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Smart Connected Technology for Mining. A Harvard Business Review explained Connected Technology as: Past products were made up of mechanical and electrical components, but are now a complex mix of technologies, including sensors, data storage, microprocessors, software and communication.
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A Harvard Business Review explained Connected Technology as: Past products were made up of mechanical and electrical components, but are now a complex mix of technologies, including sensors, data storage, microprocessors, software and communication. This technology change is driving a rapidly evolving set of new products which is opening possibilities to improving operating efficiency. Smart Connected Technology WHAT IS SMART CONNECT TECHNOLOGY?
Survey Results 92% of respondents reported that they would increase their investment into Digital Technologies with no planned cuts. 90% reported an increased investment dedicated to Digital Technologies. 74% reported the biggest impact would be the improvement in productivity. 56% reported that their biggest impact would be supply chain optimization. Smart Connected Technology WHY THE MOVE TO SMART CONNECT TECHNOLOGY?
Accenture Survey results Smart Connected Technology Digital technology in mining operations Areas where Digital Technologies are being most employed in mine operations
The effective use of Big Data will become the basis for driving efficiency-based decisions involved in an endless loop of continuous learning and improvement. Automation of both mobile and fixed plant is high on the agenda to drive efficiency into the business. Real-time feedback and reporting enables decisions to be made quickly and have a dramatic impact on ensuring targets are met and predicting machinery breakdowns including: • Condition based asset reporting • Optimised fleet management • Production data • Systems performance Smart Connected Technology BIG DATA FOR EFFICIENCY
Smart Connected Technology Five areas of digitization McKinsey Survey results
Fewer breakdowns Decrease in unnecessary maintenance Improved safety for personnel and machinery Higher productivity Lower operating costs Smart Connected Technology The return on investment can be measured by
Smart Connected Technology Advancements IN Mining technology
Smart Connected Technology Traditional mine VS connected mine
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