Fortescue Metals Group has extended its contract with K2fly as it looks to bolster its tenement management processes across its operations in Western Australia.
The miner has been using K2fly’s Infoscope Land Management software since 2012. Its use has expanded over time to cover multiple business units including tenements and acquisition, heritage and native title, environment approvals and its vocational training and employment centre.
Infoscope helps small and large companies maintain their social licence to operate on land, providing “a single, spatially integrated solution to manage information relating to land access and compliance across multiple industries”, K2fly says.
“It delivers effective stakeholder, tenement, cultural heritage, native title and environmental management, along with a full lifecycle ground disturbance process.”
FMG has recently raised purchase orders in excess of A$300,000 to have additional developments made within its Infoscope solution, the software provider said. The assignments will start in July and is due for completion within the first half of K2fly’s financial year 2019.
K2fly CEO Brian Miller said the contract extension with FMG, which uses Infoscope on a ‘Software as a Service’ basis, “indicates the long-term value FMG sees in the solution”.
“This services and consultancy contract extension comes at a time when other service contracts have been won by K2fly including significant opportunities with Western Power which were previously announced. This will have a material impact on K2fly’s revenues in the first half of FY2019,” he said.