Why Cost savings aren’t all they seem in the mining industry
Sumit Sharma, Managing Director of Industry 4.0 at Accenture Australia, explains the reason why cost savings aren’t all they seem in the mining industry. Mining companies are awash with isolated digital projects that appear to be delivering benefits. But appearances can be deceptive. Understanding the true impact of a digital project requires miners to focus on value by mastering the “Golden Thread” – the flow of data that runs through all the situations and contexts with which each asset interacts. The concept of the “connected mine” is very well established. In…
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