Atlas Salt Unifies Project Teams and Data with Oracle Cloud
Atlas Salt, a North American mineral developer, has implemented Oracle's project and financial management solutions to support the development of the Great Atlantic Salt (GAS) deposit. The project aims to produce up to 2.5 million tons of rock salt annually, marking North America's first new salt mine in nearly 30 years.
The company is utilizing Oracle Aconex, Oracle Primavera Cloud, and Oracle NetSuite to optimize operations, accelerate project timelines, and control costs. These integrated solutions are expected to save millions of dollars and reduce several months from the project timeline established in the May 2024 feasibility study.
The implementation provides Atlas Salt with enhanced collaboration capabilities, centralized planning, and improved financial efficiency through real-time tracking and enhanced financial forecasting. This integrated system aims to strengthen relationships with stakeholders and improve the company's position to secure funding from investors and lenders.
Atlas Salt, un sviluppatore minerario nordamericano, ha implementato le soluzioni di gestione progetti e finanziaria di Oracle per supportare lo sviluppo del deposito di sale Great Atlantic Salt (GAS). Il progetto mira a produrre fino a 2,5 milioni di tonnellate di sale rock all'anno, segnando la prima nuova miniera di sale in Nord America dopo quasi 30 anni.
L'azienda sta utilizzando Oracle Aconex, Oracle Primavera Cloud e Oracle NetSuite per ottimizzare le operazioni, accelerare i tempi di progetto e controllare i costi. Queste soluzioni integrate dovrebbero far risparmiare milioni di dollari e ridurre di diversi mesi il calendario del progetto stabilito nello studio di fattibilità del maggio 2024.
L'implementazione offre ad Atlas Salt capacità di collaborazione potenziate, pianificazione centralizzata e una maggiore efficienza finanziaria tramite il monitoraggio in tempo reale e previsioni finanziarie avanzate. Questo sistema integrato mira a rafforzare i rapporti con gli stakeholder e migliorare la posizione dell'azienda per garantire finanziamenti da investitori e finanziatori.
Atlas Salt, un desarrollador mineral norteamericano, ha implementado las soluciones de gestión de proyectos y finanzas de Oracle para apoyar el desarrollo del depósito de sal Great Atlantic Salt (GAS). El proyecto tiene como objetivo producir hasta 2.5 millones de toneladas de sal roca anualmente, marcando la primera nueva mina de sal en Norteamérica en casi 30 años.
La empresa está utilizando Oracle Aconex, Oracle Primavera Cloud y Oracle NetSuite para optimizar las operaciones, acelerar los plazos del proyecto y controlar los costos. Se espera que estas soluciones integradas ahorren millones de dólares y reduzcan varios meses del cronograma del proyecto establecido en el estudio de viabilidad de mayo de 2024.
La implementación proporciona a Atlas Salt capacidades de colaboración mejoradas, planificación centralizada y una mayor eficiencia financiera a través del seguimiento en tiempo real y predicciones financieras mejoradas. Este sistema integrado tiene como objetivo fortalecer las relaciones con las partes interesadas y mejorar la posición de la empresa para asegurar fondos de inversores y prestamistas.
아틀라스 솔트, 북미의 광물 개발업체는 오라클의 프로젝트 및 재무 관리 솔루션을 도입하여 그레이트 애틀랜틱 솔트(GAS) 광맥 개발을 지원하고 있습니다. 이 프로젝트는 매년 최대 250만 톤의 암염을 생산하는 것을 목표로 하며, 북미에서 거의 30년 만에 처음으로 새로운 염전이 생기는 것입니다.
회사는 오라클 아코넥스, 오라클 프리마베라 클라우드, 오라클 넷수트를 활용하여 운영을 최적화하고, 프로젝트 일정을 가속화하며, 비용을 관리하고 있습니다. 이러한 통합 솔루션은 수백만 달러를 절약하고 2024년 5월의 타당성 조사에서 설정된 프로젝트 일정을 몇 개월 단축할 것으로 예상됩니다.
