rovjok

Rovjok is a Finnish company specializing in digital solutions for the raw materials industry. The company's primary offering is a digital platform that enhances supply chain visibility in the raw materials sector through the use of satellites, open data, and artificial intelligence. Rovjok's solution provides a unified view across the raw materials value chain, from geological origin to final product, enabling users to perform advanced business and operational analytics in near real-time. The platform allows for the simulation of different operating scenarios, facilitating faster and more informed business decisions.

The company's technology has been applied to various aspects of the mining and metals industry. In 2020, Rovjok's analytics and mobile solutions helped maintain the safety of over 4,000 mine site workers and 200,000 tonnes of annual copper production. The company has also expanded into North America, assisting customers with cycle time analytics for complex logistics optimizations. Rovjok has been working on advanced image machine learning techniques to identify artisanal mining activity from satellite imagery, a technology that continues to be a focus area for the company. As of June 2021, Rovjok reported an average revenue increase of 63% year-on-year, with a significant portion being export-driven. The company has been profitable since its inception.

Key customers and partnerships

Rovjok's clientele includes some of the largest mining operations globally. The company has been providing optimization solutions for significant copper supply chains through advanced Mine-to-Mill solutions that incorporate AI and machine learning. Rovjok has been involved with EIT RawMaterials, participating in their Booster programme, RawMatCop, and RawMaterials Summit. The company is also a member of the European Raw Materials Alliance (ERMA). This involvement has fostered collaborations and development projects, contributing to the company's growth and strategic development.