From the ground to the cloud: MX Deposit featured in CIM Magazine


MX Deposit was featured in CIM Magazine’s May Tools of the Trade report. CIM reporter, Kylie Williams, interviewed Steve Randall, Geosoft’s VP of Marketing, on MX Deposit’s software-as-a-service approach to drilling data management. Read the article below.  

From the ground to the cloud

The downturn has driven the industry to develop cost-effective approaches to collecting, managing and sharing drill and sample data. MX Deposit, a cloud-based drilling data management solution by Minalytix and Geosoft, is designed to track, validate and audit the full range of data types collected on a project. Steve Randall, vice-president of marketing at Geosoft, said the cloud-based model means companies spend less on information technology infrastructure and database administration. “Using the subscription model, MX Deposit is quick to implement and is scalable as projects grow,” he said. “Data can be logged and accessed from anywhere, and a mobile data entry application is available for more efficient data collection in the field.” Launched in January, MX Deposit has built-in additions including an activity feed to centralize communication between team members and encourage collaboration. “A lot of experience leaves the industry during the downturn, so as things start up again, the ability to use technology for collaboration will help companies capture and use their experience where it’s needed,” Randall said. – Kylie Williams

Download the CIM Magazine article.

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