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Editor's Pick (1 - 4 of 8)
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How IoT Technology is Transforming the Mining Industry

CIOAdvisor Apac | Wednesday, November 03, 2021
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IoT technology is enhancing mining organizations by providing them with real-time data and helping them prevent accidents.

Fremont, CA:Technology is fundamentally altering how businesses work in the digital environment. Utilities, oil, gas, energy, manufacturing, and construction companies are implementing IoT solutions to run their operations more efficiently and at lower prices. Underground monitoring and control systems are essential for conducting particular activities and ensuring mining safety. As a result, the mining industry is looking to the Internet of Things to automate key activities and gain a competitive edge.

Here is how IoT is helping Mining organizations gain operational efficiency:

Improved safety

Even while technology has found out how to eliminate some of the risks in the mining industry, there are still some. Because the sensors will receive real-time information and predict any defective equipment or where difficulties may occur, IoT can help prevent the breakdown of unstable shafts. This allows for improvements to be done before anything goes wrong. Accidents can also be avoided by mining companies. Furthermore, in the event of an accident, an IoT-powered central system can enable better evacuation procedures and rescue operations.

Cost optimization

The primary motivation for mining companies to use IoT in their operations is to boost productivity and reduce costs. Miners can use massive collections of data, often known as big data, to uncover more cost-effective means of conducting their operations and further improve efficiency along these lines by installing sensors on mining devices and systems that monitor equipment. Sensor deployment can also reduce operational downtime by a substantial margin, since companies can use the data gathered to teach their machines and prevent damage.

Better plant design

Plant design is one of the first IoT applications in the mining industry. Each factory has its own set of hardware and a flow chart that explains the production process. In light of the principle during the underlying design, data collection devices like sensors are frequently not placed in specified spots in the flowsheet. When these wired gadgets are implemented, they become static, and adding or adjusting them is certainly difficult due to the capital-intensive and time-consuming process. Miners may now be much more versatile, thanks to IoT communications technologies. During production, they can move the sensor around and determine which location is best for data collecting.

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