Tag Archives: Graham Grant

Seequent looks to solve complex geospatial problems with AR2Tech acquisition

Environmental, Mining mergers and acquisitions, Mining software, Water management, , , , , , , , , ,

Bentley Systems Inc’s Seequent business unit has acquired Denver-based Advanced Resources and Risk Technology LLC, a developer of geostatistical software applications.

The acquisition, Bentley says, provides Seequent with state-of-the-art geostatistics algorithms, technology and IP for complex geospatial problem solving, complementing its geological modeling solutions and workflows, to help solve earth, environmental and resources challenges.

AR2Tech represents a new generation of geostatistics and spatial data analysis solutions for mining, environmental sciences and energy. Its algorithms and workflows for cloud and desktop enable users to create and optimise a diverse set of models, even with millions of cells, without performance bottlenecks, according to Bentley.

AR2Tech’s algorithm library can be applied to a wide range of geostatistical modelling and data science methods, supporting functions that are data-centric and rely on machine learning. Solutions can be used standalone or integrated with other software, including Seequent’s Leapfrog 3D geological modeling solutions.

Bentley said: “Mining companies use AR2Tech’s solutions for geostatistical modelling for conditional simulation and estimation models of complex orebodies, with algorithms customised for specific deposits. Environmental sciences professionals use customised workflows for data management, spatial evaluation and risk assessment, designed for applications including stochastic simulation of the subsurface for water modelling, sampling evaluation and strategy, integration of remote sensing data in the geostatistical model, and characterisation of pollutants.”

Graham Grant, CEO of Seequent, said: “We’re delighted to welcome to Seequent the elite and talented AR2Tech team in Denver and Brazil. AR2Tech’s technology stack and world-leading expertise in geostatistics, geomodelling, and spatial data integration strengthen Seequent’s capabilities in these areas. The acquisition will help accelerate our development of new geostatistics solutions and create seamless end-to-end workflows with Seequent’s advanced modelling solutions. We’re excited to make this investment for our mining, environmental, civil and energy users to take geomodelling to the next level.”

AR2Tech Founder, Dr Alexandre Boucher, said: “We’re proud to be joining Seequent and sharing our cloud-first approach to solving geosciences challenges. With Seequent, we will realise our goal of bringing the next generation of geostatistical algorithms to the geomodelling community. We have developed and optimised algorithms for geomodelling for over a decade, including conditional simulations for risk and uncertainty studies. Combining forces with Seequent, we can create new practical and accessible solutions for geoscience professionals.”

Seequent adds to cloud-based geoscience software base with Imago acquisition

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Bentley Systems’ Seequent business unit has acquired Imago Inc, a developer of cloud-based software for the capture and management of geoscientific imagery.

The acquisition, which comes only a month after announcing the purchase of Aarhus GeoSoftware, will expand Seequent’s technology solutions portfolio while boosting cloud capabilities to help geoscientists and engineers solve earth, environment and energy challenges, it said.

Imago’s cloud-based platform enables the capture, cataloguing and review of drilling core and chip images from any source, to support every aspect of the geological process from exploration to grade control. Continued development of Imago’s machine learning will lead to a step function in the interpretation of geological data, according to Seequent.

Seequent said: “Mining companies around the world apply Imago’s solution in conjunction with geology data management and modelling tools to enable teams to make more confident, profitable decisions using instantly available, high-quality images. Seequent already integrates its Leapfrog, Oasis montaj, Target, and Minalytix MX Deposit with Imago’s solution, making it easy for geologists, engineers and other stakeholders to extract knowledge and learn from geoscientific imagery. The goal is to unlock significant potential for mining and other industries, transforming image data into meaningful insights for geological activities.”

Imago establishes a consistent process for capturing high-quality images, which integrate with existing workflows and allow the application of machine learning

Graham Grant, CEO of Seequent, said: “It’s an exciting step to welcome the Imago team on board to help advance Seequent’s progression into the cloud. We’re continually exploring ways to provide new technologies and solutions to solve workflow challenges, improve operational efficiency and deliver greater value for our users who are working to solve some of the world’s major civil, environmental, and energy challenges. This acquisition demonstrates Seequent’s continued growth and our commitment to make a positive contribution to the industries we serve globally.”

Imago’s Co-Founder, Federico Arboleda, said: “As a small team in Phoenix and Perth, we’re excited to join forces with Seequent, as this will now allow us to substantially scale Imago’s solutions in mining and other markets. We founded Imago to help mining companies manage the high volume and size of geological images and unlock the great value in this geoscience imagery. Image data is an increasingly important source of data across the geosciences – and can come from potentially any source, including core photos, hyperspectral, aerial photos, drones, and handheld devices. It will become even more important to transform image data into knowledge as automation needs increase.”

Bentley’s Seequent gets geophysical with Aarhus GeoSoftware buy

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Bentley Systems’ newly acquired business unit, Seequent, has added Danish company Aarhus GeoSoftware, a developer of geophysical software, to its portfolio.

The acquisition extends Seequent’s solutions for operational ground water management, and for sustainability projects involving exploration, contaminants, and infrastructure resilience, Bentley said.

Aarhus GeoSoftware, a spinoff company from Aarhus University in Denmark, develops the software packages AGS Workbench, SPIA, Res2DInv, and Res3DInv for the processing, inversion, and visualisation of geophysical data from ground-based and airborne electromagnetic, electrical resistivity tomography remote sensing, and other sources. AGS software enables users to create 2D and 3D images of subsurface electrical resistivity, according to Bentley, with the outputs used to distinguish and differentiate subsurface materials. They can subsequently be modelled in Seequent’s Leapfrog to aid in various subsurface investigations.

The software uses electric field measurements, collected at ground level or with airborne sensors, to map the subsurface distribution of certain materials such as water, mineral deposits and clays.

Electrical resistivity, Bentley says, allows a better understanding of the distribution of these materials and, when the water contains other compounds such as salt, researchers and industry professionals can infer the distribution.

The genesis of AGS software was to ensure clean drinking water for future generations by mapping groundwater across Denmark. It is now used in many different areas, including investigating orebodies and waste rock and tailing processes in mining.

Seequent says it will continue its tradition of collaborating with universities and research organisations worldwide through ongoing engagement with Aarhus University for the development of AGS geophysical solutions.

Graham Grant, Chief Executive Officer of Seequent, said, “The acquisition will add new geophysical data processing capabilities to our workflows to help advance subsurface investigation and modelling. AGS software, coupled with Seequent’s advanced geologic modelling and analysis software, creates a key tool in helping understand and manage groundwater and assessing risk in infrastructure such as dams and canals. We’re excited about the new possibilities this opens up for our collective users worldwide, improving life-time digital twins.”

Toke Højbjerg Søltoft, Chief Executive Officer of Aarhus GeoSoftware, said: “Seequent’s global reach will allow AGS software to positively impact more projects worldwide. As we continue to develop solutions, our users will benefit from our tools being in Seequent’s ecosystem and workflow. We’re excited to join Seequent and to work together on our shared vision of helping organisations make more informed and sustainable decisions through a better understanding of the subsurface.”