SYDNEY AUSTRALIA: SensOre Ltd (ASX: S3N) has executed an settlement with Unico, now a half of global IT and enterprise consulting agency CGI, to collaborate on the commercialisation of SensOre’s mining exploration technology platform which was created to enhance exploration success charges and performance.
The project represents an alternative to expand SensOre’s present client services to a cloud-based SaaS (software as a service) product.
This contract is an important step in SensOre’s technology development roadmap. SensOre’s existing proprietary AI-enhanced technology is designed to advance the way companies integrate, interrogate and analyse geoscience data and increase the potential for mineral discovery.
It is envisaged that development and deployment of the proprietary platform will open the door to scale the Company’s merchandise and expand SensOre’s capability to service mineral exploration companies in Australia and overseas, whereas reducing the Company’s unit cost per engagement.
The project will contain utilizing SensOre’s AI-driven technology to create a digital twin of the Earth’s surface, enhancing the way exploration companies identify and analyse mineral exploration targets.
SensOre Chief Executive Officer Richard Taylor said: “Our background is creating and deploying technology and software program that generates exploration targets utilizing AI.
While we have beforehand focused on Western Australia, a key goal of the Unico partnership is to enhance the tempo of our data expansion throughout the globe.
“This project is a massive alternative to make use of our technology to construct a mannequin that we believe will be in demand from mining exploration companies throughout the world.
We are enthusiastic about the prospect of a global relationship with CGI to assist expand our technology choices into new markets.”
Unico’s Director of Innovation Evan Harridge said “Imagine having the ability to analyse an MRI scan of the Earth. SensOre’s AI-driven evaluation instruments will be able to see what’s underground in nice detail, similar to how medical imaging technology can precisely see contained in the human body. This technology would allow exploration to be extra focused and restrict the general environmental impact.”
Unico is a longtime Australian technology services enterprise that was recently acquired by CGI, one of many largest technology consulting companies within the world with greater than 80,000 staff.
CGI has a lengthy historical past providing merchandise and services to the oil, gas and mining sectors and their team of experts will assist develop SensOre’s ambitious technology roadmap and growth plan, together with expediting plans to expand into North America and different key mining markets.
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