RPMGlobal Holdings Limited (ASX:RUL) [RPM ®] has grown its sustainability suite of software with the strategic acquisition of private company Splash Back Solutions Pty Ltd (Splashback), the owners of a unique, SaaS (Software as a Service) based solution for the capture, storage, and management of environmental data.
Tasmania-based Splashback has a loyal following of their environmental data management platform, also named Splashback. Splashback is an advanced platform for storing measurements that change with time making it ideal for capturing environmental data such as water samples.
In recent times, the mining industry has seen a growing call for greater transparency between mining organisations and key stakeholder groups. Given Splashback was designed specifically as an environmental data collaboration platform, it makes it an ideal solution to facilitate this transparency to occur.
RPMGlobal CEO (Chief Executive Officer) Richard Mathews said: “We are very pleased to further extend the product offerings across our Sustainability portfolio and the transparency and auditability that Splashback provides will be a valuable outcome for our customers globally.”
Mining inherently involves constantly changing conditions and landscapes and while data capture and storage are key components, it is the integration and analysis tools within Splashback that provide the true advantage. Data can be imported from labs, sensors, and the field with a wide variety of easy-to-use tools allowing for rapid analysis of the data. Data can then be shared with stakeholders, regulators, and research organisations within the Cloud Splashback environment, reducing overhead and ensuring everyone has access to the latest information.
Splashback has a proven track record in mining, government, and associated industries required to manage and disclose large sets of environmental data. It was originally developed in 1996 for the significant data requirements of the Derwent Estuary Program. This program was a partnership between state and local government and industry with an aim to make the Derwent River a world-class asset through the sharing of scientific information.
It has also been used extensively on the successful Savage River Rehabilitation Project. Both the Savage River Rehabilitation Project and the Derwent Estuary Program remain users of Splashback’s unique platform.
Splashback bolsters RPM’s environmental, social and governance (ESG) software portfolio offering a SaaS-based solution for data storage, access, analysis, and integration through APIs for an operation’s environmental data. There is also a mobile application, eliminating paper and allowing field technicians, scientists and other on-the-ground staff to securely collect data on the go. This is built using the same technology as RPMGlobal’s current platforms providing development synergies across the product suite.
Splashback’s CEO Daniel Ray stated: “The Splashback team is immensely proud of what we have built over the years, and we are looking forward to the exciting opportunity to continue to develop our solution and deliver Splashback to customers in the industry right across the world as part of a truly global RPM team. Splashback excels best with data integrated from multiple sources and accordingly, is a perfect fit for RPM’s leading integrated enterprise software and advisory offerings.”
Mr Mathews concluded by saying: “Mining organisations have been asking for solutions that simultaneously manage environmental data while providing transparency and auditability for stakeholders and regulatory bodies. RPM’s sustainability portfolio ticks those boxes and provides peace of mind that the right information is being captured and stored.”
The acquisition will close on 30 November 2022 subject to customary completion events.