GOLDCORP INC .
intelligence , for example .
“ These are quickly influencing and challenging our conventional business model . Therefore , we have to be adaptive and really understand how we can transform our business model going forward .
“ While digitisation gets the right data to the right people to make decisions more quickly , we haven ’ t limited innovation simply to digitisation . Goldcorp ’ s ambitious Towards Zero Water strategy is one example . Through both continuous improvements on our recycling rates and breakthrough innovation , the target is to reduce freshwater consumption to zero . We ’ re fundamentally re-thinking every aspect of our business to be safer , more productive and more responsible .”
The team at Goldcorp have ambitious plans for the future . Last year , it launched an impressive plan to increase its production by 20 %, lower all-in sustaining costs by 20 %, and grow its reserves by 20 %, all by 2021 .
Undoubtedly this goal wouldn ’ t be possible without the concerted efforts of its digital strategy .
“ I truly feel that the next wave of productivity gains are going to
“ Digitisation can really help us determine what metal we should focus on and what operating model we need to use ”
TIM KAHL
General Manager of Operations at Goldcorp
18 June 2018