Freeport-McMoRan has announced that it has signed a five-year agreement with the leading global professional services company Accenture to enable its digital transformation.
The deal is an extension of an existing agreement, one that saw the implementation of Accenture Connected Mine Solution and will further drive greater digital transformation of Freeport’s mining operations.
“Connected Mine puts relevant information in the field to let supervisors be more effective in achieving desired results. Additionally, this platform acts as a conduit to effectively operationalize critical findings from our data analytics programs,” said Cory A. Stevens, VP Operational Improvement, Freeport-McMoRan. “Connected Mine assists us in advancing our improvement programs to realise value in terms of improved safety, cost reduction and increased production.”
The Connected Mine solution, built for Freeport-McMoRan by Accenture and Avanade using the patented Accenture Connected Platforms as a Service (CPaaS) on Microsoft Azure, provides a single application that can quickly alert personnel so they can prevent productivity and safety risks before they become a problem.
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In addition to rules-based alerts based on real-time mine data to reduce machine downtime and inventory costs, the solution combines mobile, cloud and analytics to more effectively track asset utilization and yields. The solution leverages the patented Accenture Cloud Platform to add computing power, as needed, and launch new capabilities and services for the business in a matter of days, as flexibility is critical in a highly volatile commodity business.
Advanced data analytics, visualizations and specific recommendations communicated in near real-time to mine supervisors help drive intelligent operations with greater business insights to unlock new value.