Business Research and Development for a Technology Startup

Earthquakes are very common in Canada as more than 4000 seismic activities get recorded every year. Apart from all the seismic activities, over 1200 earthquakes get recorded in B.C. Natural Resources Canada report indicates that, there is 30% possibility that B.C. will experience a very high risk earthquake in next 50 years. Ottawa, Montreal and Quebec will also experience medium level earthquakes. Insurance companies and government will have to play an essential role in the consequences of such catastrophic event. At present, home owner or industry personnel has to consult with an experience engineer to carry out an onsite building inspection to attain the earthquake insurance. Automated risk assessment software, like the one Sasset Technology has developed, can be used to generate damage assessment report. This extensive project on the market, competition and demand analysis is required to help real-estate, construction and engineering industry. It will also improve Sasset’s unique product to serve community and different industries.

Faculty Supervisor:

Terrance Power

Student:

Partner:

Sasset Technology

Discipline:

Business

Sector:

Information and Communications Technology; Manufacturing and Construction; Environmental Science and Technology; Information and Communications Technology; Manufacturing and Construction; Environmental Science and Technology

University:

Royal Roads University

Program:

Accelerate