The techniques used in underground mining technology have changed a lot since it first began and the modern world has seen to it that the mining industry gets the best and newest tech to improve the industry. Digital technologies that now have the potential of enhancing the productivities and managing the variables in all fields in the mining industry have been developed. Overall, work in the mining sector has never been any easier and less straining with the presence of these new tech and machines available. And as a business person in the mining sector, you need to owe your success to the four clusters of technologies which have been adopted by the industry and have accelerated the whole concept of underground mining to a whole new level.
- Data, connectivity, and computation power
You must have noticed by now the large numbers of sensors that have been embedded in physical objects with large volumes of data now being churned out for analysis and even enabling easy and efficient communications among machines. All these processes have been made possible and are now more affordable and accessible than ever before. There are smart grids which can report the overall power usage in millions of homes. Not to mention the sensors set on remote deep-sea oiling wells which can signal alarms back to the control centers whenever any problem occurs. And with these pieces of technology, you can easily obtain more accurate and relevant information about the reality of the underground world than ever before. Records have it that more data was generated and collected in a single day and every day in 2015 than had even been collected throughout the whole year of 2003. And this is just a tip of the iceberg.
- Analytics and intelligence
Machines can now learn more improves statistical techniques that can be used for integrating data with the help of improved and advanced analytics through the ages. You can now read large volumes of data sets and be able to predict the probability of certain events occurring. Nowadays, even the telecommunication companies use smart algorithms to try and predict their customer churn, and most of the time it works for them. Tasks that used to be so complexes like geological modeling and predictive maintenance are now more about optimization and smart statistical algorithms.
- Human-machine interaction
The introduction of smartphones has also changed the way humans interact not only with other people, but with machines as well and consumers are now more reliant on their smartphones for booking taxis, driving directions, and even monitoring their health than on themselves. Why go through all the hustle when you have a smartphone that can do it all for you? The invention of work clothing which collects and transmits data to the managers about any hazardous conditions as well as the physical conditions of the workers wearing them which further improves their safety outcome.
- Digital-to-physical conversion
There has also been a major advancement when it comes to robotics, which has led to the production of more autonomous, affordable, and effective products with the cost of most industrial robots falling by about 50% since 1990. And the labor costs have, in turn, rising by up to 80% in the same period. Tech advancements like Artificial Intelligence have led to more sophisticated and advanced robotics. Most miners now use tele-remote or assisted-control equipment to work in hazardous areas.
Thinking about it, technology has revolutionized the whole mining industry a great deal.