BRISBANE, AUSTRALIA (January 27, 2015)
The acquisition will provide RPM with the underlying capability to structure, inventorise, manage and share geospatial data right across the mining enterprise.
Commenting on the acquisition strategy of the Group, CEO Richard Mathews said, “Our acquisition of a Mine Design product in August 2014 extended our product offering across the mining value chain. This latest acquisition is about providing greater depth to the capability of our enterprise software platform and solutions.”
The constant productivity and cost challenges facing the Mining industry is driving closer alignment between corporate ERP systems and technical mining products as miners look for better visibility, optimisation and control over their mining operations.
RPM’s enterprise mining software products address the transactional integration between the operational mining environment and the corporate systems. While this is a major step forward for the industry, it does not address the sharing of spatial data across the enterprise which changes every time an operational event occurs in the mine.
“The mining world deals in spatial information, which is changing all the time. By being able to manage, share and link both transactional and spatial data through an enterprise platform, we believe we will change the way mining companies make business decisions”.
Based in South Africa, PrimeThought software products are used in a variety of industries, including Mining, Logistics and Engineering. Under the terms of the acquisition RPM has acquired non-exclusive rights to rebrand, commercialise and exploit the Geospatial management software code and any successor products developed by RPM.