-interactive is now a reality with AssetCare," said Dr.
"When combined with our fully automated indoor air quality optimization capabilities, mCloud offers customers a unique, single solution that simultaneously makes indoor environments safe, sustainable, and remarkably energy efficient," O'Neill added.
As announced on
This grid-adaptive energy savings capability is available today for any current or new AssetCare buildings customer with a participating energy utility. For more information, visit the mCloud Web site at https://www.mcloudcorp.com/HVAC-and-indoor-air-quality.
mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
mCloud's common shares trade on the
© Canada Newswire, source