From volatile markets and tough competition to the increasingly stringent demands of government regulators and customers alike, there’s no shortage of challenges ahead for the mining and materials industry. To navigate these obstacles and others all while improving profitability, mining and materials companies are seeking innovative ways to optimize the reliability, efficiency, and safety of their operations. Many industry leaders are already finding the answers they are looking for in their operations data.
A modern mining and materials outfit produces massive quantities of data day in and out. Hidden in all that data lies valuable insights, and in those insights lies the potential to help companies maximize production, reduce unplanned downtime, and optimize processes. This is why so many companies are already using the PI System as their data management platform to collect, manage, and analyze vast stores of historical and real-time operations data. The PI System enables them to build sophisticated data management foundations, which enable, in turn, the transition to predictive maintenance and the use of more advanced digital tools, including predictive analytics, digital twins, augmented reality, and more.
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