Aug 27, 2020

sensemetrics Launches Tailored IIoT Solution

Mining technology
sensemetrics
mining
mining tech
Kristin Aldridge
3 min
sensemetrics Launches Tailored IIoT Solution to Mitigate Risk in the Design, Construction and Operation of Mine Tailings Storage Facilities
ICMM-aligned offering eliminates the challenges of risk assessment for primary insurers with relevant real-time data critical to insurance underwriting...

sensemetrics Inc., a global Industrial IoT (IIoT) and cloud technology company transforming sensor data into real-time business intelligence, today launched a tailored IIoT solution that gives mining companies and their insurers real-time, end-to-end Tailings Storage Facilities (TSF) insights.       

Available globally, the solution drives safety and mitigates risk across the entire TSF lifecycle, providing mine operators with unmatched access to real-time information and analytics for continuous and complete surveillance across TSF construction, operation, and closure phases. The solution also offers a variety of new features specifically designed for reinsurers and primary insurers, empowering them with critical insights for technical risk underwriting and enabling them to achieve a level of end-to-end TSF assessment not available in the mining industry until now, according to Alex Pienaar, Director of Mining, sensemetrics.

“With this new offering we have taken our core IIoT IP and tailored it to address the long-standing and highly critical challenges of TSF risk and safety, giving our mining company customers and the reinsurers and primary insurers who work with them a level of data transparency and actionable information they haven’t seen before,” said Pienaar. “Now, both parties can work toward achieving shared outcomes, using our best-in-class technology to gain insight into what matters most to their businesses. It’s an exciting moment at sensemetrics as we support our customers and their business partners in building a safer, more successful future.”

New tailored features for insurers and reinsurers include:

A remote sensing module, which provides a dashboard display of TSF performance – powered by spatially dense datasets from ground and satellite-based systems – gives insurers deep insights into comprehensive risk assessment parameters.

A secure Application Programming Interface (API) provides a unified interface for exchange of real-time and historical sensor data between the sensemetrics platform and in-house data analytics engines maintained by insurers, facilitating continuous and transparent information flow between all organizations involved in risk mitigation.

Native iOS and Android mobile apps further optimize field activities, unified data aggregation and visibility of TSF performance, which is key to managing operational risk.  

“The aim is to enable further development and customization of tailored TSF insurance pricing models backed by data-driven risk analysis for one or multiple TSFs over their entire lifecycle,” said Pienaar. “This ultimately secures insurability of TSFs in line with an adequate margin-profile for insurers. We view this approach as a win-win for our mining customers and their insurers.”

ICMM Aligned, Plug-and-Play Platform

The sensemetrics platform supports all of the best practices outlined in the Tailings Governance Framework, recently published by the International Council on Mining & Metals (ICMM), which aims to minimize the risk of catastrophic TSF failures.

A plug-and-play solution, the sensemetrics platform relies on the power of real-time sensor data, analytics and state-of-the-art visualization tools. It offers manufacturer-agnostic edge connectivity, a true cloud design, an event-driven and scalable microservices architecture, workflow enhancing apps, and an open API interface. Featuring end-to-end sensor integration and asset management, the solution simplifies the complexities traditionally associated with sensor automation and management in the mining sector, while also reducing costs and improving operational efficiency.

For more information, visit https://sensemetrics.com/insurance-mining

About sensemetrics 

sensemetrics is a leading innovator in the Industrial Internet-of-Things (IIoT) market. The company offers the only market-proven cloud-based enterprise software platform that simplifies connectivity and standardizes industrial sensor data, enabling our partner network to more efficiently provide active risk management and safety solutions.

https://www.sensemetrics.com

 

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Dec 3, 2020

Net zero benefits the mining industry and the environment

digital mining
Oren
Emitwise
mining
Dan Brightmore
3 min
Learn how to future proof your business for a zero-carbon world with help from Emitwise and the Oren Marketplace.
Learn how to future proof your business for a zero-carbon world with help from Emitwise and the Oren Marketplace...

How do we get the world to net-zero faster?

Emitwise’s founders, Mauro Cozzi, Eduardo Gómez and Ben Peddie, approached a network of more than 100 of the world's largest enterprises and asked their CEOs, CFOs, and sustainability managers the big question: How do we get the world to net-zero faster? The challenge many shared was the lack of timely and accurate emissions data to enable strategic decisions. Companies often relied on annual audits of their carbon footprint for carbon accounting purposes. However, static yearly results were outdated upon publishing.

Emitwise saves companies an average of 260 working days a year by automating their scope 1, 2 and 3 emissions data. With the added benefits of clean audit trails and auto-populated accounting reports in line with GHG Protocol, all at the click of a button. Their easy to use solution enables businesses to quickly identify the carbon hotspots to target, and the precise real-time data empowers teams to remain agile and respond effectively, making achieving those goals possible.

Unique AI Technology

Emitwise’s unique AI technology empowers businesses to automatically measure, report and reduce their carbon footprint across their operations and supply chain, future-proofing companies for a zero-carbon world. It is the only solution that enables companies to fully automate their carbon accounting across all business units and suppliers, therefore liberating them from the drudgery of collecting and processing emissions data.

By using artificial intelligence to precisely measure emissions in real-time, businesses can identify and tackle carbon hotspots swiftly, enabling them to devise a trackable roadmap to net-zero carbon. At the same time, accurate audit trails and auto-populated annual reports ensure that companies comply with international reporting requirements, and align businesses with global climate targets to mitigate risk across their operations and supply chain. 

The Oren Marketplace

Environmental management, social license to operate, safety, renewable energy to lower emissions and operational efficiency for mining can be supported by a range of digital solutions enabling dynamic operations. To address these issues, Shell and IBM joined forces to create the Oren Marketplace – the first B2B solutions platform for the mining sector. 

With the adoption of many of the digital solutions offered through Oren, mining companies can adapt in real-time to risks or adjust plans ahead of a problem occurring. The goal is a shift towards proactive management as the optimal outcome for all stakeholders – community, shareholders, and employees.

Emitwise was founded with the goal of helping industries across all sectors reduce their carbon footprint. Similarly, Shell aims to become a net-zero emissions energy business by 2050, or sooner, in step with society and its customers. And Oren is focused on offering innovative products and services that can help mining companies track and reduce their emissions. 

“Oren is the starting point for how we help our mining customers to de-carbonise,” explains Carol Chen, Global Lubricants Marketing, Vice President, Shell. “It’s our ambition to work with sectors like mining to help them find their own pathway to net-zero emissions through collaboration. The Oren marketplace offers a great opportunity for collaboration between the miners and technology companies that are joining this digital marketplace.” 

Web Summit

Emitwise will be showcasing its vision for a net-zero future live from Lisbon at this year’s Web Summit. Bringing together the people and companies redefining the global tech industry, the online event welcomes 100,000+ attendees from around the world to hear from more than 800 speakers and view offerings from 2,500 startups covering a vast range of topics from Data Science and Climate Change to AI and Machine Learning. To find out more and book your ticket visit Web Summit. 

Emitwise is one of many solutions providers on the Oren platform seeking to address the pain points and environmental concerns of heavy industries like mining. To discover a range of solutions that can further support your operation’s digital transformation and commitment to sustainability, visit the Oren Marketplace.

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