MINING EQUIPMENT + INTERNET OF THINGS
Rob Charter , a group president at Caterpillar , has said that the company wants to surround customers with a tech-savvy suite of products and services . It ’ s about moving beyond simply making machines , he ’ s noted .
“ Originally , when we built product , it was about the product ,” Charter said . “ What we think about all the time these days — and you ’ ll see it more and more in people ’ s thinking — is how do we make a customer successful ? And if they ’ re successful and they rely on us , then we ’ re successful .”
Unlimited potential The Internet of Things is expected to take the mining industry into a new helm of operational excellence .
In its 2013 report called Disruptive Technologies : Advances that will Transform Life , Business and the Global Economy , the McKinsey Global Institute stated that the Internet of Things will be largely used by the mining industry in the near future for data collection , monitoring process , decisionmaking and optimizing workflows .
For the mining industry , the Internet of Things holds unlimited potential as the future could consist thiess-mining-equipment
of flying drones , automatic drill rigs , trains and driverless trucks . The technology will not only optimize processes , but it will prevent accidents , predict maintenance and even help companies conserve their resources like water and electricity .
NFL coaching legend Vince Lombardi once said : “ Perfection is not attainable . But if we chase perfection , we can catch excellence .”
With the mining industry adopting new technologies and taking loT under its wing , the industry could reach new levels in coming years .
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