Mincom, a leading global provider of software solutions and services for asset-intensive industries, today announced a significant new agreement with Arch Coal, Inc. (NYSE:ACI), the second-largest U.S. coal producer. Currently providing roughly 16 percent of North America’s entire coal supply, Arch Coal will optimize its nationwide mining operations through Mincom Ellipse 8, a powerful new solution for enterprise work and asset management that helps boost return on assets and workforce performance. Additionally, Arch Coal will implement the Mincom Critical Inventory Optimization (MCIO) solution across the company’s 11 mining complexes in North America. Fully integrated with Mincom Ellipse, MCIO automatically adjusts inventory levels to ensure the availability of critical parts while reducing inventory costs.
“We selected Mincom for its industry-leading enterprise asset management solution, which was designed specifically around the needs of mining, and leverages the company’s deep domain expertise from over 30 years of experience working with asset-intensive companies,” said Neil Novak, vice president of operation services, Arch Coal. “We’re pleased to sign this significant agreement with Mincom, the best-in-class EAM provider for mining, and implement Mincom Ellipse 8 as our solution for enterprise asset management across our nationwide operations.”
Added David Hartley, chief information officer, Arch Coal, “With Mincom Ellipse 8, we gain a modern platform for enterprise asset management – with a Web-native architecture and lightweight footprint that can help us significantly lower IT costs and resource requirements. Mincom’s open architecture means we can easily integrate the best-in-breed EAM functionality of Mincom Ellipse 8 with our choice of back-office ERP systems. Mincom’s open-standards approach offers us the flexibility we require, supporting our broader IT strategy of building an enterprise infrastructure comprised of today’s leading enterprise solutions.”
“Arch Coal operates the largest single coal-mining complex in the world, and is one of the nation’s top coal producers – supplying the fuel for approximately 8 percent of the electricity generated across the United States. We’re pleased to make Mincom Ellipse 8, the most powerful release of our asset- and work-management solution in our company’s history, available to such a well-recognized industry leader across its enterprise,” said Greg Clark, CEO of Mincom. “Currently 17 of the world’s top 20 mining companies use Mincom’s solutions to improve the efficiency and productivity of their operations. We look forward to further extending our deep domain expertise on behalf of today’s mining leaders.”
Mincom Ellipse 8 is the industry’s most modern and complete Enterprise Asset Management solution designed expressly for industries with asset-intensive operating environments. Mincom Ellipse 8 provides companies in asset-heavy industries – such as mining, defense, energy, public infrastructure and transit – with a fully integrated and mobile-enabled suite of business-critical applications that improves their return on assets and workforce productivity, while also addressing the challenges inherent in remote and geographically dispersed operations that distinguish these industries from corporate-office environments.
St. Louis-based Arch Coal, Inc. (NYSE:ACI) is the nation's second-largest coal producer. The company's core business is providing U.S. power generators with clean-burning, low-sulfur coal for electric generation. Through its national network of mines and 4,600-person workforce, Arch supplies the fuel for approximately 8 percent of the electricity generated in the United States. For more information, see www.archcoal.com
Mincom Pty Ltd is a global software and services provider with nearly 30 years of experience in providing business solutions to companies in asset-intensive industries, such as mining, defense, energy and public infrastructure, in more than 40 countries around the world. Mincom customers include Anglo American, Thales, Rio Tinto, BHP Billiton, Boeing, National Grid, London Underground, Xstrata Copper, Western Power, QBuild, BNSF Railway, EDF Energy, Caterpillar and Ecopetrol. Mincom, Inc. operates in North America and is a subsidiary of Mincom Pty Ltd. Mincom is owned by Francisco Partners.
For more information about Mincom, visit www.mincom.com.