The benefits of digital mining enterprises
Digital can create new ways to drive productivity, manage the variability challenges of the sector and pursue commercial excellence. With the right focus on digital, mining and metals companies can:
- Optimize plans and productivity rates across any operation and manage variability under any conditions
- Understand true end-to-end capability and systems bottlenecks, and support loss elimination
- Increase agility and responsiveness to changes in market factors, such as freight rates and customers’ buying behavior trends
Digital mining has been with us for over half a century, and the mining sector has embraced the introduction of new technologies, such as plant control systems, GPS technologies, mobile broadband and automated haulage. Notwithstanding the long journey that digital mining has already taken, the rate of recent development seems incongruous with the perceived opportunity.
“If the benefits truly are so large and game changing, why are the many established technological implementations not delivering on their full potential?” says Paul Mitchell, Global Mining & Metals Leader.
Having a clear understanding of the key elements of past successes and failures is critical to developing a truly transformational digital approach to the productivity challenge.