MONTREAL, Feb. 20, 2018 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce its commitment to support the development of the "AI-powered Supply Chain Supercluster", of which it is a participant, with expertise and knowledge transfer. This is one of five superclusters selected to receive additional funding from the Ministry of Innovation, Science and Economic Development Canada's (ISED) Innovation Supercluster Initiative (ISI).
SNC-Lavalin brings investment expertise and specific capabilities to the table, including digital engineering, digital asset management, intelligent mobility, big data and predictive/prescriptive analytics, virtual and augmented realities.
"Our ultimate goal is to contribute to Canadian world leadership in intelligent and sustainable supply chains, enabled by best-in-class applied AI R&D capabilities, said Neil Bruce, President and CEO, SNC-Lavalin. We will work collaboratively on specific projects of common interest and strong value-add potential for participants in this industry-led innovation ecosystem. Our recent acquisitions of Atkins and Data Transfer Solutions (DTS) means we have enhanced capabilities in this area to bring to this collaboration for Canada."
SNC-Lavalin's participation and engagement in the supercluster will allow the organization access to partners in Artificial Intelligence, experience further digital integration of finance, design and the physical stages of asset's construction, gain efficiencies in project execution and develop long-term digital skills, benefitting both the organization and Canada.
The AI-Powered Supply Chain Supercluster has been incorporated as SCALE.AI (Supply Chains and Logistics Excellence.AI), an industry-led consortium that will shape a new global supply chain platform. It will bolster Canada's leadership in artificial intelligence (AI), and accelerate industry adoption of enabling technologies through collaborative and incremental projects. https://aisupplychain.ca/
Founded in 1911, SNC-Lavalin is a global fully integrated professional services and project management company and a major player in the ownership of infrastructure. From offices around the world, SNC-Lavalin's employees are proud to build what matters. Our teams provide comprehensive end-to-end project solutions – including capital investment, consulting, design, engineering, construction, sustaining capital and operations and maintenance – to clients in oil and gas, mining and metallurgy, infrastructure and power. On July 3, 2017, SNC-Lavalin acquired Atkins, one of the world's most respected design, engineering and project management consultancies. www.snclavalin.com
For further information: Media: Daniela Pizzuto, Director, External Communications, 514-393-8000, ext. 54772, [email protected]; Investors: Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, [email protected]