The revolution in mining
In the digital era, technology is meticulously changing how organisations operate and perform day-to-day tasks. Asset-intensive organisations like oil and gas, utilities, energy, manufacturing, and construction increasingly deploy advanced automation solutions to conduct operations more productively and at lower costs. The population is growing continuously, and there is an increased burden on the mining business. With every industry utilising new technologies to boost proficiency and cost savings, the mining industry is also in the race. There is a critical need to adapt real-time monitoring and control systems while conducting the operations to guarantee mining safety.
Hence, the mining industry is looking for advanced automation solutions to gain an edge. According to a study available on the internet, 70 per cent of mining organisations worldwide believe that advanced automation and industrial IoT solutions would give them a significant advantage against competitors. Nonetheless, advanced automation and industrial IoT technology have been around for some time now, representing connected machines and sensors. However, the mining industry has been slow to accept this technology, frequently deciding to stay with traditional and manual processes.