Have you ever imagined the world would without information technology? The role played by information technology in almost all sectors is so crucial, that it can be described as the engine which runs the digital world today, without which everything will come to an unwelcomed serenity. The IT sector is one of the most prominent industries in the world driving a wide range of services. They simplify, regulate and drive an enormous number of processes to get efficient and exceptional results.
Since the beginning of human civilization, excavating using stone and later metal equipment’s to using new age heavy machinery like The Bagger 288, we have come a long way. We have been mining the earth for almost 43,000 years now to fulfil our personal and mostly commercial needs. Essentially everything we use in modern society is a product of the mining, in one way or another. Mining is the process of extracting raw materials from the Earth’s crust. In fact, Minerals and ores excavated from mining provide basic raw materials to many important industries like power generation (thermal), iron and steel, cement, petroleum and natural gas, petrochemicals, fertilisers, precious and semi-precious metals/stones, electrical and electronics equipment, glass, ceramics etc. This world has seen an evolutions and changes of lifetimes (literally) but the mining industry has stood still.
The mining industries are constantly undergoing incremental or evolutionary changes as uses are found for new technologies developed for other applications. Occasionally, revolutionary changes occur when new technologies, developed either inside or outside the industry, take hold. Given the current rapid pace of IT development in broad areas, the IT industry envisions that mining industries will be able to take advantage of some of these developments to the benefit of consumers, producers, workers, and the environment. Progress towards these revolutionary changes will produce concrete developments for industry with the help of Information Technology.
The Stumbling Block
Mining is one of the core sectors and growth driver of Indian economy. But, the COVID 19 pandemic has adversely affected the mining of ferrous, non-ferrous and minor minerals. The operations of mines – iron ore, coking coal, thermal coal, limestone, dolomite, manganese and chromite and running of ferro alloy and pellet plants (which supply raw material to steel plants) covered under “essential services” and exempted from the nationwide lockdowns.
Right form the step of in-situ exploration to a long list of permissions and documentations to the process of mining, the actions involve a requirement of ocean full of capital and accordingly satisfying rewards. In Indian scenario, there exist a structured process of how the mining industry should be and mining and who will mine it. Thus, the answer to the Billion Dollar questions, Who Runs Mining? Answer is- most of the largest mining operations are owned by MNC’s. This also has an adverse effect on the industry. Mining industry has faced challenges in not only managing their resources but also getting the best possible price for their natural wealth. In India, most of the mining operations are juberous and are mismanaged. You can also say that the corruption and under table management are the other two musketeers. In most of the mineral rich states in India, corruption and biased or in favour decisions have led to industry towards degradation and become one of the main reasons damage the environment.
We need a liaison to bridge this gap between the productivity, growth and management. IT in mining is the is the solution which can not only bring a positive disruptive change but can also bombard the governments with the tool to efficiently manage these natural resources, maintain transparency.
In2IT has been proactively indulge in managing and minimising this gap using its IT solution and innovations in Mining Industry. The solution, benefit of which are not restricted to bridge the gap but mining organisation, governments and agencies to manage, audit and ensure compliance from the bidding to the mineral extraction phase. The application viewpoint towards mining solution are not restricted to a typical application level but to solve the puzzle using technology like Artificial Intelligence, machine Learning and Robotic Process Application. The objective is- ease of management with Live Project Monitoring, Instant Reporting and Transparent Workflow for corporate and government organisations, and to have an unambiguous and holistic view of the entire mining ecosystem.
Achieving sustainable change requires more than a focus on the technology. In other words, the transformations and improvements through technology cannot get you a complete solution. We adopt a transformational and technology enabled operating system change. We harness technology, including Digital Analytics and automation across the process, to solve the challenges like productivity, safety and chain management. Out solutions adapt the management systems such as work processes to unleash the full potential of the environment and resources. Not restricting the solutions, we modernise the existing culture and capabilities to achieve a more agile and responsive solution that can get value from and adapt to the modern technologies.
Information Tech-enabled transformation opens a whole new horizon of possibilities. It equips companies with tools and opportunities to improve safety, productivity, and ways of working. The rewards will be far-reaching for companies that commit to it and approach it wisely.