Digital mine transforming the industry: A glimpse at the role of IOT
As mining companies around the world grapple with colossal challenges of cost-reduction schemes and improving site safety, there are several key themes emerging that focus to have a wide-reaching impact on the success of its operations.
The internet of things (IOT) is a technological paradigm imagined as a global network where devices or mechanical machines will seamlessly interact. IOT is an emerging technology that will revolutionise all application domains to impact and drive development of starting from smart homes, smart cars, smart offices, smart cities, farming/agriculture, security, automobiles, healthcare, industrial production and transportation. As such, Maredi Technologies has come up with IOT solutions that enable organisations to adapt with technology that is evolving.
The IOT is the extension of internet connectivity into physical devices and everyday objects. Embedded with electronics, internet connectivity and other forms of hardware, these devices can communicate and interact with others over the internet, and they can be remotely monitored and controlled. This will play an integral role in the mining industry. IOT will be used as a means of achieving cost and productivity optimisation, improving safety measures and developing their artificial intelligence needs.
Some of the IOT solutions that Maredi Technologies offers, together with its strategic technology partners, are asset management, security (intrusion detection), process optimisation and smart industries (including mining).
Considering the numerous incentives IOT brings, many large mining companies are planning and evaluating ways to start their digital journey and digitalisation to manage day-to-day mining operations. For instance:
- Cost optimisation and improved productivity through the implementation of sensors on mining equipment and systems that monitor the equipment and its performance. Mining companies are using these large chunks of data – 'big data' – to discover more cost-efficient ways of running operations and reduce overall operational downtime.
- Ensure the safety of people and equipment by monitoring ventilation and toxicity levels inside underground mines with the help of IOT on a real-time basis. It enables faster and more efficient evacuations or safety drills.
- Moving from preventive to predictive maintenance
- Improved and fast decision-making – the mining industry faces emergencies almost every hour with a high degree of unpredictability. IOT helps in balancing situations and in making the right decisions in situations where several aspects will be active at the same time to shift everyday operations to algorithms.
Maredi Technologies recognises that IOT networks will demand constant, reliable internet to keep devices connected to one another. Without it, these devices will have difficulty sharing and collecting data. The adoption of 5G will aid the fundamental change, unleashing a powerful combination of extraordinary speed, expanded bandwidth, low latency and increased power efficiency that will be driving billions of connections.
As a highly innovative company, we are working relentlessly with our various partners to build local capacity to fast-track timely development and implementation of technology that immediately resolves your technological challenges through early adaptation of various technological solutions.
Maredi Technologies can provide tailor-made solutions that can help meet your requirements for your current and future IOT projects. We can deliver a robust, high-performing internet-based solution wherever your mining operation needs it, to optimise your business processes.