INDUSTRY X . 0
Increase efficiency and reduced operational costs Making mines “ smart ” has the effect of lowering operational costs . In a smart mine , key assets are digitized by embedding smart sensors that report data to a central system via a wireless network . Many of the same use cases of smart mining technology mentioned above not only improve mine safety , but also help to reduce operational costs .
Wireless monitoring systems that relay real-time data lower operational costs in a number of ways :
• Reduced reliance on paying human resources
• Reduced reliance on vehicles and petrol costs for data and asset collection
• No need for expensive cabling and system maintenance operations
• Maintaining critical assets more effectively increases return on investment
Asset visibility Having real-time visibility of mining assets allows you to track the location of your mining equipment when you need to use it . This is especially useful as self-driving machinery becomes more widely adopted
66 May 2021