Much has been written about the urgent need for businesses to transform to digital workplaces. A study from the John M. Olin School of Business at Washington University predicts that 40% of Fortune 500 companies on the S&P 500 will cease to exist in 10 years, thanks to their failure to adapt changes required of the digital era.
For most organizations, technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) are on the radar if not on the roadmap to their ongoing success and longevity. This is because these technological advances are broad in scope and come with various value offerings.
Asset-intensive industries, including mining, require management of enormous data against an asset, and are often faced with unexpected equipment failures, low productivity levels and safety and compliance concerns. One important aspect of workplace transformation that mining businesses need to focus on would be building a connected workforce.
Mining operations are geographically dispersed. With a connected workforce, the human resources of mining companies, including external talents, will be able to maximize engagement, collaboration and productivity because they are connected to work demand, equipment, logistics and management. By leveraging existing enterprise asset management (EAM) solutions, a connected workforce will allow the aggregation of accurate asset data and sharing these across the enterprise in real-time.
There are plenty of products and solutions in the market that promise to help you build a connected and collaborative workplace to facilitate better mine planning and decision-making. To get you started, here are five things you can expect, as well as factors you should consider when evaluating a new solution to adopt into your systems:
From supply chain management to financial concerns, solutions promised by a connected workforce will provide your business the real-time visibility and control needed to reduce costs and realize profitability.
Application offerings can be altered with little to no-code development to align with your industry-specific operations.
Leverage EAM with process and people
Cost-effective products that are available in the market enable you to use enterprise asset management solutions across the full cycle of projects from installation, operation and maintenance
Drones, wearables and mobile EAM to execute workflows
Web-based solutions that create workflows on multiple assets can be done on mobile or even available for offline working on assets.
Flexible deployment options
Products and solutions available in the market could be available as an on-premises or software-as-a-service (SaaS) to help you manage virtually all types of assets across multiple sites.
Mining companies that will recognize the shift towards digitization today and best navigate the available technology will be the winners of tomorrow.
Innovapptive offers the next generation Connected Workforce Platform for Mining and Metal Industries to help improve worker productivity, asset efficiency and deliver a better workplace experience.
To learn more about how Innovapptive works with organizations to provide mobile asset management solutions and secure their digital transformation, please visit www.innovapptive.com/products/connected-workforce-platform.