Data-driven savings

Jason Knuth Do more, with less. It sounds simple enough and is essential in today’s market, but is it really possible for a mining operation to cut costs without sacrificing productivity? Thanks to the rapidly growing base of connected products known as the Internet of Things (IoT), optimising mine performance to drive down costs per tonne is now more achievable than ever. The amount of data flowing off mining machines has grown significantly in recent years. Joy Global’s connected products worldwide now stream more than 60 000+ data points per second – more than double what was measurable just a few years ago. In the next five years, it is anticipated that number will grow to half a million data points per second. This surge of data is the result…

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