Podcast #57 Universal mCloud Inc

Creating a state-of-the-art technology platform is not easy. It requires investments of tremendous amounts of time and energy, with (inevitably) considerable expense. One way to expedite this development curve is through key acquisitions. A case in point is Universal mCloud Corp.

The Stockhouse audience is rapidly becoming familiar with MCLD, first in a Stockhouse news feature, and then in a full-length feature article. The center of the MCLD business model is IoT, the “Internet of Things”, touted by leading industry icons as nothing less than “the third wave of the internet”.

More specifically, the Company uses an IoT cloud-based platform to take hi-tech Asset Care™ to the next level. As our infrastructure becomes increasingly sophisticated, maintenance of such advanced (and expensive) infrastructure requires cutting-edge technology. This is MCLD’s mission.

This is a market so enormous that management has made a strategic decision to focus on three general categories of asset classes:

• HVAC (Heating, Ventilation, Air-conditioning)
• Wind turbine diagnostics
• Electrical transformer diagnostics

What these asset classes share in common are two important characteristics: requiring round-the-clock analytics and diagnostics, and performance optimization is of particular importance. These are asset classes (and client bases) that foster maximum revenues, and thus margins.

More recently, this mandate has been broadened by two strategic acquisitions. The January 4, 2018 acquisition of nGrain Inc. has already been covered in the previous news feature. On January 10, 2018; MCLD announced its second strategic acquisition: CSA Inc.

Stockhouse recently had the opportunity to chat with MCLD’s President and CEO, Russ McMeekin. The Company’s CEO is here today to explain the importance of this acquisition, and connect the dots on MCLD’s business model.

FULL DISCLOSURE: Universal mCloud Inc. is a paid client of Stockhouse Publishing.