June 9, 2014
Trimble (NASDAQ: TRMB) announced today that it has acquired privately-held Mining Information Systems (MIS), headquartered in
. The acquisition will add enterprise-level information management capabilities to Trimble's portfolio of mining solutions. These enterprise-level capabilities can enable improved productivity, profitability, and safety by providing a more complete view of geospatial, productivity, workforce and cost data across functional areas to support better operational and strategic decision making. Financial terms were not disclosed.
MIS provides market-leading information systems for data required for enterprise-wide monitoring and management of mining and ore processing operations. MIS systems collect and integrate data across functional areas and sources, regardless of data origin. This capability combined with Trimble's geospatial solutions can provide increased mine productivity through the aggregation, analysis and presentation of information that enables better decision making for mining customers.
"Productivity applications in functional areas such as drill and blast, haulage and materials processing have improved operational efficiencies, but the value of this data has not been fully realized since it is not readily collected and integrated for a complete, site-wide view. MIS offers an enterprise-level system that unlocks data and metrics from across functional areas for a complete view of mine productivity and profitability for decision makers across planning, operations and finance," said
, business area director of Trimble's Mining Division. "Trimble offers high levels of accuracy in geospatial solutions today and with the enterprise-level mine information platform, we can increase the use and value of geospatial data and other data sources for our customers."
"We share Trimble's vision that mines can be more productive, more profitable and safer with improved reporting and use of geospatial technology, productivity, product quality, risk and cost information at the enterprise level," said
, managing director of MIS. "Trimble's leadership and expertise in geospatial technologies will be integral to productivity and inventory control applications in the resources sector."
The MIS solution suite is modular with systems for mine production, processing operations, human resource management and a Web-based portal for access and administration. The systems are flexible, scalable and are not restricted by mining methods, commodities, time zones, language, currencies, units of measure, existing software, hardware and network infrastructure. MIS systems are widely used across geographies and commodities in some of the world's largest mines.