Oren Marketplace – FREE Digital Discovery Audit
The Oren Marketplace has launched a new solution - a Digital Discovery Audit, which offers mining companies a tailored expert appraisal of the digital transformation opportunities for their business. The service has been developed to identify a company’s key priorities for investing in digital solutions, after which these priorities can be matched with the best solution providers in the mining industry.
The Digital Discovery Audit is currently being offered for free, for a limited time only, so there has never been a better time to identify your priorities for investing in digital solutions.
A key feature of the Oren Digital Discovery Audit is the bespoke and comprehensive insights that it provides to users, which come directly from the platform’s two founders, IBM and Shell. These insights are summarised after a structured Oren workshop, for which participants are also able to make use of an online assessment tool.
Once these insights have been received, companies have a solid foundation on which to build their digital strategy. Users can then access the Marketplace to engage the suppliers that meet the specific needs identified by the audit.
Oren is the world’s first B2B digital marketplace for the mining and industrial sectors. Created from a partnership between Shell and IBM, Oren aims to support and accelerate digital and sustainability transformation across the end-to-end value chain of the mining industry worldwide
Target markets and consumers
The Oren Digital Discovery Audit has been developed for global mining companies, working in the world’s principal mining regions - the Americas, South Africa, Australia and Indonesia.
The insights that IBM Consulting and Shell have curated are designed to assist mining company CEOs, CTOs, and mine general managers to shape their enterprise’s technological strategies; but the workshops and online assessment tool also contain practical content that is relevant to the work of sustainability leads and transformation directors as well.
Benefits of signing up to an Oren Digital Discovery Audit
As the modernisation and digitisation of the global mining industry gathers pace, the audit gives clarity to mining companies as they seek to harness digital solutions to improve their safety culture, production efficiency, sustainability and profitability.
The Digital Discovery Audit matches companies with the solutions that will help them to succeed, safe in the knowledge that all solutions featured on the Oren Marketplaces have been thoroughly researched and field-proven.
Coal India Secures First-Of-Its-Kind Digital Deal
Coal India Limited (CIL) has appointed Accenture Solutions to digitally transform seven of its open-cast mines as the company strives to improve performance and increase coal production. Accenture is due to lay down digitalisation groundwork until March 2022.
The deal aims to increase coal production by 100 million tonnes (MT) by the end of FY’23. Once the minimum quantity has been surpassed, an agreed sum will be paid to the consultant for every additional sum of coal produced. This success fee will only be paid on the procurement of the minimum assured quantity.
The move will see heavy earth moving machinery (HEMM) fitted with digital sensors to monitor performance efficiency at all levels. Additionally, modern data analytic techniques aim to increase mine productivity and project monitoring through functional system management and effective observation.
An Exciting Venture For Global Mining
CIL, which aims to provide energy security in an environmentally and socially sustainable manner, hopes the move will help transform the entire business of mining operations and ensure higher volumes of coal are acquired at a lower cost.
“This is a first of its kind initiative by the company utilising digitalisation to ramp up coal output,” CIL has said.
A Digital Step Towards Enhanced Performance
Digitalisation is expected to take place at open-cast mines in Kusmunda, Gevra, Dipka of Southern Eastern Coalfields (SECL), Migahi, Jayant, Dudhichua, and Khadia of Northern Coalfields (NCL). Nearly 32% (188 MT) of CIL’s 596 MT output in FY’21 was accounted for by the seven selected mines. However, this new deal is set to see a large increase following the subsequent digital changes due to be made.
“Learning from the outcome and success of this model, we may replicate it in our other large mines,” says CIL, optimistic about the future following the modernisation of their mining.
It is expected that the move will help address roadblocks and guarantee corrective measures are put into place, ensuring the company is able to move forward with its aim of increasing output whilst remaining sustainable and eco-friendly.