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Monday, January 12, 2015

Big Data and Visualization in Mining Industry




Embedded image permalinkMining Global (@MiningGlobal) Jason Nitz of @Newmont Mining discusses the potential Big Data presents to the mining industry.   Good piece on an industry you usually do not see talked about in this context.   " ...  There has been a similar explosion of ‘big data’ in mining, albeit slightly behind that of the Internet revolution, but nonetheless, the amount of data now available from mining equipment is staggering. In fact, there is so much data available people often don’t know which way to turn. ... ".  

As described this work is similar work that we did to optimize complex plant operations in other industries. These are usual 'local' supply chain interactions, on a plant floor, or in an operations yard. Doing this well can save millions of dollars in costs, and increase throughput.

And how they are dealing with real time big data by effectively visualizing it in operations centers.  At the same time the results of analytics can be applied and displayed.  This kind of visualization was also an area we spent much time on.

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