Another U.S. Multinational Company Licenses OneBridge’s Machine Learning SaaS Solution
Edmonton, Alberta, Canada (December 8, 2020) – OneSoft Solutions Inc. (TSX-V:OSS; OTCQB:OSSIF) (the “Company” or “OneSoft”)is pleased to announce that a division of a Fortune 100 company (the “Client”) has entered into a multi-year agreement with the Company’s wholly owned subsidiary, OneBridge Solutions Inc. (“OneBridge”) to use Cognitive Integrity ManagementTM (“CIM”) software-as-a-service solution for one of its major pipelines in the U.S.A. The Client will initially use CIM to conduct integrity management on approximately 30% of the Client’s infrastructure and eventually expects to deploy CIM across its entire pipeline infrastructure.
OneBridge VP of Sales, Dan Tipton stated, “The decision to adopt CIM dovetailed with the Client’s digital transformation strategy and followed an extensive production trial wherein the Client assessed the positive business value and cost savings arising from using CIM as a key element of its integrity management program. CIM will be implemented commencing in January 2021.”
“The adoption of CIM by this Client provides further validation of the high value our solution brings to the management of pipeline operations,” added Brandon Taylor, OneSoft President and COO. “We wish to thank the entire Client team and Microsoft personnel who collaborated with our OneBridge team members to advance this production trial to a successful conclusion.”
About the Client
The Client is a division of a progressive, high profile, multi-national Fortune 100 company that trades on the New York Stock Exchange and is engaged in a multitude of markets including Oil and Gas. With more than 35,000 employees, the company conducts business in 30+ countries and generated revenues exceeding $40 billion in 2019.
OneSoft has developed software technology and products that have capability to transition legacy, on-premise licensed software applications to operate on the Microsoft [NASDAQ:MSFT] Azure Cloud Platform. Our business strategy is to seek opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. Visit www.onesoft.ca for more information.
OneSoft’s wholly owned subsidiary, OneBridge Solutions Canada Inc., develops and markets revolutionary new SaaS solutions that use advanced Data Sciences and Machine Learning to analyze big data using predictive analytics to assist Oil & Gas pipeline operators to predict pipeline failures and thereby save lives, protect the environment, reduce operational costs and address regulatory compliance requirements. Visit www.onebridgesolutions.com for more information.
For more information, please contact:
Sheena Sandhu, Marketing Director
Dwayne Kushniruk, CEO
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