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

 

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news