Mining Magazine August 2015 | Page 16

TECHNOLOGY
Tech 2
operate with optimal efficiency .
“ Lots of these machines have been sending data for more than 30 years , but we did not have the ability to use it ,” says Al Frese , solutions and technology manager for mining sales and support at Caterpillar . “ Now we have that and can do it effectively across many different sites .”
US-based Caterpillar Inc . is a major player investing in the Internet of Things . Last year , the company spent $ 2.14 billion on product-oriented research and development alone .

‘ For the mining industry , the Internet of Things holds unlimited potential as the future could consist of flying drones , automatic drill rigs , trains and driverless trucks ’

16 August 2015