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HubFirms : Blog -Transforming The Mining Sector With IoT And ML
HubFirms : Blog -Transforming The Mining Sector With IoT And ML
Underground mines are always envisioned as dark and scary places full of supernatural elements. Where you can find precious metals. It is considered as a place filled with dust and dangerous gas particles which can cause several health problems. Where humans cannot survive, which cannot be accessed from the ground easily.
However technological advancements are enhancing the safety and accessibility of underground mines. IoT and Big Data Analytics are expanding at a great pace and have reached deep inside the earth. This has made mines more accessible than ever before.
Thousands of devices are now able to automatically upload millions of data points. This data reveals potential insights that were previously unattainable.
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Machine learning and artificial intelligence are rapidly evolving today and slowly beginning to reshape the mining sector. With the expansion of mining machinery and sophistication of equipment, the sector has gained immensely from these advanced technologies. These enhancements have led to an increase in operational efficiency and ramping down costs.
Machine learning deals with creating intelligent machines. Machine learning algorithms are the next step for digital mine transformation. It is successfully leveraged at different stages of mining to identify and unlock potential use cases.
From the prospecting and exploration stage to the actual mining process, machine learning and IoT is working in the following ways –
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The Evolution of IoT and Machine learning can simplify the complex mining tasks of extraction and processing. This transformation is enhancing productivity and cost savings. The good news is that deployment has become simpler by the use of edge and cloud computing. Harnessing big data gives incredible opportunities to the mining industry to efficiently leverage the enormous amounts of data to respond to new market opportunities. This also helps to build safe, sustainable and profitable mining operations and improve the lives of miners and the environment they are working in.
Building on decades of innovation, we together with mining industries is creating next-generation solutions.
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