Digital Transformation In The Mining Sector: Understanding Global Technology Developments And Managerial Issues

To thrive in a highly dynamic and complex environment, it is necessary for modern businesses to monitor and analyze industry technology trends with an ongoing basis, and develop future-focused innovation-oriented activities that enable an organization to adapt to the change and uncertainty.

Nowadays digital transformation process is known as probably the most important factors central for the development of the mining sector, along with relevant trends that are likely to shape the mining of the future. Digitalization has become a business imperative, leveraging the latest technology advances to improve operational processes in order to ensure strategic competitiveness, reduce risks, and increase business performance.

However, it remains challenging for mining operators to make a decision which digital technologies are the most relevant to their experience, current needs, priorities, and challenges. There are a lot of documents and descriptive overviews of digital technologies in the mining sector which are relevant at the firm level and develop a managerial framework for organizations in order to describe key dimensions that needs to be considered for a successful digital transformation strategy implementation.

In these studies digitalization in the mining industry is regarded as an operation of adopting technologies, digital devices, methods, systems, digitized data, and advanced analytics within an appropriate strategies to achieve desired strategic organizational objectives and business outcomes, such as costs reduction, operational performance improvement, and a general transformation of mining practice towards making it safer and more efficient and sustainable.

These researches focuse on defining a theoretical cause for a deeper understanding of the current global trends intended for digitalization which are likely to shape the mining into the future.

You’ll find out the need for organizational adoption of digital innovations for your mining operators and descriptions in the mechanisms by which it can be carried out.

Additionally, managerial implications are presented which can be conceptualized in the firm level to be able to integrate new digital technologies into the operating model to attempt successful digital transformation

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