Christchurch-based geological modelling software specialist Aranz Geo narrowly missed taking the top accolade at the 2013 New Zealand International Business Awards.
That prize, the supreme award, went to agri-test company Tru-Test. Aranz Geo received the first special commendation in the history of the awards.
Aranz Geo also won the ‘ANZ Best Business Operating Internationally – Under $10million’ category. Two years into its three-year place, the company saw revenue, profit and market share grow 300 percent. The number of software licences has tripled to 934 and the company now has thousands of users.
Award judges described the application of Geo’s technology to mining geology as revolutionary.
They say: “No other company is making similar software and after considerable scepticism Aranz has now sold to all major global miners…its discipline speaks of a much bigger company and its Fort Knox client list is a testament to that discipline. Its transformation has been nothing short of incredible”.
NZTE runs the awards and they are sponsored by ANZ.
Another specialist software business, Auckland-based Gentrack, took the prize for the best business operating internationally in the $10 million to $50 million category. Gentrack Velocity is a specialist billing, CRM and Meter Data Management product for energy and water utilities. Gentrack also sells an airport management system.