The mining sector is facing many challenges, the most critical being the need for a step change improvement in productivity. The requirement to find ways to create sustainable productivity improvement and to survive the current phase of the price cycle are driving the imperative for a technology-led transformation in mining. Technology and data across IT and operations will play an increasingly important role in operating and managing mining operations. The force of the digital transformation that has had such an impact on other industries – recently from disruptive players like Uber, Air BnB and Tesla for example – is now impacting the mining sector and changing the way mining companies are thinking about technology in their operational context. The usual suspects of mobility, analytics, and cloud to drive down costs and improve efficiencies are in play, but are now being overlaid with real use cases for drones, robotics and the Internet of Things. Mining companies that can create insight, control and visibility through not only collecting and using their data, but creating a culture of continuous change enabling operational and work practice change will lead the industry in terms of safety, production and performance.
In this webinar, IDC Energy Insights will share our perspective of the digital transformation that is taking place in mining, sharing best practices from mining companies across markets globally and providing insights from IDC's market engagements across the globe. This includes, but will not be limited to, insights from market activities and survey insights from our 2015 mining survey of 180 mining companies globally such as:
• 28% of mining companies globally expect their IT budgets to increase despite current industry challenges.
• Technology is playing an increasingly critical role for investments with 70% of miners are looking at mine automation investments, 69% plan to look at centralized command and control and more than a quarter of miners are looking at the role robotics can play. Those companies that can create competitive differentiation will be in the best position to perform now and when commodity prices improve.
• Mining companies will increasingly create visibility, responsiveness and control through data insights. There will be a 30% increase in the mining companies utilizing analytics within operations in the next few years, particularly in energy, ore and supply chain management.
Join IDC Energy Insights Digital Transformation in Mining webinar to find out about the things you need to be doing within your organization and have your questions answered by IDC analysts Emilie Ditton, Head, Energy Insights Asia Pacific - lead analyst for IDC's global mining research, and Dr. Christopher Holmes, Managing Director, Insights Asia Pacific.