Intelligent Project Solutions
Intelligent Project Solutions is a Canadian AI software and services company that provides the iEng™ AI Platform for digitizing engineering drawings, documents, and workflows, serving EPC companies and owner operators in process industries via headquarters in Richmond, BC and an operations hub in Cebu, Philippines.
- Company typePrivate
- Founded2021
- HeadquartersRichmond, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Intelligent Project Solutions does
Intelligent Project Solutions (IPS) Inc. is a privately held Canadian AI software and services company, incorporated in British Columbia with headquarters in Richmond, BC, that builds and operates the iEng™ AI Digital Data Platform for engineering and document digitalization in process and manufacturing industries. The platform applies deep learning, computer vision, and natural language processing — with embedded generative AI — to convert legacy engineering artefacts (P&IDs, PFDs, datasheets, specifications, trade documents) into structured, intelligent data formats compatible with AVEVA P&ID, SmartPlant P&ID, AutoCAD Plant 3D, IBM Maximo, and SAP. The offering is delivered through three product modules: iDrawings for engineering drawing digitization, iDocuments for engineering document digitization and data standardization, and iWorkflow for cross-functional workflow automation (digital handover, procurement, digital twin population, and commissioning).
IPS sells via an enterprise SaaS subscription for the iEng™ platform complemented by professional services for project-based digitization, supported by a delivery team at a cost-efficient operations hub in Cebu, Philippines. Commercial reach combines direct enterprise field sales (Request-a-Demo motion targeting large EPC companies and owner operators) with global distribution through service and channel partners including MCM, DBM Vircon, Mitsubishi Corporation, PwC, Chiyoda, and SCG. Target segments are Oil & Gas, Chemical, Energy, Manufacturing, Pharmaceutical, and Environmental verticals, with EPC companies and owner operators as primary buyer types; named enterprise customers include PTTEP, Mitsubishi Chemical Engineering, Mitsubishi Corporation, a large Canadian utility, an Asian petroleum company, and a global chemical manufacturer, with documented outcomes of 50-80% cost and time savings and 70-80% workflow automation.
The company was founded in 2021 (firmographics list 2018; the company-history record and 2021 incorporation evidence support 2021), has 11-50 employees, and has raised a single disclosed funding round of approximately $573K. It is actively operating, with 2024-2025 activity including partnership announcements, industry event participation (HANNOVER MESSE 2025, Elevate AI), and the Canadian Clean Water Technology Trade Mission to Southeast Asia. There is no public revenue, ARR, valuation, or institutional investor disclosure in the available data.
Intelligent Project Solutions firmographics
Firmographics- Name
- Intelligent Project Solutions
- Legal name
- Intelligent Project Solutions Inc.
- Website
- https://ips-ai.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Intelligent Project Solutions is a Canadian AI software and services company that provides the iEng™ AI Platform for digitizing engineering drawings, documents, and workflows, serving EPC companies and owner operators in process industries via headquarters in Richmond, BC and an operations hub in Cebu, Philippines.
- Ownership category
- akta.pro rank
Intelligent Project Solutions industry classification
Industry- Product category
- Engineering Data Digitalization Software
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- EDA Cloud/SaaS, Design Data Management & Collaboration (HDAHAFAJ)
- akta.pro secondary industry
- Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)
Keywords
Where Intelligent Project Solutions is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Intelligent Project Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- iEng™ AI Platform SaaS: Enterprise SaaS subscription model for the iEng AI Platform providing access to iDrawings, iDocuments, and iWorkflow solutions for medium to large enterprises with engineering digitalization needs.
- Digitalization Services: Professional services applying iEng™ solutions to digitize and automate engineering drawings and documents. Services include intelligent P&ID conversion, document data management, digital asset management, engineering data services, and procurement data services.
- Customized AI Solutions: Research and development of customized AI solutions based on specific engineering and project challenges for enterprise clients.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Intelligent Project Solutions product offering
Product offeringCore offering
Intelligent Project Solutions (IPS) delivers the iEng™ AI Platform, an enterprise SaaS solution that uses deep learning, computer vision, and natural language processing to digitalize engineering drawings (P&IDs, PFDs), documents, and datasheets into structured, intelligent data for process and manufacturing industries. The platform is composed of three integrated modules — iDrawings, iDocuments, and iWorkflow — and is complemented by professional digitalization services including intelligent P&ID conversion, engineering data management, digital asset management, and procurement data services.
