General

About Company
Paradyn Systems provides mining value-chain scheduling, planning and management optimization software.

Industry

Sector :

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founded date

01.01.2012

Number of employees

Company Type

For Profit

IPO status

Private

Description

The company's BlendOpt application uses mathematical optimization and artificial intelligence algorithms to help clients in the coal, iron ore, metals and mineral sands industries make optimized business decisions, improving efficiency and value. The software can integrate operational, tactical and strategic decisions, reconcile forecasts with actuals, optimize product portfolios and understand the impact of decisions up and down-stream. Paradyn's founders hold PhD and post-doctoral qualifications in mathematical optimization, and the company's software has been commercialized from their research. Major customers include Glencore, BHP, Vale, and Anglo American.