이 구현은 아틀라스 솔트에 향상된 협업 능력, 중앙집중식 계획, 실시간 추적 및 향상된 재무 예측을 통한 개선된 재무 효율성을 제공합니다. 이 통합 시스템은 이해 관계자와의 관계를 강화하고 투자자 및 대출자로부터 자금을 확보하기 위한 회사의 위치를 개선하는 것을 목표로 합니다.
Atlas Salt, un développeur minéral nord-américain, a mis en œuvre les solutions de gestion de projet et financière d'Oracle pour soutenir le développement du dépôt de sel Great Atlantic Salt (GAS). Le projet vise à produire jusqu'à 2,5 millions de tonnes de sel gemme par an, marquant la première nouvelle mine de sel en Amérique du Nord depuis près de 30 ans.
L'entreprise utilise Oracle Aconex, Oracle Primavera Cloud et Oracle NetSuite pour optimiser les opérations, accélérer les délais de projet et contrôler les coûts. Ces solutions intégrées devraient permettre d'économiser des millions de dollars et de réduire de plusieurs mois le calendrier du projet établi dans l'étude de faisabilité de mai 2024.
L'implémentation offre à Atlas Salt des capacités de collaboration améliorées, une planification centralisée et une efficacité financière accrue grâce à un suivi en temps réel et à des prévisions financières améliorées. Ce système intégré vise à renforcer les relations avec les parties prenantes et à améliorer la position de l'entreprise pour sécuriser des financements de la part d'investisseurs et de prêteurs.
Atlas Salt, ein nordamerikanischer Mineralentwickler, hat die Projekt- und Finanzmanagementlösungen von Oracle implementiert, um die Entwicklung des Great Atlantic Salt (GAS)-Vorkommens zu unterstützen. Das Projekt zielt darauf ab, jährlich bis zu 2,5 Millionen Tonnen Steinsalz zu produzieren, was die erste neue Salzmine in Nordamerika seit nahezu 30 Jahren bedeutet.
Das Unternehmen nutzt Oracle Aconex, Oracle Primavera Cloud und Oracle NetSuite, um die Abläufe zu optimieren, die Projektzeiten zu beschleunigen und die Kosten zu kontrollieren. Es wird erwartet, dass diese integrierten Lösungen Millionen von Dollar einsparen und mehrere Monate von dem im Mai 2024 festgelegten Projektzeitplan reduzieren.
Die Implementierung bietet Atlas Salt verbesserte Möglichkeiten zur Zusammenarbeit, zentrale Planung und eine gesteigerte finanzielle Effizienz durch Echtzeit-Tracking und verbesserte Finanzprognosen. Dieses integrierte System soll die Beziehungen zu den Stakeholdern stärken und die Position des Unternehmens verbessern, um Mittel von Investoren und Kreditgebern zu sichern.
- Expected to save millions of dollars in project costs
- Anticipated reduction of several months from project timeline
- Project capacity of 2.5 million tons of rock salt annually
- First new North American salt mine in nearly 30 years
- None.
Insights
The Atlas Salt implementation represents a modest but strategically important win for Oracle's cloud portfolio. While the immediate revenue impact is given Atlas Salt's size, this deal carries broader significance for Oracle's position in the mining sector. The integration of Primavera Cloud, Aconex and NetSuite demonstrates Oracle's ability to provide end-to-end solutions for complex industrial projects.
The key value proposition centers on potential cost savings and timeline reductions for Atlas Salt's
However, the revenue impact for Oracle is likely minimal relative to its
The implementation of Oracle's integrated project management suite by Atlas Salt marks a significant modernization effort in North America's mining sector. The Great Atlantic Salt project's position as the first new salt mine in nearly 30 years makes it a closely watched benchmark for modern mining operations.
The integration of real-time tracking and enhanced financial forecasting capabilities is particularly noteworthy for mining operations, where equipment delays and supply chain disruptions can severely impact project timelines and costs. The ability to incorporate potential delays for critical mining machinery directly into project planning represents a substantial operational advantage in an industry where equipment lead times can extend 12-18 months.
While the projected 2.5 million tons of annual rock salt production is modest by industry standards, the digital infrastructure being implemented could position Atlas Salt as a model for efficient, technology-driven mining operations. This could influence industry standards for project management and operational efficiency in future mining developments.
