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Worldwide mining 2018 predictions

Page 1

Worldwide Mining Industry Predictions 2018

Source: IDC

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Worldwide Mining

2018 Predictions

1

Mining companies that focus on integrating silos, creating capabilities to enable data insights, and instilling a culture that embraces change will deliver industry-leading efficiency improvement of up to 20% by 2019.

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Worldwide Mining

2018 Predictions

2

Companies that prioritize digital transformation at the executive level by 2019 will deliver productivity, efficiency, and/or revenue gains of up to 25%.

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Worldwide Mining

2018 Predictions

3

By 2020, 50% of mining companies currently at stages 1 and 2 of IDC's DX maturity model will have moved to stage 3 of the maturity model by implementing corporate digital strategies and digitalized core enterprise and operational processes

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Worldwide Mining

2018 Predictions

4

By 2019, 50% of major mining companies will have initiated workforce transformation, focusing on automation, mobility, augmented reality, and cognitive to increase productivity, safety, and collaboration.

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Worldwide Mining

2018 Predictions

5

By 2020, 30% of mining industry leaders will have defined and implemented platform strategies to create integrated environments across equipment, integrating maintenance, planning and scheduling, and execution.

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Worldwide Mining

2018 Predictions

6

Cybersecurity spending across IT and operations in the mining industry will increase 20% year over year in 2018.

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Worldwide Mining

2018 Predictions

7

By 2020, the top 10% of mining companies will have integrated their equipment supply chains to create closed-loop systems that deliver industry-leading improvements in overall equipment effectiveness.

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Worldwide Mining

2018 Predictions

8

Mining companies that establish innovation ecosystems, delivery processes, and prioritized road maps in 2018 will successfully deliver three times more projects to full scale beyond 2018 than those that do not.

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Worldwide Mining

2018 Predictions

9

70% of companies that prioritize a holistic digital safety strategy, by digitizing processes, incorporating intelligent tracking and alerts, and applying automation to reduce in-mine labor, will achieve industry-leading safety performance levels by 2019.

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Worldwide Mining

2018 Predictions

10

By 2021, new greenfield mine projects, designed to incorporate a technology strategy based on mine equipment autonomy, cognitive capabilities, and IoT, will see as much as a 20% increase in returns on project return on capital employed.

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Trusted Partner for Digital IT, BI Analytics, Automation & Data Management USA 1923 Bragg St #140-3219 Sanford, NC 27330 +1-30235 14656

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