Matamec Partners with Necando Solutions Matamec Explorations Inc.
TSX VENTURE : MAT
OTCQB : MHREF
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April 20, 2017 07:59 ET
Matamec Partners with Necando Solutions to Leverage IBM Cloud and Artificial Intelligence Technology
Data collected during the course of Matamec's innovation activities at the Kipawa Rare Earths project will be exploited through the use of IBM cloud and artificial intelligence technology, in order to discover new models that will optimize the project
MONTREAL, QUEBEC--(Marketwired - April 20, 2017) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQB:MHREF) is pleased to announce a collaboration with Necando Solutions that will leverage cutting-edge technology to mine data generated through its research activities. The goal of this initiative is to take advantage of IBM's tool, including the cognitive technology known as Watson, to process a large volume of data and discover models that will enable the optimization of the Kipawa Rare Earths project.
Since 2015, Matamec has been working to develop innovative ways to improve and optimize mining operations as well as metallurgical processes at Kipawa. These innovation-related activities are summarized in the diagram below:
Kipawa Innovation Diagram: https://media3.marketwire.com/docs/IBMcloud.jpg
"Our work to improve the Kipawa project over the past two years has been generating a lot of data that would take researchers years to process," explained Andr Gauthier, Matamec's President and CEO. "By working with Necando to leverage the power of IBM's artificial intelligence and data cloud platforms, we will be able to process the data to optimize all aspects of the project much more quickly and effectively."
About Necando
Necando Solutions is a strategic consulting firm specializing in information technology solutions. It offers a full spectrum of technology services, from analysis to integration and development. It has a strong reputation for excellence based on individual customer experiences.
As an elite partner of IBM, they have a team of seasoned, mobile and bilingual experts who are committed to meeting the expectations of their clients. Their team excels at proposing solutions to the challenges that arise in an ever-changing technological and commercial landscape.
At Necando Solutions, the use of technology and process optimization, together with effective change management planning, stimulates innovation and drives sustainable growth.
About Matamec