CorePlan head of engineering Eugene Lee says it’s been a journey of “blood, sweat and code”. Founder Alex Goulios claims CorePlan 2.0 is the mineral drilling management software the industry has “always needed”.
For the Perth start-up, its new software-as-a-service (SaaS) offering comes on the back of a A$4 million private equity injection last year and an impressive ramp-up of its flagship product user onboarding rate.
Goulios says the $4 million funding led by Sydney-based EVP has fuelled the company’s global expansion and accelerated development of CorePlan 2.0. Mining majors BHP and Fortescue are said to be among more than 100 CorePlan customers Imagine you started a small renovation but ended up rebuilding the entire house from, with circa-300 new users onboarding monthly.
The software firm’s original minimum viable product went out to market in 2019 and was refined through 2020. It started making a splash in a market “long overdue for disruption” in 2021. CorePlan 2.0, launched this month, represents a fundamental rebuild of the platform backend with newer technologies as well as a front-end update with a modern user interface.
Lee told a recent launch gathering: “We wrote 130,000 lines of code.
“Imagine you started a small renovation but ended up rebuilding the entire house from the ground up.
“Coreplan 1.0 was a charming old house. It had character, but the foundation was cracking, the plumbing was clanking, and then meanwhile our users [were] dreaming of a new smart home with voice activated lights.
“So we built CorePlan 2.0 on a new, modern, future-proof framework that aligns with the new web standards … and just a consistent design language across the whole product. We can now build features more easily. We don’t have to knock down walls to build new rooms.
“For the business, this sets us up for future success. It gives us room to grow.”
Chief operating officer Sachee Perera says CorePlan is hiring.
“We are at 35 people now; soon to be 45,” he says.
Perera says the product changes mean CorePlan can “deliver on our vision and our promise to the market around helping people in mining work better together in the modern age”.
“This means more collaborative workflows between miners and contractors and unlocking new workstreams like earthworks and geophysics management, or improving invoicing and cost reconciliation workflows.
“This also allows us to not just build new features but quality of life stuff like notifications, custom reporting and API capabilities.”
Goulios says he spent years watching geologists transform pencil sketches on tracing paper into multi-million-dollar mines.
“During my time at [geological consultancy] CSA Global I witnessed firsthand the inefficiencies and challenges that mining companies faced in managing their drilling operations,” he says.
“CorePlan 2.0 represents the solution we’ve always needed – one that combines industry expertise with cutting-edge technology to bring drilling contractors and mining companies together in ways that were previously unimaginable.”
