Grants and Contributions:
Title:
Developing a ML Proof of Concept for Predictive Maintenance Pricing
Agreement Number:
1020021
Agreement Value:
$100,000.00
Agreement Date:
Jul 1, 2024 - Mar 31, 2026
Description:
Scription is launching the first project in its multi-year machine learning program. This project will enable Scription to dramatically improve the speed and quality of its services that allow maintenance companies to provide subscription-based maintenance plans. By leveraging both real-time and historical data, the model aims to initially deliver quicker and more precise contract pricing with expansion of the model’s application to ultimately include additional outcomes such as self-serve price estimations. This effort not only supports Scription's innovative strategy to revolutionize the commercial and industrial maintenance industry, but also offers efficiency gains and cost reductions for both equipment owners and service providers
Organization:
National Research Council Canada
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
Location:
Edmonton, Alberta, CA T5J 0X6
Reference Number:
172-2024-2025-Q2-1020021
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
702462276
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 90 days.
Amendment Date
Feb 10, 2025
Recipient's Operating Name:
Scription Maintenance
Recipient's Legal Name:
Digitact Inc.
Federal Riding Name:
Edmonton Centre
Federal Riding Number:
48014
Program:
Industrial Research Assistance Program – Contributions to Firms
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
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
511211
Amendments: