Nedlands-based information and technology company ISS Group Ltd has won a $1m contract to provide its BabelFish software to all of Rio Tinto's iron ore sites in the Pilbara.
The product, which was implemented at Rio's Cape Lambert, Yandi and Tom Price sites before the company won the contract, facilitates the data sharing of production, technical and operational applications.
The company had finished the 2005-2006 financial year with a $2.3 million net working capital.
The full announcement is pasted below
After successful implementations of the BabelFish software at the Rio Tinto Cape Lambert, Yandi and Tom Price sites, ISS is pleased to announce that it has been contracted to supply this software at a corporate level across the remaining Rio Tinto Pilbara Iron sites. Revenue for the remaining phase of the project is expected to be in excess of A$1.0 million. Implementation of the software will be conducted over the next 6 months with ongoing maintenance revenue continuing over the next 3 yrs. "This is a great endorsement for BabelFish and the ISS Group" says Managing Director, Shane Attwell. "After successfully demonstrating the benefits of the software on the initial site roll-out, this contract provides confirmation of the value that BabelFish can provide an operation." "With the costs associated with downtime or non-performing assets, it is imperative that an organisation can monitor and pro-actively manage their assets real-time to ensure that they are operating at optimum levels. The BabelFish application and its inbuilt visualisation, event detection, calculation and modelling tools provide this capability over the web" he added.
