Mining Software Business Plan

PT. Rekayasa Tambang Indonesia, a subsidiary of Mining Software Development and Technical Assistance, meets the needs #8211 private and public-owned mining companies in nearly every sphere of mine design and engineering, geological interpretation and modeling, and improving mining productivity. RTI is a subsidiary of Mining Engineering Software Development and Technical Assistance, a U.S. software company that provides software for full-service mine design and interpretation. It also offers the managerial and technical resources necessary to solve complex geological interpretation and modeling as well as mine design, mining optimization and mine scheduling.

The Products

RTI will offer five different products and services. First, geological interpretation and modeling systems. This product and service offers the most complete geological database, innovative interpretation tools and advanced modeling techniques. It also provides resource reporting for all types of deposits. These deposits can range from simple, stratiform and massive deposits to complex and highly-deformed ore bodies. In addition to scheduling and mining optimization software, we will offer mine design and engineering software systems. Finally, dump design, rehabilitation will do analysis regarding the environment, designing mine waste dumps and acid drainage, as well as ground water drainage.

Market

Over the past five years, the average market value of open-pit, underground and quarried mining software technologies has increased at a rate of 22%. There is no local producer of engineering software in Indonesia so the majority of open pit, underground, quarry mining and geological software technologies used in Indonesian mining operations are imported. Last year, total imports for mining software technologies reached $75 million. That is 23.7% more than $60.6 million the year before. The imports were also 26.3% larger than $48 million the year before.

Competitive Advantages

RTI has the ability to access and preserve competitive advantages by leveraging intangible capital. This includes talent, leaders, entrepreneurs, intellectual properties and brands, as well as its access to advanced technology. These two aspects are interconnected. The “intangible capital” to a large degree is intellectual capital that has been captured by the organization. RTI has been very careful to design systems to capture the human capital that has been developed by the members of the organization. This is a major advantage. Even though some employees move on to other companies, RTI retains their knowledge and captures them. This intellectual capital is what fuels the advancement of technology.

RTI is a new company that combines the best of both software and consulting to serve the mining industry. RTI projects strong revenue for year 1, with steady growth in year five. The gross margins for the company will rise to a high percentage, with net profits increasing each year.

1.1 Mission

RTI has the mission to create a strong presence and implement all provisions in the MINER DELTA Mission Statement. The specific mission is to be the top mining and geoology software and consulting service provider in Indonesia. It will do this by creating customer value by providing optimal and efficient operations, using the best image analysis techniques. RTI, which is the commercial arm MINER DELTA’s MINER DELTA, will build a reputation for providing outstanding consultative service and exceeding customer expectation.

1.2 Objectives

Here are the financial and marketing goals of RTI.

1. Healthy sales in the first year, growing steadily through by the fifth year of plan implementation.
2. Top drawer average gross margin percent of sales revenue.
3. Each year, net income continues to rise.

Financial objectives can be converted into marketing goals. The company must establish a high average margin of sales if it wants to reach its gross margin and sales goals.

These goals will be achieved by the company if it sets clear objectives for customer awareness. It will need to approach potential client candidates, partner with other technology providers (hardware manufacturer and platform developer), and partner with reliable local and regional miners and equipment suppliers to lower competition, improve pricing, as well as reduce risks.

This could be the marketing objective.

• Targeted sales revenue for five years.
• Increase customer awareness during the planning period.
• You can lower competition and reduce risks, while also lowering the price of your products by partnering up with other technology providers (hardware developers and platform developers) or with local and respected equipment and mining suppliers.

Success keys 1.3

RTI has to have access to capital intangible (leadership, talent entrepreneurs, intellectual property, brand, business networks) and advanced tech. It must also be able to customise its location.

In addition to intangible capital, RTI has a technological advantage with its advanced mining design, scheduling, and geological interpretation programs. The software’s accuracy in calculating and producing visibility plots can determine its software’s performance. Other qualitative measures, such as flexibility and ease of use, are important measures that RTI also excels in. RTI will continue to improve the system and develop new software versions in order to maintain a competitive advantage. RTI will continue to investigate image analysis issues.

RTI’s combination of advanced technology and human resources allows it to be a customer-driven company. Each system will only be installed and designed by qualified personnel. This customized service onlyis offered by RTI. It is highly valued in the target market for its ability to operate in “turn key” mode. RTI’s mission is based on the close relationship with customers. We aim to exceed customer expectations by providing exceptional consultative services.

RTI’s Jakarta location allows it to operate efficiently in this manner. RTI&#8217’s product distribution and services distribution are further facilitated by the presence in Indonesia’s major mining regions (East Kalimantan South Kalimantan South Sumatra Central Sulawesi). Travel costs will be lower for sales demonstrations, installation, design, maintenance, and service. As unit sales increase, the distribution cost advantages will be measurable cost competitive advantages. Many intangible benefits will result from being close to our customers. This will assist in consulting efforts and in our quest towards being customer and market driven.

A typical mine’s primary activity is operations. It allows for more product to be produced at a lower cost. RTI is able to provide value and benefit for its customers by focusing its attention on this one activity in their value chain. The systems generated by RTI for its clients provide a quality assurance activity that monitors operations and is a guide to raising its customer’s operational performance.