Grants and Contributions:
Title:
Integration of the RFID technology with AI for asset tracking and workflow optimization to realize efficiency gains.
Agreement Number:
1027875
Agreement Value:
$75,000.00
Agreement Date:
Feb 17, 2025 - Sep 30, 2025
Description:
The firm's AI-powered RFID asset tracking solution enhances real-time visibility, predictive analytics, and automation across industries. By integrating RFID with AI, the system ensures accurate tracking, optimized asset utilization, and predictive maintenance, reducing losses and improving operational efficiency. Automated inventory management and AI-driven insights streamline workflows, minimizing downtime and resource waste. With a scalable, secure, and compliance-ready architecture, this solution supports logistics, manufacturing, Healthcare, government, and enterprise asset management, driving cost savings and smarter operations.
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:
Toronto, Ontario, CA M1S 3L1
Reference Number:
172-2024-2025-Q4-1027875
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
867987000
Recipient Type:
For-profit organization
Recipient's Legal Name:
New Vision Systems Canada Inc.
Federal Riding Name:
Scarborough North
Federal Riding Number:
35096
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:
54169