Predictive Maintenance & IoT Impact on Mining

The mining industry is one of the oldest & most hazardous commercial sectors where the use and implementation of modern technology are very gradual. Mining companies utilize a plethora of expensive equipment in a high stakes & cost environment. In these cases, asset health is critical to the safety & profitability of the mine.

This is where IoT-driven Predictive maintenance can be a game changer. It has the potential to collect and analyze environmental and equipment data instantaneously and conduct real-time risk and area evaluation. It reduces the risk of downtime & loss due to machine failure and reduces overall maintenance & spare part costs of high capital-intensive machinery. The application of IoT in the mining industry is quintessential because of its advantages for large-scale operations in mining, where the operating environment is constantly changing & workforce operates in a compact, adapting, and potentially hazardous environment.



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