29 January 2018
The new technologies unfolding in the 4th industrial revolution can drive the advancement of one of the oldest industries in South Africa – mining – and make a critical contribution to improved efficiency which, in turn, will protect jobs in this very labour intensive sector.
“Using an IoT technology platform provides mines with an interoperable data platform that can use legacy and non-legacy equipment to drive systems efficiency. This leads to the improved overall efficiency of a mine, reducing operational costs, increasing operating margins and profitability -ultimately protecting jobs and the lifespan of a mining operation,” says Eric Croeser, IoT.nxt Director of Partnerships: Mining.
IoT.nxt is partnering with global consulting powerhouse Deloitte and in association with enterprise resource planning company MineRP to introduce its strategies and innovative technologies for the mining industry at the African Mining Indaba, the world’s biggest annual mining business event, to be hosted in Cape Town from 5 February 2018.
“Digitalisation is one of the key themes of the 2018 Mining Indaba as the industry looks at new and innovative ways to improve its operations and ultimately profitability. Despite massive job losses in 2017 the mining industry remains a large employer in SA and continues to make a notable contribution to GDP,” Croeser says.
IoT.nxt and Deloitte will set up a live mining operation at Deloitte’s Greenhouse in Cape Town during the Indaba to provide actual demonstrations of how IoT technology is implemented across an entire mine.
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