Contribution: Industrial Research Assistance Program – Contributions to Firms
Fiix Inc.
$450,000.00
Fiix maintenance platform enabled by Artificial Intelligence
EF 2020-21 · 2020-06-08
Résumé
Fiix is working on a maintenance software platform that is using artificial intelligence to improve the overall operations of maintenance departments in asset intensive industries. This project will deliver on three important use cases that optimizes the performance of parts, labour and assets – the key elements of a maintenance department. More specifically we will 1) predict the number of parts that a maintenance department needs to reduce stock outs or working capital tied up in inventory and 2) assign algorithmic risk scores to maintenance work orders to help maintenance managers identify which work orders will lead to above normal costs or asset downtime and
Please see full proposal in attachment for rest of answer.
Ministère
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Toronto|Toronto, Ontario, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
801909813
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Agreement End Date
2021-04-30
Agreement Number
953298
Agreement Start Date
2020-06-08
Agreement Title
Fiix maintenance platform enabled by Artificial Intelligence
Agreement Title (French)
Plate-forme de maintenance Fiix activée par l'intelligence artificielle
Agreement Type
Contribution
Agreement Value
$450,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Fiix is working on a maintenance software platform that is using artificial intelligence to improve the overall operations of maintenance departments in asset intensive industries. This project will deliver on three important use cases that optimizes the performance of parts, labour and assets – the key elements of a maintenance department. More specifically we will 1) predict the number of parts that a maintenance department needs to reduce stock outs or working capital tied up in inventory and 2) assign algorithmic risk scores to maintenance work orders to help maintenance managers identify which work orders will lead to above normal costs or asset downtime and
Please see full proposal in attachment for rest of answer.
Description (French)
Fiix travaille sur une plateforme logicielle de maintenance qui utilise l'intelligence artificielle pour améliorer l'ensemble des opérations des services de maintenance dans les industries à forte intensité d'actifs. Ce projet permettra de réaliser trois cas d'utilisation importants qui optimisent les performances des pièces, de la main-d'œuvre et des actifs - les éléments clés d'un service de maintenance. Plus précisément, nous pourrons, d'une part, prévoir le nombre de pièces dont un service de maintenance a besoin pour réduire les ruptures de stock ou le fonds de roulement lié à l'inventaire, et d'autre part, attribuer des cotes de risque algorithmiques aux ordres de travail de maintenance pour aider les responsables de la maintenance à déterminer quels ordres de travail entraîneront des coûts supérieurs à la normale ou des temps d'arrêt des actifs. Veuillez consulter la proposition complète en annexe pour le reste de la réponse.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Parkdale--High Park
Federal Riding (French)
Parkdale--High Park
Federal Riding Number
35081
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
801909813
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Fiix Inc.
Recipient Operating Name
Fiix Software
Recipient Postal Code
M6R 2J5
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2020-2021-Q2-953298
