BIG DATA AND DIGITALISATION
solutions for heavy-asset operators which have
long-grappled with minimising maintenance and
repair costs, especially during the resources
downturn.
According to Dingo CEO Paul Higgins, Big Data
has become a buzzword across many industries,
but it is Thick Data that is producing real-world
solutions.
“Resources operators are gathering vast
amounts of data on their sites but are not always
able to apply the analytics in practical, effective
ways. Dingo is changing the way data is used. It’s
not just that we have the world’s largest
database of asset health information for the
mining industry – it’s that we combine this data
with real-life maintenance scenarios and
expertise to help operators make smarter, more
cost-effective decisions. It’s adding a layer of
context only humans can bring,” he said.
Using the power of thick data insights and big
data analytics, Dingo’s customers have so far
achieved more than $300 million in savings by
improving the health and extending the life of
more than 125,000 major components.
Dingo recently launched a new version of its
predictive maintenance software, Trakka ® 4.5,
and is now helping more than 180 operations
globally capture, curate, store and analyse even
more data to inform how and when they repair,
maintain and replace their assets.
According to Higgins, the mining industry is
not taking advantage of the data at its disposal.
“Less than 1% of available data in the mining
industry is being used. By unlocking the value of
this dormant data, the industry could save $100
billion in cumulative maintenance costs by 2025.
Mining operations have always understood the
importance of collecting data, but being
measurable doesn’t make it valuable.”
He adds: “By uniquely applying a layer of
context, or Thick Data, Dingo is now giving them
the power to access it more immediately,
understand it, and apply it quickly to real-world
situations,” he said. “And this leads to real-world
results. We all need to be operating with the
mindset that it’s more than just the technology —
it’s about keeping the people who use the
technology central to the process.”
Schneider Electric enhances digital
transformation in mining
Schneider Electric, a leader in digital transformation
of energy management and automation, has
announced enhancements to its Manufacturing
Operations Management (MOM) solution for the
mining industry. In-line with its long time strategy to
invest in software and service solutions for the
Mining, Metals and Minerals industries, Schneider
Electric says it is committed to help mining
organisations drive digital transformation across
their enterprise. “This initiative can help optimise
the mining supply chain, drive efficiency and
maximise utilisation of all operating assets,
resulting in better profitability.”
Mining companies are challenged with volatile
commodity prices, rising energy costs and
increased global competition. “These
organisations must shift focus to proactively
review internal processes, identify new process
improvement opportunities and leverage new
technologies to drive operational excellence
across the entire mining value chain.”
Schneider Electric says it offers mining
organisations an opportunity to digitally
transform their operations with highly accurate,
real-time visibility to information across
production, inventory and quality management
processes. Miners can now automatically log all
inputs and outputs of the plant in real-time,
including materials, consumables, energy, waste
and emissions output.
“This data, when made available to domain-
specific decision support tools and integrated
with supply chain and enterprise resource
planning systems, unlocks new levels of
intelligence to drive continuous improvement.
Eliminating manually entered production values
while breaking down pervasive operational data
silos can minimise time, errors and costs
associated with manual and duplicate data-entry,
further enhancing agility and efficiency.”
“Digitalisation is a force that can transform key
aspects of mining at every step of the value
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NOVEMBER 2017 | International Mining 21