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EDMONTON, AB / ACCESSWIRE / March 9, 2021 / OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) (the “Company” or “OneSoft”) is pleased to announce that its wholly owned subsidiary, OneBridge Solutions Canada Inc. (“OneBridge”), has acquired intellectual property (“Acquired IP”) that will be integrated into its Cognitive Integrity ManagementTM (“CIM”) software-as-a-service solution, as a component of its Integrity Compliance functionality module. The Acquired IP was developed by Michael Gloven, P.E., the managing partner of Pipeline-Risk, a Denver-based engineering consultancy focused on machine learning and risk management practices for the natural gas, hazardous liquids and water industries. Mr. Gloven has more than 30 years of experience working as an asset and integrity manager, technical consultant, educator, software developer, business owner and energy company executive and is a well-known and highly respected evangelist for driving innovation for the industry. The Acquired IP includes algorithms and processes that leverage machine learning to perform data analytics associated with measuring the uncertainty of anomalies found through pipeline inspections. The analysis, often referred to as probability of exceedance (“POE”), supports the prioritization of on-going inspections and mitigations and aligns with regulatory requirements mandated by PHMSA 192 & 195 safety statutes for U.S. pipeline operations. “The integration of POE […]
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