Bentley Systems, the infrastructure engineering software company, has announced that its Seequent business unit has acquired Denver-based Advanced Resources and Risk Technology (AR2Tech), a developer of geostatistical software solutions for mining, environmental sciences, civil and energy.
The acquisition provides Seequent with state-of-the-art geostatistics algorithms, technology, and IP for complex geospatial problem solving, complementing its geological modelling 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 state-of-the-art, high-performance 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.
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 stand alone or integrated with other software, including Seequent’s Leapfrog 3D geological modelling solutions.
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.
“AR2Tech’s technology stack and world-leading expertise in geostatistics, geomodelling, and spatial data integration strengthen Seequent’s capabilities in these areas,” Graham Grant, chief executive officer of Seequent, said.
“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 his company had 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,” he said.
For more information, please visit https://www.ar2tech.com/.
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