To thrive in the highly dynamic and sophisticated environment, it is crucial for modern businesses to watch and analyze industry technology trends while on an ongoing basis, and develop future-focused innovation-oriented activities that allow a company to adjust to the change and uncertainty.
Nowadays digital transformation process is recognized as one of the most key elements central towards the continuing development of the mining sector, and also other relevant trends that are likely to shape the mining for 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 difficult for mining operators to choose 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 to describe key dimensions that ought to be considered for the successful digital transformation strategy implementation.
Of these studies digitalization in the mining industry is viewed as an activity of adopting technologies, digital devices, methods, systems, digitized data, and advanced analytics in a appropriate means by 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 grounds for a deeper understanding of the current global trends pertaining to digitalization that are likely to shape the mining of the future.
You’ll find out the significance of organizational adoption of digital innovations for the mining operators and descriptions from the mechanisms by which it might be carried out.
Additionally, managerial implications are presented which may be conceptualized on the firm level in order to integrate new digital technologies in the operating model to try successful digital transformation
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