AISIX Solutions and OctoAI Extend Climate Risk Data Partnership to Strengthen Canadian Real Estate Transparency
AISIX Solutions renews its climate risk data partnership with OctoAI Technologies, enhancing the Eli Report for Canadian real estate stakeholders. This supports informed decisions on wildfire, heat, and precipitation risks.
AISIX Solutions Extends Climate Risk Data Partnership with OctoAI Technologies
AISIX Solutions Inc. (TSXV: AISX) has renewed its data licensing agreement with OctoAI Technologies for another year, continuing their collaboration that started in June 2024. The partnership focuses on integrating AISIX’s proprietary climate risk data into OctoAI’s Eli Report platform, which serves the Canadian real estate market.
Under this agreement, AISIX provides detailed climate risk scores—including wildfire, heat, precipitation, and wind data—specifically for strata and condominium properties across Canada. These insights enhance the Eli Report, a key tool used by homebuyers, real estate professionals, strata councils, and insurers to make better-informed decisions based on environmental risk factors.
Maintaining Strategic Presence in Canadian Real Estate
Renewing this partnership highlights the effectiveness of the collaboration and the growing demand for climate risk data in real estate. By supplying diversified environmental risk metrics, AISIX supports OctoAI’s goal to offer transparency and actionable intelligence through its platform.
The Eli Report helps stakeholders assess potential risks to multi-family residential properties, promoting data-driven decisions that can influence buying, selling, and insurance considerations.
Supporting Climate Intelligence in Real Estate
"We’re excited to continue building on our successful collaboration with OctoAI," said Mihalis Belantis, CEO of AISIX Solutions. "The Eli Report has become a valuable tool in the real estate ecosystem, and we’re proud to support their commitment to empowering property stakeholders with climate intelligence."
The original agreement, effective June 1, 2024, established the integration of AISIX's climate risk data into Eli's automated reports. This extension ensures uninterrupted access to these critical insights as environmental factors gain importance in property evaluation.
About AISIX Solutions Inc.
AISIX Solutions Inc. delivers climate risk and data analytics aimed at providing clear, auditable wildfire risk assessments. Their solutions help businesses and communities protect assets and infrastructure by offering predictive insights into wildfire-related risks. AISIX’s focus on transparency supports resilience and sustainability amidst changing climate conditions.
About OctoAI Technologies Corp.
OctoAI Technologies Corp specializes in automated condo document review, serving Realtors, buyers, owners, and property managers. Their flagship Eli Report and Eli Condo Score widget provide valuable data to assist with budgets, capital planning, and identifying cost-saving opportunities for strata councils and property managers. By integrating climate risk data, OctoAI enhances the information available for managing multi-family residential properties.