Product overview
Intelligent Project Solutions offers the iEng™ AI Platform as its core product, a comprehensive AI-based digital data platform for engineering and digitalization in process and manufacturing sectors. The platform is complemented by three integrated modules: iDrawings for engineering drawing digitization, iDocuments for document digitization, and iWorkflow for workflow automation. These products work together within the iEng ecosystem—the platform provides the AI foundation (deep learning, computer vision, NLP), while the individual modules deliver specific digitization and automation capabilities for P&IDs, documents, and cross-functional workflows.
Differentiator
Problem solved
Functional benefit
Brands
- iEng™: AI-based digital data platform incorporating deep learning, computer vision, and natural language processing for engineering and digitalization solutions
- iDrawings
- iDocuments
- iWorkflow
Products and services
- iEng™ AI Platform AI-based digital data platform tailored for digital transformation in process and manufacturing sectors. Incorporates deep learning, computer vision, and natural language processing to improve engineering processes and optimize data management, and serves as the foundation underlying iDrawings, iDocuments, and iWorkflow. Targets medium to large enterprises with multiple engineering standards, large volume, and long-term engineering and digitalization needs.
- iDrawings Software that digitalizes and transforms engineering drawings (P&IDs, PFDs, layouts) into data-intelligent format and facilitates creation of related engineering deliverables from non-digital sources. Supports export to AVEVA P&ID, SmartPlant P&ID (SPP&ID), and AutoCAD Plant 3D. Target users are EPC companies and owner operators in process and manufacturing industries.
- iDocuments Software that digitalizes engineering documents into structured engineering attributes and data, enabling data standardization, transformation, and consolidation into knowledge bases. Includes datasheet automation for extracting and comparing vendor and engineering datasheets. Targets engineering and operations teams in process and manufacturing enterprises.
- iWorkflow Software that integrates and contextualizes engineering data to create digital workflows, automating business processes and reducing manual tasks. Connects iDrawings and iDocuments AI outputs to automate data population for digital twins, procurement, digital handover, and engineering workflows. Targets digital transformation and operations leaders in process and manufacturing enterprises.
- Intelligent P&ID Conversion Service Professional service that applies iEng iDrawings AI to convert legacy P&IDs from PDF, DWG, and scanned formats into intelligent P&IDs (AVEVA P&ID, SmartPlant P&ID, AutoCAD Plant 3D). Delivered by IPS and global service partners with AI efficiency plus human expert validation. Targets EPC companies and owner operators in process and manufacturing industries.
- Document Data Management Service Professional service that applies iEng iDocuments AI to digitalize engineering documents into structured attributes and data, with data standardization, transformation, and consolidation into knowledge bases. Delivered by IPS and global service partners. Targets engineering, operations, and document management teams in process and manufacturing enterprises.
- Digital Asset Management Service Professional service that applies iEng AI to extract asset tags and design attributes from engineering documents and populate them into enterprise asset management systems such as IBM Maximo and SAP. Targets owner operators in oil and gas, chemical, energy, manufacturing, pharmaceutical, and environmental industries.
- Engineering Data Service Professional service for engineering data migration, transformation, and maintenance leveraging iEng AI, supporting digital twin data integration, digital handover, and engineering data workflows. Delivered by IPS and global service partners with AI efficiency plus human expert validation. Targets EPC companies and owner operators in process and manufacturing industries.
- Procurement Data Service Professional service applying iEng iWorkflow Procurement AI to streamline procurement document processing, vendor datasheet validation, and trade document management. Delivered by IPS and global service partners. Targets procurement and supply chain teams in process and manufacturing enterprises.
Quantifiable outcome
- 2-100X productivity gains with AI technology
- +8 more outcomes
Companies that use Intelligent Project Solutions
Customer profileNamed customers6 records
Segments8 records
Ideal customer profiles2 records
Intelligent Project Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability7 records
Feature7 records
Intelligent Project Solutions partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, strategic and minor.
- Mitsubishi CorporationcoreDeep collaboration with Mitsubishi including multiple engagements: Mitsubishi Chemical Engineering for iDrawings P&ID AVEVA solution on renewable energy projects; Mitsubishi Corporation partnership for iWorkflow Procurement AI solution reducing trade document processing by 50%. IPS team in Cebu supports deployment and model configuration for Mitsubishi projects.
- MCMcoreGlobal collaboration to accelerate digital transformation in industrial operations. MCM promotes and sells IPS' iEng AI digital solutions and services through its global channels, expanding IPS market reach.
- DBM VirconstrategicStrategic partnership with DBM Vircon, a global leader in digital engineering, construction modeling, and asset performance solutions. Collaboration focused on digital engineering and asset performance solutions.
- PwCminorListed as partner in Our Partners section on website.
- ChiyodaminorListed as partner in Our Partners section on website.
