IPS has entered a final agreement with Chiyoda Corporation in Japan

Intelligent Project Solutions has entered a final agreement with Chiyoda Corporation in Japan to codevelop an AI based engineering solution for P&ID update automation. This agreement is supported through an agreement between Canadian Government NRC IRAP (National Research Council of Canada Industrial Research Assistance Program) and Mitsubishi Corporation to promote the Canadian innovation with large global companies. The project aims to significantly reduce manual work in engineering designs, updates and drafting efforts, and therefore, to improve the efficiency and productivity in capital engineering work process. This is a part of IPS’s roadmap to transfer engineering with AI technology, and also a step to help Chiyoda to be innovation leader in engineering for delivering more cost-efficient engineering service.
Chiyoda Corporation is the world leading engineering and construction integration company, and the largest Japanese international EPC company in oil gas and energy industry. Headquartered in Yokohama, Japan, with 21 locations and projects in over 60 countries, Chiyoda executed over 40% of LNG projects globally. More information about the Chiyoda, you can find at https://www.chiyodacorp.com/en/about/profile

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