1 min read
There’s no escaping the fact that the mining and processing industry needs to keep up to date with the latest trends in technology.
The Industrial Internet of Things, artificial intelligence, Industry 4.0, big data, virtual reality and the role of technology in achieving the Paris Agreement targets and Net Zero are hot topics at industry conferences, in the media and online – and have been increasingly so since the COVID-19 pandemic.
But there needs to be a reality check.
As McCoy and Auret asked in their 2019 paper ‘Machine Learning Applications in Minerals Processing: A Review’, “should the current hype about machine learning be of interest to the minerals processing industry, or is this just another period of unrealistic optimism?”
The reality is that the digital transformation challenge keeps many CEOs up at night.
On top of this, CEO concerns over the risks associated with digital transformation investments have surged.
Front-line staff are not immune to the concerns relating to digital transformation either.
Workforces are often faced with receiving insufficiently scoped and planned deployments.
Alternatively, they’re being tasked to roll out programs that have been insufficiently aligned to requirements or lack the sponsorship, ownership and change leadership necessary for success.
So what are the secrets to making digital transformation work for your operation? And why are billions of dollars of investment missing the mark?
Interested in learning more about digital transformation?
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In this article, part five of our 6-part Digital Transformation Series, we examine a key question: Is digital transformation just about technology?
Digital Transformation potential and pitfalls
In this article, part four of our 6-part Digital Transformation Series, we delve deeper into the digital transformation potential and pitfalls and provide six questions you can ask yourself to help you avoid failure.
Download our digital transformation whitepaper
Click on the link below to download our full Digital Transformation whitepaper.
In this whitepaper, you will learn about the challenges facing miners in the post-COVID world and the impact of digital technologies in unlocking new levels of prosperity for both industry and society.