IGATE Corporation (IGATE or the Company) (NASDAQ: IGTE), the New Jersey-headquartered integrated technology and operations solutions provider, today announced its further partnership with Rio Tinto, a leading global mining and metals company, to develop their Analytics Excellence Centre in Pune, India to support the global growth and development of Rio Tinto’s industry-leading Mine of the Future™ programme.
In the first partnership of its kind in the mining industry, IGATE will provide Rio Tinto with analytical capabilities to identify opportunities for enhancing efficiency and productivity across Rio Tinto managed operations. The current partnership spans engineering research and development services, including industrial automation and control, software and embedded design and development, and product engineering services. The newly inaugurated Centre will analyze data captured by various business systems and the array of sensors attached to Rio Tinto’s fixed and mobile assets, to generate meaningful insights, significantly boosting productivity and safety.
The Rio Tinto Analytics Excellence Centre located within Rio Tinto Innovation Centre, Pune, will build on the work of Rio Tinto’s Processing Excellence Centre (PEC) in Brisbane. The Centre will house data engineers and data scientists to work on advanced statistics, predictive data modelling and machine learning algorithms that contribute towards high value engagements with PEC and other business groups.
Rio Tinto group executive Technology and Innovation - Greg Lilleyman said, “We have partnered with IGATE to introduce our Analytics Excellence Centre which is the next phase of our Mine of the Future™ programme. The Centre will help us predict the future through the use of advanced data analytic techniques. IGATE‘s data scientists and expertise will assist in the development of new technologies and models in our on-going drive for productivity improvements.”
Commenting on the partnership with Rio Tinto, Mr. Sanjay Salunkhe, SVP and Head of Product and Engineering Solutions, IGATE said, “We are delighted to have been chosen as the exclusive partner for this landmark analytics engagement. Over time, the product and engineering services industry has evolved towards intent driven innovation and engineering analytics. Our capabilities in these areas have gained a worldwide acceptance and this partnership is yet another milestone in our journey to drive innovation and boost productivity.”
Rio Tinto group executive technology and innovation - Greg Lilleyman, Rio Tinto India managing director Nik Senapati, IGATE Senior Vice President and head of Product & Engineering Solutions Sanjay Salunkhe, formally inaugurated the Rio Tinto Analytics Excellence Centre today at a ceremony in Pune.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, coal and uranium, gold, borax, titanium dioxide, salt, and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.
About IGATE
IGATE is a global leader in providing integrated technology and operations-based solutions, headquartered in Bridgewater, New Jersey. As a trusted partner to corporations in North America, Europe and Asia Pacific, IGATE provides solutions to clients’ business challenges by leveraging its technology and process capabilities, underwritten by an understanding of domain and industry imperatives. With revenues over US$ 1.27 billion, and a global employee talent capital of over 33,000, IGATE offers productized applications and platforms that provide the necessary competitive and innovation edge to clients across industries, through a combination of speed, agility and imagination. IGATE is listed on NASDAQ under the symbol IGTE.
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