Research shows Internet of Things growing in use to enhance efficiency, safety and more.
Also features free IoT maturity tool for miners to measure readiness versus competition
The latest research study conducted by
Specialist market research company
'The Rise of IoT in Mining' is the third IoT-focused research project undertaken by
According to the research, most organisations (65%) have fully deployed at least one IoT project, while 33% are trialling or have trialled a project, with only 2% of respondents not having begun an IoT project. These findings echo the predictions reported in
While this increase in full deployments represents progress, the use cases and data management are on the simple side and there are many challenges to overcome if the mining industry is to fully realise the potential of IoT, particularly in regard to using it as driver for organisational change. A lack of skills, investment and cultural challenges, as well as unreliable connectivity, patchy cybersecurity processes and under developed data management processes were also highlighted in the report and will all need to remedied in the coming years.
Commenting on the study,
The mining industry faces significant challenges around skills, security, connectivity, investment and data management and these will need to be addressed for the industry to progress past a point of using IoT in a simple, siloed capacity. Despite the challenges being faced, mining organisations are looking to increase their investment in IoT and are overwhelmingly positive about the value of that the IoT can bring to their operations and the benefits it is either already delivering or will deliver in the future.
Carr concluded: 'We want to help drive IoT adoption in the mining sector and encourage mining companies to plot a route to IoT success using our free online IoT Maturity Tool. The tool allows miners to understand their progress in IoT adoption across a number of areas and to compare this with the 200 respondents who contributed to our research. Using these findings miners can start to develop a roadmap for improvement and provide a tangible proof point for influencing internal conversations.'
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