Australia’s Datarock has been recognised with another significant gong, taking out the 2024 CORE Innovation Hub Hot 30 Innovator of the Year ahead of a strong line-up of contenders.
CORE, which has established a 6000-strong network of innovators, technologists, industry professionals and academics through collaboration and innovation hubs in Western Australia and South Australia, said Victoria-based Datarock was” transforming mining data management by leveraging machine learning and data science to maximise the value derived from core datasets”.
“The company’s innovative core imagery processing platform automates data extraction, offering unparalleled speed, cost-effectiveness, and reliability compared to manual methods, thus revolutionising mining operations for enhanced performance and sustainability.”
Datarock won InvestMETS.com’s inaugural Best Start-up award for 2023 ahead of global competition.
The company has grown its headcount fivefold to about 50 people in the past four years and achieved a compound annual growth rate for sales in that period of 115% CAGR.
Western Australia-based Jevons Robotics took out the CORE Robotics Innovation Award for its first battery-electric, autonomous mine support vehicle. Co-founder Todd Peate said the company aimed to dominate the mine ancillary vehicle market with similar non-diesel, robotic machines in future.
Fast-growing South Australia consulting firm, Succession Ecology won the Sustainability Award.
Pioneering WA renewable-energy project company, Pilbara Solar, which is working on a 10MW solar venture in the state’s Pilbara region, was recognised with the Indigenous Innovation Award.
WA communications firm SpaceDraft, founded by Perth entrepreneur Lucy Cooke in 2016, won CORE’s Female Led Innovation Award.
State award for SA Innovator of the Year and WA Innovator of the Year were won by Economical Energy and RocketDNA, respectively.
Red Dog Renewables accepted the Pilbara Innovator of the Year Award.
“The Hot 30 represent the very best of our next generation of businesses which are developing new technologies and using innovation to solve real-world problems for Australia’s biggest industries,” CORE national innovation hub manager, Renee Hakendorf said.
“CORE Innovation Hub is proud to use these awards to showcase the entrepreneurial prowess of new and evolving businesses and their significant contributions and advancement of solutions for the mining, energy, and resources sectors.”
Sponsors of the Hot 30 awards include Australian Automation and Robotics Precinct, BHP, JourneyOne, Radium Capital, Rio Tinto, and Wrays.
The full Hot 30 2024 list
2Censor
Apex Engineering Technology
Brokk Australia
Clean and Recover
Corescan
Crysp
Custom Mining Solutions
Datarock
Economical Energy
Electric Power Conversions Australia
Element Engineering
Exagro
EXTAG
Hermes and Soteria
Imvelo
Jevons Robotics
KORE Geosystems
Marteq Energy
Nova Terra Institute
Pilbara Solar
Red Dog Renewables
Rock-It
RocketDNA
SCG World
Smartlox
SpaceDraft
Succession Ecology
TOKN Technology
Vilota
WorkbenchX
