Mining Magazine August 2015 | Page 15

MINING EQUIPMENT + INTERNET OF THINGS
to predict and eliminate potential problems . The Internet of Things has the power to take mining equipment and operations to new heights .
Technology research consultant Gartner Inc . expects the number of connected products in the mining industry to rise from 24 million in 2014 to 90 million by 2020 . According to the consultant firm , the 25 percent increase in mining connectivity is among the fastest in the industry sectors .

‘ Technology research consultant Gartner Inc . expects the number of connected products in the mining industry to rise from 24 million in 2014 to 90 million by 2020 ’

New era for mining The Internet of Things is expected to ring in a new era for mining operations and equipment . With the way things are going for the commodities sector , it couldn ’ t be any sooner .
“ Ten years ago , these were dumb bits of equipment . If the computer in the office fell over , who cared ? Now underground mines are full of optical fiber and bits of equipment that talk to one another ,” said Mike Elliot of EY in Australia .
For one , loT will assist in the predictive / preventative maintenance for mining vehicles , which has become increasingly important in recent times . Through the use of sensors , companies will have the ability to monitor everything from fluid temperatures , engine speed , gear position and brake pressure . Information from the sensors will be relayed to a remote monitoring center that will then alert the equipment operator of potential trouble before it happens . The technology will provide data analytics of the truck performance data to prevent unnecessary maintenance events and to reduce the time to repair the truck during unplanned maintenance events .
Similar to the film , loT also has the ability to empower mining equipment in order to function and
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