Grants and Contributions:

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Title:

Extending IDS Asset OptimizerTM Software to Support Large-Scale Digital Transformation of Asset-Intensive Organizations

Agreement Number:

1011517

Agreement Value:

$450,655.00

Agreement Date:

Oct 2, 2023 - May 31, 2026

Description:

This project will extend and transform IDS Asset Optimizer software to enable large-scale enterprise deployment in asset-intensive organizations to achieve higher levels of optimized decision making, operational reliability, and infrastructure safety and efficiency through supporting “whole” lifecycle management across multiple industrial sectors.

Organization:

National Research Council Canada

Expected Results:

The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.

Location:

Regina, Saskatchewan, CA S4S 7H9

Reference Number:

172-2023-2024-Q3-1011517

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

836301135

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 92 days. The total amended value is 75,000 dollars.

Amendment Date

Jan 5, 2026

Recipient's Operating Name:

IDS

Recipient's Legal Name:

IDS Infrastructure Data Solutions, Inc.

Federal Riding Name:

Regina--Wascana

Federal Riding Number:

47009

Program:

Industrial Research Assistance Program

Program Purpose:

The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.

Coverage:

Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity.

NAICS Code:

541690

Amendments:

See Amendments