Data has become the driving force across industries, and the impact of advanced datarich techniques can be seen throughout the mining industry. Rapidly evolving technologies like artificial intelligence (AI) and machine learning (ML) are transforming how we extract our natural resources. The process of extracting minerals, natural gas, petroleum, and other resources is fraught with risks and has to be performed with utmost safety and precision. The extensive search for natural resources has pushed us further offshore and significantly increased the risks associated with the trade.
Given these circumstances, it comes as no surprise that there is an increased concern for the safety of workers, which has led mining companies to seek effective and innovative solutions. Robotics, autonomous systems, and AI applications are helping minimize risks, maximize return, and lower the environmental impacts. The amount of data generated during mining is immense. Thanks to advancements in technologies, mining companies have a plethora of options to leverage the collected data and improve business operations while bolstering the safety of mining staff.
The expensive machinery used in mining operations performs a wide range of functions and houses multiple sensors that collect data and provide insights into how the machinery operates. With the help of these insights, companies can track the performance of their machinery in real-time and prevent equipment failure and potential accidents. In addition, the use of advanced analytics and machine learning can eliminate the need for manual labor in dangerous situations. With predictive analytics, mining companies can work out efficient strategic plans to optimize their business.
With several companies providing mining safety solutions, it becomes necessary to identify the right solution provider that meets the evolving requirements of mining companies. To simplify and assist CIOs in identifying the most promising mining safety solution providers, Metals and Mining Review presents "Top 10 Mining Safety Solutions Providers - 2021."
A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the Metals and Mining Review editorial board has selected the most promising mining safety solution providers. In our selection process, we looked at the company's offerings, core competency, news/press releases, client testimonials, milestones, and other recognition.
