Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc. has announced a data consulting deal to facilitate long-term tracking of land use and natural capital changes in the Muskoka watershed in the district of Muskoka in cooperation with Dougan & Associates, with funding provided by the government of Ontario.
Muskoka is an area rich in natural capital that is vital to its economy. Effective management can sustain that capital while also permitting the development required to house its population and keep its economy going, the company said.
"Over the last few months, I have been invited to speak at various tech and government resource and planning events,” Fobi CEO Rob Anson said in a statement. “This successful RFP (Request for Proposal) award in partnership with Dougan & Associates for the District of Muskoka as subject matter experts for AI & Data consultation is very important. This project positions us well and increases our success for other similar municipal and regional government RFP opportunities."
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One of Canada’s oldest and most respected environmental consultants, Dougan & Associates has completed a long list of successful projects. As all government levels are looking to utilize new technologies, the firm believes Fobi’s capabilities provide a framework for further government contracts in the future.
"The joint bid with Fobi, and Fobi's Data and Ai capabilities definitely gave us a competitive differentiation - incorporating an AI-based approach into various data workflows is one of the reasons we won the bid,” said Steven Hill, director at Dougan & Associates.
“Working with Fobi's technical team on data integration has been amazing. Their ability to work with our domain experts to stitch together disparate data silos is impressive, and, is building tremendous value to layer in AI on top of that to enable actual utilization of the data for planning. This data framework we are building has applications not just for regional and local governments, but for other opportunities as well," he added.
The companies will jointly market the new capabilities to civic, regional and provincial governments, as well as to other target verticals currently being investigated in Canada. Specifically, Dougan required Fobi's leading abilities to pull together complicated, siloed data sets, leveraging insights using AI as a critical asset to the successful RFP award.
Contact the author at jon.hopkins@proactiveinvestors.com