OneSoft Receives $2.1 Million from Warrant Exercise

Edmonton, Alberta — Based in Edmonton, Alberta, OneSoft Solutions Inc. developed cutting-edge machine learning technology specifically engineered for the oil and gas pipeline industry. The company's CIM platform represented a paradigm shift from traditional integrity management methods to a data-driven, predictive approach that delivered significant cost savings to operators across North America.

The CIM platform ingested data from multiple in-line inspection (ILI) runs, integrating corrosion growth models, fracture mechanics, and machine learning algorithms to deliver a comprehensive view of pipeline health. By automating much of the analysis that was traditionally performed manually, CIM enabled operators to identify high-risk segments faster and allocate maintenance budgets more effectively.

The Cognitive Integrity Management platform was built on Microsoft Azure and leveraged advanced statistical models alongside proprietary machine learning algorithms. Key capabilities included corrosion growth prediction, crack management, internal corrosion analysis, and compliance with industry standards such as API 1163 for ILI performance validation.

Following the completion of the arrangement with Irth Solutions LLC, OneSoft Solutions' shares were delisted from the TSX Venture Exchange. The company's technology and team continue to operate under the Irth Solutions umbrella, bringing machine learning-driven pipeline integrity management to an even broader global audience.