Matrix Design Group is opening a new division, Matrix Analytics Group, to offer industry expert perspectives into mining operations “based on data and numerical modelling that helps drive meaningful enhancements to the decision-making process”, it says.
The division will be part of Matrix’s South African entity in Johannesburg, operating in both the US and Africa.
The company said: “Matrix Analytics is able to facilitate discussion aligned to the strategic goals of its clients by combining decades of mining industry expertise with modern data analytic techniques. Utilising a model-based approach allows Matrix Analytics to provide diverse insights into business and operations.”
David Clardy, President of Matrix Design Group – which already calls itself a leading provider of technology for mining safety and productivity – said: “In today’s competitive mining environment, efficiency is key. Matrix Analytics complements our mission to help mines operate more safely and productively through the most effective use of resources.”
Matrix Analytics uses a mine’s data to find key correlations and insights and presents the information in a way that it can be used to facilitate decision making.
Stephen Redford, Director of Matrix Analytics Group, said: “A mine’s data is an often-underutilised trove of information that can dramatically improve operations. We want to provide a means for mines to tap it for key, and sometimes critical, insights.”