- SCGminorListed as partner in Our Partners section on website.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Intelligent Project Solutions competitors and assessment
Company assessmentBroad incumbents
- AVEVA: AVEVA is a global leader in industrial software including AVEVA P&ID and E3D, the same tools IPS integrates into. While AVEVA is a broad industrial-software platform, its P&ID and engineering-document ecosystem overlaps directly with IPS' iDrawings and iEng platform, making it both a partner and an indirect competitor.
- Hexagon PPM (SmartPlant): Hexagon's SmartPlant P&ID and SmartPlant Instrumentation are core platforms IPS converts data into. Hexagon offers its own digital-engineering and asset-performance suites that compete with IPS' document digitization and workflow automation in EPC and owner-operator accounts.
- Bentley Systems: Bentley provides OpenUtilities and PlantSight digital-twin platforms serving the same owner-operator and EPC customers as IPS. Its iModelHub and engineering content management compete conceptually with IPS' iDocuments and iWorkflow capabilities for engineering data lifecycle management.
- Yokogawa Electric: Yokogawa provides industrial automation, control systems, and asset management software widely used in oil & gas, chemical, and energy plants. Its engineering tools and process-industry expertise overlap with IPS' EPC and owner-operator focus, particularly in Japan and Southeast Asia where IPS has presence.
- OpenText (Engineering Content Management): OpenText's content and engineering information management products (Documentum, InfoArchive) compete with IPS' iDocuments for document digitalization and knowledge base consolidation in process-industry environments.
Direct peers
- Cognite: Cognite offers an industrial DataOps / AI platform (Cognite Data Fusion) that ingests engineering, maintenance, and operational data into industrial data models, very similar to iEng's digital-twin population and asset enrichment use cases for asset-heavy customers like the Canadian utility referenced in IPS' wins.
- C3.ai: C3.ai provides enterprise AI applications targeted at process industries (oil & gas, manufacturing, chemicals), with a model-driven platform for industrial data, asset performance, and reliability use cases that closely parallel IPS' manufacturing and process-industry AI applications.
Emerging players
- Uptake: Uptake builds AI-driven industrial asset performance and digital-twin solutions for operators in similar verticals (oil & gas, manufacturing, energy). Its focus on predictive operations and asset intelligence overlaps with IPS' digital twin and asset management workflows.
- Databricks: Databricks' data lakehouse platform underpins many industrial AI deployments and competes as an enabling layer for the same engineering-data and digital-twin workflows IPS addresses, particularly for large enterprises building their own data platforms.
- SparkCognition: SparkCognition applies AI to industrial use cases including asset performance and document intelligence, overlapping with IPS' vision of combining AI-driven engineering data extraction with industrial workflow automation for similar customer profiles.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Intelligent Project Solutions social profiles
Digital presenceIntelligent Project Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Intelligent Project Solutions leadership team
Management profileNumber of profiles
Intelligent Project Solutions funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Intelligent Project Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Intelligent Project Solutions
What does Intelligent Project Solutions do?
Intelligent Project Solutions (IPS) delivers the iEng™ AI Platform, an enterprise SaaS solution that uses deep learning, computer vision, and natural language processing to digitalize engineering drawings (P&IDs, PFDs), documents, and datasheets into structured, intelligent data for process and manufacturing industries. The platform is composed of three integrated modules — iDrawings, iDocuments, and iWorkflow — and is complemented by professional digitalization services including intelligent P&ID conversion, engineering data management, digital asset management, and procurement data services.
Is Intelligent Project Solutions a public or private company?
Intelligent Project Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Intelligent Project Solutions founded?
Intelligent Project Solutions was founded in 2021. It employs 11 to 50 people.
Where is Intelligent Project Solutions based?
Intelligent Project Solutions is headquartered in Richmond, Canada, in the North America region.
How does Intelligent Project Solutions make money?
Three revenue lines are on record. iEng™ AI Platform SaaS are the primary driver. The others are digitalization Services and customized AI Solutions.
Who are Intelligent Project Solutions's main competitors?
Broad incumbents on record are AVEVA, Hexagon PPM (SmartPlant), Bentley Systems, Yokogawa Electric and OpenText (Engineering Content Management). Direct peers are Cognite and C3.ai. Emerging players are Uptake, Databricks and SparkCognition.
Does Intelligent Project Solutions have an API?
No public API is recorded for Intelligent Project Solutions.
What industry is Intelligent Project Solutions in?
Intelligent Project Solutions's product category is Engineering Data Digitalization Software. Its primary akta.pro industry code is HDAHAFAJ, EDA Cloud/SaaS, Design Data Management & Collaboration, with a secondary code of HDAEAHAC, Intelligent Document Processing (IDP) & OCR Automation. Its NAICS code is 541511 and its SIC code is 7371.