Rio Tinto bolsters IT systems with $20 million Empired deal
Under the three year deal, which includes two separate one year options, Empired will provide the mining organization with application support and project services for more than 170 unique applications, which are largely technical systems used in the management of field operations spanning mining, processing, rail and port facilities.
Several of the technologies include legacy platforms, Oracle, Microsoft.Net, Microsoft SharePoint, and Microsoft CRM.
“We are delighted to be trusted by an organization as prestigious as Rio Tinto to manage applications that are critical to the efficient operation of one of the world’s largest mining operations,” said Russell Baskerville, Empired’s managing director,
“This award speaks volumes about the quality of services currently being provided by Empired to Rio Tinto under the TST program and I would like to thank all our staff for their professionalism and dedication to Empired and our clients.”
“I am also pleased to see our extended Microsoft capability through the acquisitions of OBS, eSavvy and Intergen leveraged to provide a seamless and cohesive solution to Rio Tinto. These acquisitions have been pivotal to our strategy and this win vindicates our strategy to leverage the broader capability to win large multi-year contracts.”
“Rio Tinto continues to present a great opportunity to Empired and we are focused on working with them to identify areas where we can assist Rio Tinto to deliver on its stated business objectives.”
Earlier this year, Rio signed a deal with Accenture to migrate its core enterprise IT systems to the cloud. The deal included modernization of Rio’s existing enterprise resourcing planning (ERP), information management platforms and consolidating applications in the public cloud.The deal alsoincluded incorporating consumption based pricing to ensure costs are fully flexible and in line with business demand.
Axora launches global challenge for digital technology
Axora is launching the world’s first international competition to discover new cost-saving digital technology for industrial companies, which can produce rapid benefits within a year.
The Metals & Mining and Oil & Gas sectors have recently experienced budget cuts of 20% on average, driven by a variety of factors including the global pandemic, slump in demand and price wars. The Axora Cost-Saving Technology Challenge aims to transform these industries by discovering innovative, digital solutions that reduce cost fast and pay for themselves, whilst achieving the same or improved productivity, health and safety and sustainability standards.
“While digital solutions can help to get work done quicker and more cost-effectively, they typically require a three-year ROI, and if there’s no flexibility in the budget, a full budget planning cycle is needed to get things moving”, said Dr. Nick Mayhew, Chief Commercial Officer, Axora.
“Yet, extra financial cost is often incurred in delaying digital projects, so customers have asked us to highlight solutions that can have an ‘in year payback’ whereby the cost spent on the solution and deployment will be more than recovered within the budget year - this accelerates the timeline and drives positive business impact, quickly.”
The Axora Cost-Saving Technology Challenge
Axora is keen to learn of any digital cost-saving innovation which: meets the 12-month payback timeframe; can be deployed in any part of the value chain including upstream, downstream or midstream oil and gas, metals processing or mining; and is ready for market. The Axora Cost-Saving Technology Challenge is open to entrepreneurs, start-ups, academics and sector leaders across the world. The competition will be judged by a panel of leading industry experts.
“We’re passionate about supporting our industries and customers through all forms of digital transformation and the cost-saving solutions we are searching for could also provide a lifeline to many mining and metals and oil and gas companies in the current economic climate,” added Dr. Mayhew.
Improving productivity, safety and sustainability
Up to ten finalists will be chosen to pitch their solutions at a digital pitch day later this year, after which Axora will validate the ROI models and vet the solutions. The winner will receive the ‘Axora Market Accelerator’ sales and marketing package worth £10,000. This includes a two-hour workshop, promotion through Axora’s thought leadership content and inclusion into its digital demand engines, providing the opportunity for the winning solution to benefit thousands of industrial companies. Entries are open until May 31. Full details of the competition including terms and conditions can be found here.
To learn more about the Axora B2B digital solutions marketplace read our feature in the latest issue of Mining Global magazine.