Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


ARANZ Geo celebrates opening of new Christchurch HQ



ARANZ Geo celebrates opening of new Christchurch HQ

CHRISTCHURCH, 22 November 2012 – ARANZ Geo (www.aranzgeo.com), developer of world leading 3D geological modelling solutions, has a new Christchurch headquarters two years and two months after a series of devastating earthquakes hit the city. The new R&D centre, the fifth move for the company since the quakes, was officially opened today by Science and Innovation Minister Hon Steven Joyce.

The company is achieving success internationally designing and developing their Leapfrog (www.leapfrog3d.com) 3D geological modelling solutions for the mining, hydrogeology and geothermal industries.

Shaun Maloney, Chief Executive of ARANZ Geo says, “Today is a very special day for the company. I’m tremendously proud of the way the team has continued to focus on delivering fantastic products to customers around the world despite some challenging conditions. It’s terrific to finally have a new permanent base and for the team to be together once again.”

The company’s strong growth has continued despite the disruption caused by the earthquakes. Revenue has doubled for the past two years, a trend that is continuing.

Maloney says the company has notched up a number of successes recently, “Through the earthquakes we continued to develop our Leapfrog software for clients worldwide. We’ve also managed to attract some really skilled people including PhD graduates, mathematicians and software engineers. We need to keep building the team as we’re growing quickly.”

Following the Christchurch quakes the company’s Leapfrog software is now being used by GNS Science to model the ground conditions and materials underneath Christchurch city and their geotechnical properties.

ARANZ Geo’s core competencies lie in the research and development of algorithms that allow data to be turned into sophisticated 3D visualisations. Their software, which allows users to better understand what is under the surface in stunning 3D graphics, can be run on standard computer equipment.

Maloney says, “We do for geology what medical 3D scanning has done for medicine. The same outcomes are driving change in the mining industry in terms of diagnosis, prognosis and treatment.
“Our software allows senior executives and geologists to make important investment decisions based on resources, geology and safety in a much shorter timeframe, which can have a major financial impact. Mining clients for example have the potential to save millions by saving time and resources, reducing risk and increasing accuracy.”

Leapfrog Mining, the company’s flagship product was developed specifically for the minerals mining industry and is used and trusted by the world's leading mining and exploration companies who need to understand geology to make critical investment decisions rapidly. Other software products are Leapfrog Hydro and Leapfrog Geothermal, , specifically designed and developed to meet the geological modelling demands of these distinct industries.

ARANZ Geo has a 50-strong Christchurch based team and a further 35 staff located across a network of local support offices including Canada, United States of America, Peru, Chile, United Kingdom, Denmark, Turkey, South Africa, and Australia.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Interest Rates: Wheeler Hikes OCR To 3% On Inflationary Pressures, Eyes Kiwi

Reserve Bank governor Graeme Wheeler lifted the official cash rate for the second time in as many months, saying non-tradable inflationary pressures were "becoming apparent" in an economy that’s picking up pace and he's watching the impact of a strong kiwi dollar on import prices. More>>

ALSO:

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news