Digital Transformation In The Mining Sector: Exploring Worldwide Technology Developments And Managerial Issues

To thrive in a highly dynamic and complex environment, it is necessary for contemporary businesses to monitor and analyze industry technology trends by using an ongoing basis, and develop future-focused innovation-oriented activities which allow a firm to adjust to the progres and uncertainty.

Nowadays the digital transformation process is recognized as the most critical indicators central towards the growth and development of the mining sector, along with relevant trends that are likely to shape the mining of your 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 a hardship on mining operators to make a decision which digital technologies are the most relevant to their experience, current needs, priorities, and challenges. There are many 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 should be considered to get a successful digital transformation strategy implementation.

Of these studies digitalization within the mining companies are regarded as a process of adopting technologies, digital devices, methods, systems, digitized data, and advanced analytics in 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 basis for a deeper understanding of the current global trends pertaining to digitalization which are likely to shape the mining for the future.

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

Additionally, managerial implications are presented that may be conceptualized in the firm level in order to integrate new digital technologies to the operating model to attempt successful digital transformation

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