Mining is the Latest Industry to Go Digital

It is an act of madness to run a business without utilizing technology. A truth that becomes universal every passing year. Technological innovation benefits a business in a variety of ways. It enhances operations, processes, reduces costs, maximizes profits, and enables companies to operate in global markets. However, for many industries the implementation of current technology is a difficult prospect. Older business that existed before the technology boom are still paper, lack automated systems for simple procedures, and work primarily offline. Such was the state of the mining industry before digital transformation.
Digital transformation is the act of converting a paper business into a digital enterprise. Following this procedure, many industries are optimizing their infrastructure, allowing for better profits, cut costs, faster service, efficiency, and productivity. The mining enterprise is no different. Currently it is a enjoying a booming global market. Growth registers across the board from the U.S., to China, and even to Europe. This has led many businesses to expand their interests. Vale, a metals and mining corporation, stretched its practice across 27 countries in the past decade with investments totaling around $120 billion. In the wake of such investments came a list of problems. How would they manage distant assets? How would they maintain the supply chain? What about the effectiveness of the workforce? Enter digital transformation, which promised actual solutions through use of various technology. For example, automated systems that boost workforce efficiency. By simply replacing the dated process of asking someone to purchase processes, Vale automated the system. In the past requisitions, supplies, and replacement parts for damaged equipment had to go through an intermediary. Employees had to give them a request they would then pass on. A dated and time-consuming exercise. An automated system is point and click; it does the same service, but faster and more efficiently.
Through digital transformation, industries like mining can now enjoy more success than ever before, by embracing the technology around it.

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