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Universal mCloud appoints industrial software veteran as president of AssetCare Connect business

We will be working very closely with each of our IoT partners to ensure all connected assets are performing optimally," said Abe Shasha, the president of AssetCare Connect

Internet of Things
AssetCare Connect represents mCloud's largest growth initiative in North America

Internet of Things and cloud solutions provider Universal mCloud Corp (CVE:MCLD) said Abe Shasha will assume the position of president of its AssetCare Connect business.

Shasha will be responsible for all embedded Internet of Things (IoT) partnerships, including Telus, and the recently announced hook-up with Cypress Envirosystems, as well as all IoT financing initiatives.

READ Universal mCloud partners with Silicon Valley's Cypress Envirosystems to grow smart-building monitoring market in Canada

AssetCare Connect represents mCloud's largest growth initiative in North America with numerous corporate clients having assets connected to mCloud's real-time data platform.

Shasha was previously a team leader at the Honeywell Advanced Software Group, an executive at Aspen Technologies, a leader in Advanced Industrial Software and, more recently, a key member of Industrial Knowledge, which is now an operating business unit of Yokogawa Electric.

"AssetCare Connect represents the alignment of all the key initiatives we have been working hard to build and launch since going public in Canada in late 2017," said Russel McMeekin, president and chief executive officer of mCloud.

"Abe brings over two decades of proven and disciplined experience in the complex industrial energy asset software market,” he added.


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Price: 3.08 CAD

Market: TSX-V
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