International Mining Magazine – AI Analytics

Created by Elizabeth Delaney - Published September 16, 2020


maintenance

'Mining companies typically spend a massive 20-50% of annual operating budgets on equipment repair and maintenance, and reduced yield from downtime has an even greater financial impact. The major cause of downtime is that mines don’t have the information they need to diagnose and prevent failures.'

Connecting to on-board vehicle management systems, iVolve solves this problem by providing real-time equipment health data feeds. This data is displayed graphically via iReport dashboards at fleet and individual asset levels, with full data history available for both ad-hoc and scheduled reporting.

iVolve partnered with Rithmik, a data analytics specialist, for a study of data from Cat D9, D10 and D11 dozers operating in a US mine. Read the full article here.