Software developer Seequent has announced the launch of a new central ‘single source’ management system for complex geological data to unlock higher value for mining and minerals, civil engineering, environmental and geothermal energy industries.
Central 2.0 is an advanced central management platform for an organisation’s entire geological modelling activity that connects geology teams and company executives to insights and data not previously available to improve geological risk management.
Central was developed for use with Seequent’s Leapfrog 3D geological modelling software as part of the company’s collaborative industry development process to better meet future needs in the mining and minerals, civil engineering, environmental and geothermal energy industries.
“The critical importance of managing geological risk has been demonstrated by many recent high profile project failures,” said Seequent CEO Shaun Maloney. “We’re laser focused on helping companies to get on the front foot to manage their geological risks – by effectively communicating this to project stakeholders and enabling robust risk management plans to be developed.”
Maloney said that in today’s increasingly complex business environment, organisations are often running multiple projects at the same time and often from different locations, creating a huge amount of geological data that they need to rely on for important investment and environmental decisions.
“Ultimately, it’s about providing the insight and confidence organisations need to make time critical business decisions about their earth, environment and energy challenges. By enabling people to see stories within the most up to date data – it builds up a whole picture for projects - for example, allowing people to see sustainable ways of extracting value, or greater opportunities for clean energy. This provides a competitive advantage that delivers straight to the bottom line,” he said.
Central was initially developed in collaboration with the mining and minerals industry, to provide a single source of truth for geological model risk management. Seequent has said that its work with the civil engineering, environmental and geothermal energy industries has been pivotal in helping make Central 2.0 a truly cross-industry solution.