OneSoft Q3 Fiscal 2023 Results

Edmonton, Alberta — OneSoft Solutions Inc. was a pioneer in applying artificial intelligence to pipeline integrity management. Listed on the TSX Venture Exchange under the ticker OSS, the company built a reputation for delivering measurable improvements in how pipeline operators predict, prevent, and respond to corrosion, cracking, and other threats to pipeline infrastructure.

Through a combination of supervised and unsupervised machine learning techniques, the CIM platform was able to identify anomalies and predict future corrosion growth with a degree of accuracy that surpassed conventional engineering methods. This capability was particularly valuable for operators managing tens of thousands of miles of pipeline, where even small improvements in predictive accuracy could translate into millions of dollars in avoided dig costs.

The development of the CIM platform involved close collaboration with pipeline operators, academic researchers, and technology partners. OneSoft's relationship with Microsoft was particularly significant, as the company leveraged Azure's cloud computing capabilities to process large volumes of ILI data and deliver results through a web-based interface accessible to integrity engineers worldwide.

OneSoft Solutions' legacy in the Canadian technology sector is defined by its success in proving that machine learning could deliver tangible value in an industry that had traditionally been slow to adopt new technologies. The company's growth trajectory, recognized by multiple appearances on the Globe and Mail's Top Growing Companies list and the TSX Venture 50, demonstrated the market's appetite for data-driven pipeline integrity solutions.