RungePincockMinarco (RPM) and Schneider Electric (Australia) have signed an agreement to jointly explore business opportunities in the mining industry.
The companies will leverage existing customer and partner networks within the industry where they provide software and services.
Go deeper with GlobalData
RPM provides software solutions used in mine planning, execution, designing and scheduling. It also provides advisory and tailored solutions for mining companies and investors.
Schneider Electric provides integrated software solutions for managing mining operations.
RPM CEO and managing director Richard Mathews said: "Entering into the right strategic alliances with other truly global suppliers is a key component of RPM’s enterprise software strategy, which is all about delivering tightly integrated and innovative solutions to the mining and resources industry.
"Both RPM and Schneider operate at the top end of the mining products and services market and our respective offerings are extremely complementary, which has led to our joint customers both requesting and expecting us to work closer together for their and the collective markets’ benefit.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData"We are really excited about leveraging our joint expertise to extend the reach and integrated offering of our industry leading enterprise mine planning, execution, scheduling, simulation and financial modelling solutions and services."
Both companies have been working together since last year to deliver an integrated enterprise solution to the third largest iron ore firm.
Along with BHPB, SAP, Caterpillar and Modular Mining, the companies are contributing members of the ISA95 Process Centric Events working committee, which aims to add support for event driven architectures to ISA95.
Mathews said that without the implementation of a common messaging standard, the mining industry cannot bring together IT and OT systems, which is currently being performed by other industries.
In June, RPM signed an agreement to acquire simulation software from the US-based FlexSim Software Products.
Under the agreement, RPM acquired the right to rebrand, commercialise and further develop the simulation software code.
Image: RPM provides software solutions used in mine planning, execution, designing and scheduling. Photo: courtesy of Vichaya Kiatying-Angsulee/FreeDigitalPhotos.net.
