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What is SOT?

SOT distinguishes itself as a specialized financial optimization tool designed specifically for both surface and underground mining activities, significantly boosting productivity and profitability by optimizing the Net Present Value (NPV) of mining schedules. This sophisticated scheduling solution utilizes an evolutionary search algorithm to generate enhanced schedules focused on maximizing resource NPV. Tailored for scenario analysis and strategic evaluations, SOT provides mine planners with the capability to examine different strategies and select alternative schedules that enhance NPV. By implementing an NPV-optimized schedule, mining operations can extract increased value from their resources, thereby minimizing risk and expediting the payback period. The system integrates custom heuristics with the evolutionary algorithm to further improve NPV results. It empowers users to reveal robust, high-value schedules that greatly impact strategic mine planning, while also facilitating optimization across a range of metrics, including ore feed goals and profitability indices. Furthermore, SOT not only enhances operational efficiency but also ensures that stakeholders are equipped with the critical insights necessary for making strategic decisions that foster sustained success in the mining sector. This ability to adapt and optimize positions SOT as an invaluable asset for future-oriented mining enterprises.

What is SIMULATE?

SIMULATE is a cutting-edge Discrete Event Simulation (DES) platform specifically crafted for Original Equipment Manufacturers (OEMs) to accurately replicate complex 3D mining settings, featuring customizable machinery that reflects brand specifications. This innovative tool is leveraged by OEMs globally to provide precise, quantifiable, and effective solutions in equipment and services tailored for the mining industry. Through the capabilities of SIMULATE, users are empowered to illustrate and convey the advantages of their machinery, backed by results from simulated environments. OEMs can harness customer data to construct a 'digital twin' of any mining operation, whether it involves open-pit or underground scenarios, thereby offering a realistic representation of haulage activities at any mining location and highlighting the advantages of their products and services. In addition, SIMULATE incorporates the most widely used haulage calculation engine in the mining field, fostering clarity and consensus between you and your clients. By enhancing operational efficiency, this groundbreaking tool not only seeks to amplify profitability but also contributes to more sustainable practices in the mining sector. Ultimately, SIMULATE stands as a pivotal resource for OEMs striving to innovate and improve their service offerings in a competitive marketplace.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

RPMGlobal

Company Location

Australia

Company Website

rpmglobal.com/product/sot/

Company Facts

Organization Name

RPMGlobal

Company Location

Australia

Company Website

rpmglobal.com/product/simulate/

Categories and Features

Mining

Not specified

Categories and Features

Mining

Not specified

Simulation

Not specified

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