The mining industry is lagging behind in terms of digital maturity. According to BCG's Digital Acceleration Index (DAI), this sector is 30% to 40% less digitally mature than comparable industries, such as chemicals or automotive.
However, there is a clear desire for change on the part of companies. Another Digital Maturity study conducted by Accenture in collaboration with the UC Innovation Center reveals that 60% of mining companies already have concrete digitalization plans.
The main challenge lies in bridging the gap between strategic planning and effective execution. This process will depend on several key factors:
While this may seem simple in theory, in practice it entails numerous challenges.
The roadmap for digitization towards Mining 4.0 developed by the Mining Council, Fundación Chile and Corporación Alta Ley, together with other relevant industry stakeholders, identifies "integrated and intelligent mining" as one of the crucial cores for the evolution of the sector. This core encompasses two main challenges:
However, building solutions that address these challenges is particularly complex for companies with low digital maturity or little experience in innovation. Therefore, it is necessary to resort to specialized external solutions that can help solve these problems effectively and accelerate the digital transformation in the mining sector.
This is where SaaS solutions come in as an interesting option for mining companies. But here comes a question that we were asked a lot when we introduced Aisoncore and is the basis of this article:
SaaS (Software as a Service) is a software distribution model where applications are hosted in the cloud and offered as a service that evolves depending on customer needs. This model has been growing by leaps and bounds around the world and is penetrating more and more industries.
I was recently reading the Gartner report on "Cloud Shift" and came across some fascinating insights about how these types of solutions and the transition to the cloud is influencing the mining industry supply chain.
There are many points that intersect with the vision we have for Aisoncore and I would like to mention the benefits we are achieving with some mining customers, who are implementing our platform in their maintenance areas:
Complete visibility: Cloud-based solutions are providing us with a real-time view of our entire supply chain, from suppliers to end customers. This allows us to have much more precise control over our inventories and components that we send for repair to anticipate potential problems.
Demand forecasting: The use of advanced analytics in the cloud is significantly improving our ability to predict future component demand, which helps us to plan better, promote more repair and less buying out and promote the local economy.
Transportation management: We are seeing substantial improvements in the efficiency of the transportation of our products; we have solutions to be able to locate the components and ensure that they are received at the various workshops.
Collaboration with suppliers: The cloud is facilitating closer collaboration with our suppliers, with a single platform to store all information we are improving coordination and reducing delivery times.
Artificial intelligence and machine learning: The incorporation of these advanced technologies is taking our predictions and decision making to a new level of accuracy and efficiency.
These insights from the Gartner report have confirmed to me that we are on the right track in adopting cloud solutions for our supply chain. It is clear that these technologies are not just a passing trend, but a strategic necessity to stay competitive in today's mining industry.
At Aisoncore, we want to change some paradigms that may be too embedded in the industry by working hand in hand with our clients:
With a SaaS mining solution like Aisoncore, you can experience faster deployment than traditional solutions, functionality that adjusts and grows with customer needs, and collaboration with internal and external teams from anywhere.
Start transforming your company into the future with SaaS solutions like Aisoncore. Contact an agent here.
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