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Within the AI Cluster of Toronto, Canvass is One to Watch

February 9, 2022 by Knowlton Thomas

Canada has become one of the world’s leading hubs of activity for artificial intelligence companies, ranking 4th out of 62 countries for its AI ecosystem, according to a study released late last year by digital intelligence firm MiQ Digital.

Part of this is because the Canadian government implemented the world’s first national AI strategy to the tune of a $125 million investment. Another reason for it is because our country boasts myriad AI startups stationed across several centres of expertise. Toronto in particular has an incredibly dense cluster of AI startups, according to MiQ’s report—nearly 300 and growing.

Among Toronto’s 300 is Canvass AI.

Founded in 2016, Canvass delivers artificial intelligence solutions to the industrial world. The software provider services several industrial industries, including automative, energy, and oil and mining.

“The Canvass AI platform is founded on three core pillars,” says CEO Humera Malik. “Providing the predictive insights to improve resiliency; empowering the operations workforce with AI and removing the reliance on consultants; and paving the way for environmentally sustainable operations with a scalable platform where AI can be applied across the entire facility.”

The latest offerings from Canvass address all pillars—with a boost of speed. According to Jeff Wood, director of product management for Canvass, customers have reported “a 4x increase in successfully operationalizing AI use cases and accelerating time-to-value in their plants by using these new features.”

Considering the scale and magnitude of typical industrial operations, that’s a rather impressive figure, even anecdotally. And it’s exactly the kind of tangible value Canvass aims to deliver to its industry clientele.

“Our product vision is to make AI accessible to industrial operators so that they can quickly extract value from their data, define and develop real-world use cases, and drive impact across their operations,” explains Wood.

As AI booms in Toronto and across Canada, Canvass wants to grow. To strengthen their team the company is participating in Tech Talent Canada’s next virtual job fair on February 23rd.

Looking for a cool opportunity in Canada’s artificial intelligence scene? The event is free for job seekers! Canvass is hiring for various departments including marketing, machine learning, and sales.

Filed Under: News Tagged With: Canvass

 
 
 

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