WHAT IS ATLANTIC DIAMOND
Atlantic Diamond Repair Co. will be an incorporation registered in Canada. The Company will be offering electrical and mechanical repair and maintenance services for private and commercial buildings in Canada. The mission of the Company is to offer clients with quality repair services and products, using its innovative app, reducing costs and time. The vision of the Company is to institutionalize repair and maintenance services for mechanical and electrical equipment for buildings, with the help of artificial intelligence and Internet of Things (IoT).
The Company has successfully identified the trends and statistics of the Canadian market. This will help the business take key decisions regarding its operations. Atlantic Diamond Repair Co. has devised a comprehensive marketing plan, using all conventional and modern marketing platforms to market its services aggressively and efficiently.
Applications that provide similar services worldwide are based on calls and descriptions of services requested and explained by customers, while this application is based on calls and requests using artificial intelligence. One of the new solutions is to deliver services with the help of artificial intelligence, which has the potential to make a significant difference, particularly in the fields of business and communication convenience. The smart construction services application is a popular approach to request services or receive complete online construction services. Furthermore, with the growing usage of mobile phones, these applications (building services applications) have made life easier by reducing the time it takes to complete tasks and thereby, saving costs. Any building's mechanical or electrical installations, whether commercial, residential, or office, might experience an event or a breakdown. The user accesses the application immediately and records the breakdowns in the software himself.
Artificial intelligence and operator assistance are used to process information for technical services (mechanical, installation, and electronic) of buildings. The user either registers the event in the application or has the operator register it for them. The event site, as well as the facility plan and architecture, are all uploaded. When the request is received, the specialist shift manager dispatches the required technicians and equipment to the event site to solve the problem. Finally, after the work is completed, the price is paid and the level of job satisfaction is recorded using the application
COMPANY DISCRIPTION
Mr. Reza S. Herati has decided to take a huge step ahead and expand business operations after playing managerial and entrepreneurial roles in multiple successful business entities in Iran for over fifteen years and making them a nationally recognized brands in the country. Mr. Reza S. Herati plans to establish a corporation called Atlantic Diamond Repair Co. Atlantic Diamond Repair Co., referred to as “the Company” in this document, will offer Electrical and mechanical Repair and maintenance for facilities and buildings. The Company will also be selling regular use accessories for repair, improvement, and maintenance through its online platform.
The Unique Selling Proposition of the Company will be its new and innovative application, which will make use of Artificial Intelligence to facilitate the client in posting the repair request through the app. The unique app will offer multiple benefits including clear instructions, cost-saving, time-saving, and convenience for both the service provider (the Company) and the client. Mr. Reza S. Herati, as he has done in Iran, will continue to expand his product and service offerings in Canada. Mr. Reza S. Herati will not only sell repair accessories made in foreign countries, but will also prioritize selling products made in Canada. Not only will this provide job opportunities in Canada, but it will also establish Atlantic Diamond Repair Co. as a truly Canadian brand that Canadians will love and cherish.
CURRENT PERFORMANCE
The Electricians industry in Canada provides an essential service for the construction of new buildings in addition to homeowners and businesses in need of electrical repair or installation work. Industry operators run electrical and telecommunications wire and cabling through the internal structure of buildings. Additionally, they can be contracted for climate control, fire safety, and fibre optic cable installations.
They also perform work for large-scale industrial projects, such as factories and energy infrastructure, as well as commercial or institutional buildings, such as office buildings and hospitals. The industry's largest companies pursue these lucrative contracts, while most contractors operate on a small, local basis and rely on the housing market for business. With demand being dispersed among many downstream construction markets, IBISWorld projects industry revenue to decrease at an annualized rate of 2.6% to CAD 29.9 billion over the past five years till 2021, with an expected 9.4% growth in 2021 alone as the economy recovers from the COVID-19 (coronavirus) pandemic, as well as a hot housing market. This trend is expected to result in slight profit growth over the past five years till 2021.
The high level of volatility of commodity prices weighed on the nonresidential construction market throughout the period. However, the residential housing and construction market cushioned the fall from the nonresidential construction sector, while mortgage regulations in 2017 hindered the residential market for operators. Despite these countervailing trends, the industry experienced a low level of revenue volatility. However, the coronavirus pandemic had the dual effect of lowering nonresidential construction rate while growing residential construction rate in 2020 as a result of falling commodity prices and low interest rates, respectively. Furthermore, although the new first-time home buyer incentive may promote demand for industry services, high levels of economic uncertainty is expected to offset this growth, as nonresidential construction has suffered.
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Our address
Unit 3, No. 24
Baghiani.St, Vaziripour.St
Madar Square, Mirdamad
TEHRAN, IRAN
- +982122272530
- +989155061701
Instagram: atlantic__diamond