Digitalized open platform systems have been developed to put to force Internet of Things (IoT) technology and analysis of Big Data, as well as boost the use of automated vehicles and tools, with positive results for operational efficiency.
Fremont, CA: Digitalization in mining, including data collection, data transfer, and data analysis, is essential to improving productivity in the sector. However, the mining industry is still in the early stages of implementing these digital platforms. It is predicted that increased connectivity will, in the future, enhance the mining operation efficiency and also enable remote diagnostics and off-site analysis while helping in improvising the site safety.
The mine operators need to remain competitive, and for that, they must ensure that they are up to date with the latest technology, like IoT features. Improved connectivity will play a vital role in the future of mining and supporting the value chain. Digitalization has bestowed the mine operators with greater control over how the mines are run. The data summaries on all machinery provide insight into fleet performance, maintenance history, and material consumption.
With effective data analysis becoming a necessity, digital solutions are developing and evolving, and it will lead to a reduced down-time and increased efficiency in the mining industry. Taking into account the players in the market and the potential for future development, open platforms that allow integration of systems are essential.
Like any industrial development, a new generation of standards has to be formed coupled with training and widespread adaption to meet them. With a variety of options available in the market, the implementation of rules and regulations has shown to be complicated.
Companies have developed new techs that are specifically designed to improve connectivity, maximize fleet usage, and optimize maintenance and service planning.
See also: Top IoT Companies