This is Part 3 in a new series on Mining Innovation discussing how the Mining Industry can look to technologies that successfully advanced the performance of other industries. Part 1 examined how technology used in the Energy sector can help the Mining Industry improve both productivity and efficiency while Part 2 focussed on the automotive industry. Today, we dive into the High Tech Industry
In “Tracking the Trends 2015”- Deloitte’s annual report on the top 10 issues mining companies will face, Philip Hopwood, A Global Mining Leader for Deloitte Touche Tohmatsu Limited, states “There is no doubt that mining companies operate in complex geographies where they face increasing challenges in responding to regulatory and compliance requirements. At the same time, they have an imperative to adapt to changing market conditions while adopting new innovations as they seek to produce more for less cost. These conditions remain regardless of whether we are in a downturn or a recovering market.”
With this in mind, let’s look at how technology used by the High Tech Industry can benefit the Mining Industry’s quest for improved productivity.
Fujitsu Network Communications
Fujitsu Network Communications sought to speed up time to market by eliminating inefficiencies in its requirements management processes while maintaining the highest level of product quality. They implemented a collaborative platform to integrate its test case and management processes. The move from a document-centric driven approach to an approach that was data-centric ensured the correct information was used, and that all downstream work happened much faster.
As a result, 13 homegrown and commercial applications were eliminated and a further 11 are scheduled to be removed. Now, all engineers only have to learn one application. Flow time has been reduced by 20%, while quality has increased by 10%. 114 weeks of staff time have been saved annually. There has been a 30–40% improvement in its management processes. It has also reduced the number of employees who are involved in change management issues.
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Garmin International Inc.
Garmin International Inc. pioneered the consumer handheld Global Positioning Satellite (GPS) market by introducing the very first handheld consumer GPS system. When the company found itself facing an onslaught of competitors, Garmin engineers decided to upgrade its 2D system to a 3D solid modeling environment to develop innovative, aesthetically pleasing GPS product designs that differentiate the company’s products in an increasingly competitive market.
In the end, Garmin reduced design cycles by 50% while improving product aesthetics.
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These are just two examples of simulation and 3D technologies from which the mining industry can learn and utilize to improve performance. To learn more, download our FREE White Paper: Looking to technologies used by other industries to drive productivity & efficiency in mining
Be sure to check back next month, as we share examples of how technology used by the Aerospace Industry can benefit the Mining Industry.
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