Alberta company develops first of its kind technology in Canada to predict crisis before it hits.

From SAM (Social Asset Management)

SAM, a startup company based in Edmonton leads the way globally with first of its kind technology to predict patterns and crisis before it becomes unmanageable. Many early warnings of COVID-19 were missed due to out-dated monitoring. This provides a tool to predict and plan.

SAM taps into real-time data sources in social media and uses AI to dissect and identify disruption trends hours ahead of traditional alerting systems.

James Neufeld, founder and CEO of SAM, said, “Our system scans billions of pieces of content on platforms such as Twitter and emergency feeds to discover correlations. We’ve built an AI engine that can identify an event in one part of the world and decipher if it is unfolding as an emergency, such as a school lockdown or an outbreak, earlier than anyone else. That information is extremely valuable to devise a strategic response in a crisis. We think this is a ground-breaking development in AI that helps move society forward.”

Recent investment from venture capitalists, of 3.6 million dollars has positioned SAM at the forefront, ahead of lagging technology, during this unprecedented health crisis of Covid-19.

“The pandemic proved there’s an incredible need to decipher world events and potential hazards sooner,” said Brian Craig, founding partner of Calgary-based Adventure Capital leading the investment round. “The SAM platform can help predict a crisis earlier allowing organizations to react more quickly.”

SAM’s technology creates situational awareness to ensure decisions are made quickly and can be applied to a variety of settings, including, education, travel and with first responders.

ABOUT SAM

SAM was founded in Edmonton in 2013 and has been growing rapidly after launching its global disruption monitoring platform. The startup now works with large enterprises, emergency responders, and NGOs across the world that all depend on the delivery of real- time, accurate crisis data. As SAM continues to grow, they are working with users across the globe on more ways AI can detect potential problems or hazards—to benefit human safety, business, and community.

Related Topics:SAM Social Asset Management

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Official statement from Premier Danielle Smith and Energy Minister Brian Jean on the start-up of the Trans Mountain Pipeline

Published on May 1, 2024

Government of Alberta

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We are excited that Canada’s biggest and newest oil pipeline in more than a decade, can now bring oil from Edmonton to tide water in B.C. This will allow us to get our energy resources to Pacific markets, including Washington State and California, and Asian markets like Japan, South Korea, China, and India. Alberta now has new energy customers and tankers with Alberta oil will be unloading in China and India in the next few months.

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Our province wants to congratulate the Trans Mountain Corporation for its tenacity to have completed this long awaited and much needed energy infrastructure, and to thank the more than 30,000 dedicated, skilled workers whose efforts made this extraordinary project a reality. The province also wants to thank the Federal Government for seeing this project through. This is a great example of an area where the provincial and federal government can cooperate and work together for the benefit of Albertans and all Canadians.

Alberta

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