Let’s play the soundtrack for a Hollywood adventure flick while exploring the glorious outdoor lifestyle of the prospector.
Some heart-pounding action music only seems appropriate for romantic images of dust-covered characters in four-wheel drives bouncing along dirt roads with bag-loads of rock samples.
Whoops, better tone that view down a bit. At the downtown Halifax headquarters of Coemergence Inc., an industry-leading provider of intelligence-gathering software that mines data on resource finds from sources all over the world, there is only the quiet hum of fine-tuned computers and not a pickaxe to be seen anywhere.
"We provide the market’s only decision-making platform," said Peter Hickey, president and chief executive officer of a seven-year-old business that provides focused information to some of the world’s biggest and fastest-growing resource developers.
This prospecting involves assessing existing data.
"Before you go out and buy a company, for millions and potentially billions of dollars, you’re gathering information, industry stats, internal reports about the company, how competitors might respond, and you also want your own internal information. We bring it all together," he said.
These days some multinationals looking for the hottest leads on resource finds suitable for development rely increasingly on intelligence software developed by Coemergence, which gathers and manages huge amounts of data and presents it to companies in a clear and efficient manner.
"It allows executives to fully understand the opportunity and make smart decisions quickly," said Mr. Hickey.
The Halifax company has just announced it has entered into a three-year agreement with EDS Canada Inc. to pursue business opportunities with growth-focused companies in the resource field.
Mr. Hickey said the seven-year-old operation has its roots in the resource exploration field but is actively exploring a host of new applications for its data-mining software.
Coemergence software monitors more than 13,000 mines, involving 4,000 companies for one of its biggest customers.
"Without an orderly presentation of competitive intelligence, executives risk spending all their time glued to their laptops," said the chief executive officer.
(
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
)
