THE CONNECTED MINE evolution - Rockwell …...Title Digitization in the Mining Industry Market Study...
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2 out of 3 miners struggle to integrate data across systems …Data has been around a long time. One of the greatest challenges for digital transformation is actually turning it into something useful. Former General Manager, Rio Tinto Productivity doesn’t necessarily mean more tons, but it may mean that you get those tons with lower inputs, less fuel, less labor, less time, fewer parts. Former General Manager, Rio Tinto Ltd. Top priorities for digital transformation NEXT THREE YEARS AFTER THREE YEARS Increase operational efficiency Increase operational efficiency OEE for optimized asset utilization and machine health Achieve supply chain integration Decrease energy usage for enhanced sustainability and reduced costs Guide management thinking and forward decisions Resource and organizational challenges affecting digital transformation initiatives Where mining companies currently stand in their digital transformation We surveyed mining executives to learn how their companies are approaching digital transformation and IIoT initiatives. Here’s what we found. evolution THE CONNECTED MINE The key to propel your digital transformation is to find the right partner. 32 % 14 % 8 % 9 % 25 % 10 % 2 % Exploring/ fact-finding Planning Request for proposal/ supplier selection Proof-of- concept Implementation Continuous process improvement with at least one initiative completed All planned initiatives implemented CONCLUSION Those who make a long-term commitment to digital transformation will reap the benefits of a Connected Mine – and future innovations. An industry insider who has served as chief information officer (CIO) for two global companies summarized the opportunities succinctly: I strongly believe that a company that doesn’t seriously go into digital transformation today will not be in business 10 years from now … companies who push digital transformation further, maintain their investments over five, six years … will end up eventually having competitive advantage. 36 % 30 % 39 % say their workforce lacks the required skills have not yet developed a digitization strategy struggle to integrate legacy infrastructure 52 % 21 % 20 % 7 % Software and hardware Professional services Internal resources Other expenses SEE HOW WE CAN HELP HONORABLE MENTIONS: 27% Lack of funding for initial upfront CAPEX 25% Unclear ROI 23% Culture does not support continuous improvement cycles 23% Pace of technology change making timing of investment difficult Mines have a plan to allocate their digital transformation budgets over the next three years Publication number: MIN-SP006A-EN-P - April 2019 Copyright © 2019 Rockwell Automation, Inc. All Rights Reserved.
Transcript of THE CONNECTED MINE evolution - Rockwell …...Title Digitization in the Mining Industry Market Study...
2 out of 3 miners struggle to integrate data across systems
…Data has been around a long time. One of the greatest challenges for digital transformation is actually turning it into something useful.
Former General Manager, Rio Tinto
Productivity doesn’t necessarily mean more tons, but it may mean that you get those tons with lower inputs, less fuel, less labor, less time, fewer parts.
Former General Manager, Rio Tinto Ltd.
Top priorities for digital transformation NEXT THREE YEARS
AFTER THREE YEARS
Increase operational efficiency
Increase operational efficiency
OEE for optimized asset utilization and machine health
Achieve supply chain integration
Decrease energy usage for enhanced sustainability and reduced costs
Guide management thinking and forward decisions
Resource and organizational challenges affecting digital transformation initiatives
Where mining companies currently stand in their digital transformation
We surveyed mining executives to learn how their companies are approaching digital transformation and IIoT initiatives.
Here’s what we found.
evolutionTHE CONNECTED MINE
The key to propel your digital transformation is to find the right partner.
32%
14%
8% 9%
25%
10%
2%
Exploring/ fact-finding
Planning Request for proposal/supplier
selection
Proof-of-concept
Implementation Continuous process
improvement with at least one initiative
completed
All planned initiatives
implemented
CONCLUSIONThose who make a long-term commitment to digital transformation will
reap the benefits of a Connected Mine – and future innovations. An industry insider who has served as chief information officer (CIO) for two global
companies summarized the opportunities succinctly:
I strongly believe that a company that doesn’t seriously go into digital transformation today will not be in business 10 years from now … companies
who push digital transformation further, maintain their investments over five, six years … will end up eventually having competitive advantage.
36%30%39%say their workforce lacks
the required skillshave not yet developed a
digitization strategystruggle to integrate legacy infrastructure
52%
21%
20%
7%
Software and hardware
Professional services
Internal resources
Other expenses
SEE HOW WE CAN HELP
HONORABLE MENTIONS: 27% Lack of funding for initial upfront CAPEX
25% Unclear ROI
23% Culture does not support continuous improvement cycles
23% Pace of technology change making timing of investment difficult
Mines have a plan to allocate their
digital transformation budgets over the next three years
Publication number: MIN-SP006A-EN-P - April 2019Copyright © 2019 Rockwell Automation, Inc. All Rights Reserved.