Oracle's integrated deployment of Primavera Cloud, Aconex and NetSuite represents a comprehensive digital transformation approach that's particularly well-suited for complex industrial projects. The solution's emphasis on creating a "single source of truth" for project data addresses one of the mining industry's persistent challenges - fragmented information systems and siloed data.
The integration between field operations and financial systems is technically sophisticated, enabling real-time updates to project schedules based on field contractor feedback. This level of system integration typically reduces data entry redundancy by
The platform's ability to manage complex project dynamics while maintaining regulatory compliance and stakeholder communication channels showcases Oracle's competitive advantage in enterprise-grade cloud solutions. The system's scalability and security features are important for mining operations where project scope and regulatory requirements often evolve.
North American mineral development company elevates project and information management and financial efficiency with Oracle Primavera Cloud, Aconex, and NetSuite
With the Oracle solutions, including Oracle Aconex, Oracle Primavera Cloud, and Oracle NetSuite, Atlas Salt will be able to optimize its operations to accelerate project timelines, address potential supply chain disruptions, and help control costs. For instance, Atlas Salt will be better able to manage long lead times for critical equipment, such as mining machinery and transformers, by incorporating potential delays directly into the project plan. Atlas Salt anticipates that efficiencies unlocked by these tools will save millions of dollars and cut several months off the project timeline set out in the feasibility study for the GAS Project issued on May 1, 2024.
"Oracle's project and financial management solutions have given us a reliable and secure technology backbone that is helping transform how our teams collaborate and communicate," said Andrew Smith P. Eng, ICD.D, Mine Project Manager, Atlas Salt. "By providing a single source of truth for our data, including drawings, approvals, and documents, we can quickly incorporate feedback from in-field contractors into our project schedules, helping us stay agile and proactive in addressing any scheduling issues or risks. We anticipate that the collaborative tools and methodologies provided by these solutions will result in significant time and cost savings that set us up to achieve our goal to deliver the GAS Project as
Enhancing collaboration, transparency, and financial efficiency
Oracle Aconex is supporting Atlas Salt's work on the Great Atlantic Salt deposit - now moving into its execution phase - with critical capabilities for collaboration and change, as well as information and cost management. In tandem, Oracle Primavera Cloud is connecting data and teams through centralized planning and scheduling. This is helping maximize resources, minimize risk, and keep projects on track. In addition, Atlas Salt will use NetSuite's enterprise resource planning system to help improve visibility across the business, optimize corporate budgeting, and simplify procurement processes.
With the integrated Oracle system, Atlas Salt will have the critical visibility and accountability to drive efficiency across operations and strengthen relationships with key stakeholders, including regulatory bodies and local communities. In tandem, real-time tracking and enhanced financial forecasting will help Atlas Salt improve cash flow management and maintain the financial discipline required to attract potential new funding from investors and lenders.
"By integrating project budgets, schedules, and workflows into a single, integrated system, Atlas Salt can better manage complex project dynamics and make real-time adjustments to work plans and financial forecasts," said Mark Webster, senior vice president and general manager, Oracle Construction and Engineering. "Oracle's solutions bring teams together and enable Atlas Salt to present more robust and transparent financial models to potential investors, strengthening its position to secure funding and ensure long-term project success."
About Atlas Salt
Atlas Salt Inc. is developing
About Oracle Construction and Engineering
Asset owners and project leaders rely on Oracle Construction and Engineering solutions for the visibility and control, connected supply chain, and data security needed to drive performance and mitigate risk across their processes, projects, and organization. Our scalable cloud construction management software solutions enable digital transformation for teams that plan, build, and operate critical assets, improving efficiency, collaboration, and change control across the project lifecycle. www.oracle.com/construction-and-engineering.
About Oracle NetSuite
For more than 25 years, Oracle NetSuite has helped organizations grow, scale, and adapt to change. NetSuite provides an integrated system that includes financials / Enterprise Resource Planning (ERP), inventory management, HR, professional services automation and omnichannel commerce, used by more than 40,000 customers in 219 countries and dependent territories.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company--ushering in the new era of cloud computing.
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SOURCE Oracle
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