CIOAdvisor Apac

  • Home
  • Vendors
  • News
  • Conference
  • Whitepapers
  • Newsletter
  • Subscribe
  • About Us
  • Specials

  • Menu
      • Ad Management
      • Application Security Testing
      • Artificial Intelligence
      • BPO
      • Contact Center
      • Data Analytics
      • Deep Learning
      • Digital Marketing
      • Digital Transformation
      • Disaster Recovery Services
      • Disinfection and Sanitization
      • E-Invoicing
      • Ecommerce
      • Govt Tech
      • HubSpot
      • Human Resource
      • ICT
      • IoT
      • Laser and Photonics
      • Leadership Development
      • Logistics
      • Machine Learning
      • Marketing Technology
      • Mobile Application
      • Parking Management
      • Payment And Card
      • SDN
      • Telecom
  • Digital Transformation
  • Logistics
  • IoT
  • Payment And Card
  • Artificial Intelligence
Specials
  • Specials

  • Ad Management
  • Application Security Testing
  • Artificial Intelligence
  • BPO
  • Contact Center
  • Data Analytics
  • Deep Learning
  • Digital Marketing
  • Digital Transformation
  • Disaster Recovery Services
  • Disinfection and Sanitization
  • E-Invoicing
  • Ecommerce
  • Govt Tech
  • HubSpot
  • Human Resource
  • ICT
  • IoT
  • Laser and Photonics
  • Leadership Development
  • Logistics
  • Machine Learning
  • Marketing Technology
  • Mobile Application
  • Parking Management
  • Payment And Card
  • SDN
  • Telecom
×
#

CIO Advisor APAC Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Advisor APAC

Subscribe

loading
  • Home
  • News
Editor's Pick (1 - 4 of 8)
left
Artificial Intelligence (AI) Operated Petrochemical Plants

John Boot, CIO, Yutime

IT Strategy in the Age of AI

Kapil Mahajan, CIO, Safexpress

Responsible AI: The Human-Machine Symbiosis

Sal Cucchiara, CIO & Head of Wealth Management Technology, Morgan Stanley

Conquering Technological Transformation

David Kennedy, Group CIO, Transaction Services Group

Where is the Value in AI?

Mansoor Karatela, CIO, Brisbane Airport Corporation

Rpa 2.0-Top 5 Contributors For Accelerating The Transformation Of Large Enterprises

Jani Rahja, Head Of Intelligent Automation, Posti Group

How to Develop a Business that's Built to Last

David Hogan, VP Enterprise EMEA, NVIDIA

How do you create a unicorn- If you can't buy one?

Iacopo Ghisio, Head of Artificial Intelligence and Machine Learning Dept. at Gruppo MutuiOnline

right

THANK YOU FOR SUBSCRIBING

The Role of Machine Learning in Mining

CIOAdvisor Apac | Thursday, May 20, 2021
Tweet

The use of more advanced analytics eliminates the need for humans to venture deep into the mine in potentially risky conditions to assess issues and figure out what is going on.

FREMONT, CA :- Mining has always been a hazardous profession because extracting minerals, natural gas, petroleum, and other resources necessitate working in dangerous conditions. To extract the resources people still need and are increasingly being forced to travel to harsher climates, such as deep underneath the ocean or deep inside the planet. It is no wonder, then, that mining and resource extraction companies are turning to robotics, autonomous systems, and AI applications of all kinds to reduce risk, optimize profit, and reduce the environmental impact of their operations.

The mining industry employs a large amount of large, expensive machinery to carry out various operations both on-site and at a distance when the products need to be handled. Many of these machines have numerous sensors that provide large amounts of data that provide:

Insight into how the extremely expensive machines are operating.

The conditions in which they operate.

Their performance on specific tasks.

It is important to keep machinery up and running in order for the mining activity to begin. Any downtime or excessive repairs would result in substantial expense and problems for the mining company.

Before the use of machine learning to help provide greater insights into operations, the data coming in from the sensors was simply fed into the control loop, with no attempt to identify patterns or provide predictive analytics value. The application of machine learning has resulted in a change in the way that data is used. The company will gain considerably greater insight into what problems are currently happening, the evolution of how those problems are occurring, and trends that may lead to problems down the road by storing and constantly analyzing the massive quantities of sensor and other operational data.

Furthermore, the use of more advanced analytics eliminates the need for humans to venture deep into the mine in potentially risky conditions to assess issues and figure out what is going on. Predictive analytics also allows for more proactive and effective activities, from repairs to equipment purchases.

See Also :- Top Artificial Intelligence Solution Companies

 

tag

Predictive Analytics

Sensor

Featured Vendors

  • MVI Technologies: Innovative, Future-proof Financial and Payment Switching
    MVI Technologies: Innovative, Future-proof Financial and Payment Switching
  • Dell Technologies: Transforming the Present for the Future
    Dell Technologies: Transforming the Present for the Future
  • SAP Litmos: Where Learning Innovation is The Name of The Game
    SAP Litmos: Where Learning Innovation is The Name of The Game
  • Unis WDC: High-Performance Intelligent Storage Solutions
    Unis WDC: High-Performance Intelligent Storage Solutions
ON THE DECK

Read Also

IoT Investment in APAC to Reach $437B by 2025

Organizations are Now Focusing Towards Zero Trust Security

Ericsson to support Malaysia's Digital Transformation

Digital Transformation Trends Championing Smart Economy

Four Most Common Tools for Digital Transformation

IoT Powering a Brighter Future for Logistics Companies

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2022 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioadvisorapac.com/news/the-role-of-machine-learning-in-mining-nwid-2556.html