The Elements of Innovation Discovered
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The last few years have seen big industries' social accountability come to the fore, with growing pressure to engage more holistically with the workforce, local communities, and environmental concerns. Evolving from this, a new business model of corporate performance has arrived in boardrooms, comprising a trifecta of environmental, social, and governance (ESG) responsibilities. Keeping pace is the mining industry's collective push to be more sustainable and accountable,...
With hopes of improving efficiency, safety and profits, the vast majority of mining companies around the globe are incorporating internet of things technologies into their operations, according to a study completed earlier this year by Inmarsat, a global leader in mobile satellite communications. The Rise of IoT in Mining, a report detailing the results of a survey conducted for Inmarsat, found the success of this digitization of the mining sector is being hampered by a...
High-speed networking and interconnected devices, which form a unified whole, are opening a new realm of possibilities for consumer and company alike. As the world continues to become more digitally interconnected, the value of companies and their success can almost be directly linked to how quickly they adapt and utilize newer technologies. We can see remnants of bygone eras still lingering in many industries, including mining, in an era where the speed of development of new...