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Home » Industry Update » Update » Bentley Systems’ Seequent acquires AR2Tech for its geospatial applications

Bentley Systems’ Seequent acquires AR2Tech for its geospatial applications

By | February 16, 2022 6:56 pm SHARE

Bentley Systems’ Seequent acquires AR2Tech for its geospatial applications
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Bentley Systems business unit – Seequent has acquired Denver-based Advanced Resources and Risk Technology, LLC (AR2Tech), a developer of geostatistical software applications. The acquisition provides Seequent with state-of-the art geostatistics algorithms, technology, and IP for complex geospatial problem solving, complementing its geological modelling solutions and workflows, to help solve earth, environmental and resources challenges.

 AR2Tech represents a new generation of geostatistics and spatial data analysis solutions for mining, environmental sciences, and energy. Its state-of-theart, high-performance algorithms and workflows for cloud and desktop enable users to create and optimise a diverse set of models, even with millions of cells, without performance bottlenecks.

 Mining companies use AR2Tech’s solutions for geostatistical modelling for conditional simulation and estimation models of complex orebodies, with algorithms customised for specific deposits. Environmental sciences professionals use customised workflows for data management, spatial evaluation, and risk assessment, designed for applications including stochastic simulation of the subsurface for water modelling, sampling evaluation and strategy, integration of remote sensing data in the geostatistical model, and characterisation of pollutants. 

Graham Grant, CEO, Seequent, said, “We’re delighted to welcome to Seequent the elite and talented AR2Tech team in Denver and Brazil. We’re excited to make this investment for our mining, environmental, civil, and energy users to take geomodeling to the next level.”

 AR2Tech founder Dr Alexandre Boucher said, “With Seequent, we will realise our goal of bringing the next generation of geostatistical algorithms to the geomodeling community. Combining forces with Seequent, we can create new practical and accessible solutions for geoscience professionals.” 

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