MarineTalk Awarded $2.1 Million For Innovative Engineering Support

Wednesday, September 05, 2001
MarineTalk Ltd. has been awarded the largest funding ever granted by CANARIE. This $2.1 million funding will be of major assistance in the development of a unique engineering and procurement support software, positioning MarineTalk at the forefront of advanced business application providers.

MarineTalk is developing a sophisticated expert system and knowledge modeling software to improve business processes in the marine and other vertical markets.

Known as the Sourcing Management and Requisition Tool (SMaRT), the product will be made available using the Internet as the delivery network. This unique solution addresses engineering functions and facilitates rapid generation of well-defined and accurate technical specifications essential for the procurement and integration of complex systems and equipment.

SMaRT has the capability to revolutionize and streamline the acquisition process. Its unique expert system operates with an extensive knowledge database that includes engineering expertise and describes typical marine subsystems and equipment.

SMaRT will be offered to users as a stand-alone application, in conjunction with enterprise software management systems.

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