Improving operational efficiency in mining and construction Heavy equipment industries are traditionally slower to adopt new technologies. Join CEDA as our speakers explore how the mining industry is leveraging innovation to re-imagine the mines of the future. Twitter. The CEO seeks to bring the group’s operations in line with the mine of the future by remodelling the business for growth and sustainability while using … Leading industrial digitalisation in mining operations. Digitalization in the mining industry: New opportunities ... Digitalization is the integration of digital technologies into everyday life by the digitization of everything that can be digitized. Home Industries Mining & Energy Answering questions on digitalisation in mining. Enter your details here to receive your free whitepaper. As effective data analysis becomes a necessity, digital solutions are developing and evolving. This digital evolution creates the opportunity for mining companies to fundamentally change the business model, unlocking much-improved customer service and customization, reducing costs in the value chain, improving safety, and creating opportunities for new businesses. Benefits of Digitalization in Mining… Strategic, Tactical and Operational. This event is a showcase and learning experience Digitalization in the mining industry therefore speaks of a journey towards interconnected, integrated operations with agile planning, integrated master business schedules, action tracking, rule based event escalation and management. And “better” really means lower operating costs, more actual yield in compliance with plans, improved standards of safety, and a higher regulatory compliance. The trip was combined with a series of discussions held with BCG’s global network of experts working in digital transformation, allowing the leadership team to see how the company’s future could involve a radical departure from MiningCo’s current business operating model. “As innovators, a big driver for us is connectivity and flexibility; we don’t expect every customer to log in every day.”. With physical products and a capital-intensive physical supply chain, mining remains one of the last industries to be … Mining firms today are facing a barrage of challenges that only a concerted focus on digitisation can address. Pretium Resources divests Snowfield property in British Columbia, Rio Tinto names new CEO following Juukan Gorge destruction, ABB to lead automation innovation for sustainable mining project. The gold standard: what can the industry learn from gold miners’ SDG efforts? The Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC for short) has drawn to a close for 2018. Last week, more than 200 leaders in the Latin American mining industry met in Santiago, Chile for Digitalization in Mining – Through the Rock. Over the past few years, digitalisation has had a significant impact on improving the efficiency of mining operations. Answering questions on digitalisation in mining. It is aimed at helping mining companies find solutions related to safety, sustainability, mine planning and operational efficiency. Oct 25. The 2-day summit, hosted by Sandvik, focused on leading-edge mining technology, and the digitalization journey contemporary mines face. The Southern African Institute of Mining and Metallurgy (SAIMM) hosted the Digitalization in Mining Conference online from the 14th to the 28th of July 2020. BCG is helping one mining company build the digital capabilities needed to thrive in the immediate future. 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