Contribution: Industrial Research Assistance Program – Contributions to Firms
Symboticware Incorporated
$500,000.00
ML/AI Subscription Service: Data Storage and Preprocessing Layer
EF 2022-23 · 2022-06-01
Résumé
With 13 years of experience in the industry, Symboticware has identified an opportunity to create a $350B annual value for the resource industry. A part of this value can be captured by our newly developed software, 4-Sight.ai. However, a large part of the value will be driven by Artificial Intelligence and Machine Learning.
This has been validated by the market in the form of 5 new deals that we've signed/are in process of signing with large players for 4-Sight.ai. They all like what they see on the existing 4-Sight.ai, but are asking for AI/ML-based solutions to improve the productivity, reliability, efficiency, and carbon effectiveness of their fleet. We've already identified use-cases and algorithms in collaboration with customers.
Ministère
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Sudbury|Sudbury, Ontario, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
866353303
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Modifications
Chaque version de l'entente telle que publiée, de la plus ancienne à la plus récente, avec son total à cette version. Le montant ci-dessus est le plus récent.
| Modification | Date | Exercice financier | Total |
|---|---|---|---|
| 0 | 2022-06-01 | 2022-23 | $250,000.00 |
| 1 | 2022-06-01 | 2022-23 | $250,000.00 |
| 2 | 2022-06-01 | 2022-23 | $500,000.00 |
Tel que publié
Additional Information
This agreement has been amended 1 time(s). The total amended value is 250,000 dollars. Nickel Belt 35069
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 250 000 dollars. Nickel Belt 35069
Agreement End Date
2023-03-24
Agreement Number
990118
Agreement Start Date
2022-06-01
Agreement Title
ML/AI Subscription Service: Data Storage and Preprocessing Layer
Agreement Title (French)
Service d'abonnement AA/IA : Couche de stockage et de prétraitement des données
Agreement Type
Contribution
Agreement Value
$500,000.00
Amendment Date
2022-10-26
Amendment Number
2
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
With 13 years of experience in the industry, Symboticware has identified an opportunity to create a $350B annual value for the resource industry. A part of this value can be captured by our newly developed software, 4-Sight.ai. However, a large part of the value will be driven by Artificial Intelligence and Machine Learning.
This has been validated by the market in the form of 5 new deals that we've signed/are in process of signing with large players for 4-Sight.ai. They all like what they see on the existing 4-Sight.ai, but are asking for AI/ML-based solutions to improve the productivity, reliability, efficiency, and carbon effectiveness of their fleet. We've already identified use-cases and algorithms in collaboration with customers.
Description (French)
Avec 13 ans d'expérience dans l'industrie, Symboticware a cerné la possibilité de créer une valeur annuelle de 350 milliards de dollars pour l'industrie des ressources. Une partie de cette valeur peut être capturée par notre logiciel récemment développé, 4-Sight.ai. Cependant, une grande partie de cette valeur sera générée par l'intelligence artificielle et l'apprentissage automatique. Cela a été validé par le marché sous la forme de 5 nouveaux contrats que nous avons signés ou sommes en train de signer avec de grands acteurs pour 4-Sight.ai. Ils aiment tous ce qu'ils voient sur le 4-Sight.ai existant, mais demandent des solutions basées sur l'IA/AA pour améliorer la productivité, la fiabilité, l'efficacité et l'efficacité carbone de leur flotte. Nous avons déjà identifié des cas d'utilisation et des algorithmes en collaboration avec les clients.
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
Sudbury
Federal Riding (French)
Sudbury
Federal Riding Number
35103
NAICS Code
33632
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
866353303
Recipient City
Sudbury|Sudbury
Recipient Country
CA
Recipient Legal Name
Symboticware Incorporated
Recipient Postal Code
P3A 4R7
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2022-2023-Q1-990118
