Mining Digital May 2021 | Page 87

DATA & ANALYTICS

“ If it comes down to buying another truck or buying a data server , what ' s going to get more tonnes out of the ground ? But with the right data we can see what will actually benefit operations in the long term …”

JOE CARR MINNING INNOVATION DIRECTOR , AXORA
faster than the human eye , and predictive modelling for oil rigs which uses built-in sensors and AI to maximise production . Axora ' s proven digital solutions help to reduce wasted investment , avoid duplication and accelerate business growth .
Digitalization The World Economic Forum estimates digitalization can create value to the tune of $ 400bn across the coming decade . However , the emergence of ‘ digital mines ’ isn ’ t just about the numbers . Digitalization can transform mining into a far more sustainable enterprise by mitigating some of the big risks the industry faces . A digital mine can optimise operations , unleashing the power of data to understand and implement changes in the business .
With the right solutions it ’ s possible to effect radical changes in a process that is understood better . Solutions that have been road-tested across the oil and gas industry can deliver real benefits for mining companies , including early adopters like Glencore , explains Axora ’ s Mining Innovation
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