U.S. Energy Industry Leader Adopts CIM Machine Learning Solution to Enhance Pipeline Asset Management System
EDMONTON, AB / ACCESSWIRE / September 20, 2021 / OneSoft Solutions Inc. (TSXV: OSS) (OTCQB: OSSIF) (“OneSoft”) is pleased to announce that a major US pipeline operator (the “Customer“) has entered into a multi-year agreement with OneSoft’s wholly owned subsidiary, OneBridge Solutions Inc. (“OneBridge“) to integrate cognitive integrity managementMT (“CIM“) software as a service solution in its asset and integrity management practices for its pipeline operations.
The customer is a leader in mid-level energy that transports approximately 30% of natural gas and crude oil to the United States and does business in Canada and other countries. The company’s operations span many states in the United States and include mid-way, intra-state and interstate natural gas transportation and storage facilities; crude oil; natural gas liquids and fractionation; transport of refined products; terminal assets; and interests in other oil and gas operations. The customer currently operates approximately 90,000 miles of pipelines and is actively seeking the acquisition of additional energy assets to further grow their business.
The agreement reflects an initial CIM integration plan for the customer’s pig pipelines over several years, which currently represent approximately 45% of its infrastructure, with a potential opportunity to subsequently integrate probabilistic risk, direct assessment and other new CIM feature enhancements for the majority of its pipeline assets in the future.
“We strongly believe that our CIM solution will enrich this client’s leadership role within the industry and enhance their ESG initiatives for the benefit of their stakeholders, communities and the world at large,” said Dan Tipton, vice -President of Sales of OneBridge. “Adopting CIM in their asset management program is part of their commitment to increase safety, operational efficiency and environmental protection and aligns with their digital transformation strategy to innovate using technology cutting edge in machine learning, data science and cloud computing. . “
Brandon Taylor, OneSoft President and Chief Operating Officer added, “Working through extensive production testing processes with the customer has demonstrated the high degree of expertise and commitment that his employees have contributed to the evolution and remarkable growth of the company over the past 25 years. We look forward to working with their staff in the pursuit of their business goals and continued contributions to the industry. “
About OneSoft and OneBridge
OneSoft has developed software technology and products capable of scaling existing software applications licensed on premise to run on the Microsoft Azure Cloud platform. Our business strategy is to seek opportunities to integrate data science and machine learning, business intelligence and predictive analytics to create cost-effective, subscription-based software as a service solutions. Visit www.onesoft.ca for more information.
OneSoft’s wholly-owned subsidiary, OneBridge Solutions Inc., develops and markets breakthrough new SaaS solutions that use advanced data science and machine learning to analyze big data using predictive analytics to help businesses Oil and gas pipeline operators predict pipeline failures and thereby save lives, protect the environment, reduce operating costs and meet regulatory compliance requirements. Visit www.onebridgesolutions.com for more information.
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THE SOURCE: OneSoft Solutions Inc.
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