Technology helps mines ‘do more, with less’

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August 18, 2017 | 1 minute read


Technology helps mines ‘do more, with less’

18th August 2017

By: Simone Liedtke

In a world of disruption, mines need to be more agile and implement improvements more readily as new technologies are introduced, says software developer IoT.nxt, which is looking to enter the US market early next year, when it hopefully launches its services and technology strategies from Silicon Valley, in California.

The company explains that it is investigating whether there is demand for its services and how suitable its solutions are for the US market, as well as how the company should position itself when it does become immersed into the US market.

IoT.nxt mining partnerships director Eric Croeser says it is well known that the mining industry, especially in South Africa, is under pressure and facing a more complex business environment which demands new thinking. “The industry is looking for ways to mine more economically in response to the urgent need to create leaner operating environments and unlock efficiencies and cost savings. Owing to rising costs, mines simply have to do more with less.”

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