Riverside acquires mining software solutions company Dingo

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Riverside acquires mining software solutions company Dingo
 

Dingo Software, a Queensland-headquartered company focusing on predictive maintenance solutions for the mining industry, has announced that global private investment firm The Riverside Company has acquired a majority stake in the business.

Under Riverside’s ownership, Dingo will fast-track investments in AI, while the company continues to operate independently with its current leadership and team.

Dingo positions itself as a partner for mining operators seeking to reduce major component failures, improve equipment reliability, boost production and lower maintenance costs.

Its software platform Trakka connects to customer's existing systems and IT infrastructure to collect and analyse all condition monitoring data, identify the root cause of impending issues and deliver the right corrective actions.

Dingo’s Trakka Asset Health Manager enables asset-intensive operations to access, understand, and act on an equipment’s condition. The Trakka app is part of a suite of tools designed to help teams manage and maintain equipment health.

The app consists of Trakka Insights, enabling users to see equipment health at a glance, recommended actions, and then track progress through resolution, and Trakka Inspect, allowing technicians to perform equipment inspections and condition reporting from the field – all from a mobile device.

Dingo COO Craig Banks said the company has already begun deploying AI agents to harness insight from its extensive contextual asset health data.

"With Riverside now onboard, we’re positioned to scale rapidly into more autonomous maintenance decision-making and predictive analytics," he said.

"Our roadmap is bold, pragmatic, and already in motion. Riverside shares our vision and is investing with conviction to help us accelerate progress for the betterment of mining operations globally.”

Dingo claims that over 250 operations across six continents use Trakka to manage $14 billion of equipment, including Newmont, Capital Power, Rio Tinto, Glencore and more.

Last year, MSP Virtual IT Group secured investment from Riverside for an undisclosed amount.

Riverside has been contacted by techpartner.news for comment about the Dingo acquisition.

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