Intelligent Project Solutions
Intelligent Project Solutions provides AI-driven engineering and digital transformation solutions for industries such as oil, gas, and chemicals, offering products like iENG, iDrawings, iDocuments, and iWorkflow to enhance productivity and efficiency.
Overview of Intelligent Project Solutions
Intelligent Project Solutions specializes in providing AI solutions tailored for engineering and digital transformation. The company's primary focus areas include the oil, gas, and chemical industries, as well as other process industries. Its suite of products aims to digitalize and automate the management of engineering drawings and documents, significantly enhancing productivity and efficiency.
AI-Driven Engineering Solutions
Intelligent Project Solutions offers a range of AI-driven products designed to transform engineering processes. Key products include iENG, an engineering data platform, iDrawings for managing engineering drawings, iDocuments for document digitalization, and iWorkflow for automating workflows. These tools collectively aim to deliver services 2X-10X faster by leveraging advanced AI technology.
Global Market Engagement
Intelligent Project Solutions participates actively in global markets. The company has showcased its AI solutions at international events, including AI Korea 2021 and AISUM Japan. It has also entered strategic partnerships to expand its reach, such as its agreement with Chiyoda Corporation for co-developing AI-based engineering solutions. Additionally, the company has been selected for the Canadian Technology Accelerator program in Japan, which aids its market development in Asia.
Funding and Strategic Growth
In April 2023, Intelligent Project Solutions secured funding from the Business Development Bank of Canada. This funding supports the company's growth and development initiatives. Moreover, Intelligent Project Solutions is undertaking a pilot project in India, focusing on datasheet digitalization with one of the country's largest energy companies, to further enhance its service offerings and market presence.
Strategic Partnerships and Collaborations
Intelligent Project Solutions has established strategic agreements with several companies to co-develop innovative AI-based engineering solutions. Notably, its partnership with Chiyoda Corporation in Japan aims to enhance the capabilities and reach of both companies. Such collaborations are integral to the company’s strategy to integrate advanced AI technologies into traditional engineering processes.