Barrick Gold engages the digital world with the Unearthed hackathon
Canadian tech startups, entrepreneurs and innovators will have a unique opportunity to create the next generation of technologies for the mining industry at the first Unearthed hackathon in Toronto. Taking place from 3-5 March, Unearthed Toronto will feature multiple industry challenges from global mining companies including Barrick Gold.
“Barrick is in the early stages of a digital transformation, integrating technology and data into everything we do,” said Richard Williams, Chief Operating Officer, Barrick. “Innovation is a critical element of this process and events like Unearthed Toronto reflect Barrick’s open and collaborative approach to finding new and better ways to mine. We look forward to working with the talented developers who will be at the hackathon here in our hometown of Toronto, and we are excited to see the results.”
Unearthed is a global organisation driving innovation in the resources industry, working with mining and resource companies to address industry challenges and support the development of future innovations. Since 2014, Unearthed has connected over 2000 innovators to resource industry challenges through hackathons and online challenges.
“We are excited to put Toronto’s innovators to the test against global mining challenges. Developers, programmers, data scientists, engineers and other innovators will not have a bigger opportunity to get in front of and impact the mining industry than at Unearthed,” said Mikey Kailis, Growth Manager, Unearthed.
Disruptive technologies in the form of cloud technologies, automation, artificial intelligence, machine learning, big data analysis and the internet of things are set to drastically impact the mining industry in the near future. It is through events such as hackathons where the mining and resources industry can come together with the tech innovation community to embrace this coming wave of disruption.
The hackathon will take place at Canada’s leading technology skills accelerator Bitmaker, which is now a part of General Assembly’s global community.
“The mining industry is comparatively foreign to the developer community around the world. This shouldn’t be the case. We are excited to host the first mining hackathon in Toronto at Bitmaker and connect local developers to global mining challenges,” said Andrew Mawer, CEO and Co-Founder, Bitmaker.
It will be the first time that the Unearthed hackathon has taken place in Toronto, after being held in all capital cities around Australia, Cape Town and San Francisco.
"Toronto is a place where innovators can solve big and meaningful problems using technology. Having the global hackathon Unearthed coming to Toronto just illustrates this value and we look forward to seeing how Toronto's technology community helps bring disruption to the mining industry," said Chris Rickett, Manager, Entrepreneurship Services, City of Toronto.
Participants will be aided by subject matter experts from the respective mining companies as well as tech experts from the startup community and global tech companies such as Amazon Web Services.
At the conclusion of the hackathon, teams will present their final solutions to a distinguished judging panel where prize money, tech credits and support will be awarded. Winning solutions will also be a major talking point at the PDAC convention, taking place the week after the Unearthed Toronto hackathon.
Unearthed runs open innovation initiatives for the resources sector all around the world. Previous Unearthed events have taken place all around Australia, in Cape Town and in San Francisco. Details on Unearthed and its events can be found at www.unearthed.solutions
The January 2017 issue of Mining Global is live!
Get in touch with our editor Dale Benton at [email protected]
Axora launches global challenge for digital technology
Axora is launching the world’s first international competition to discover new cost-saving digital technology for industrial companies, which can produce rapid benefits within a year.
The Metals & Mining and Oil & Gas sectors have recently experienced budget cuts of 20% on average, driven by a variety of factors including the global pandemic, slump in demand and price wars. The Axora Cost-Saving Technology Challenge aims to transform these industries by discovering innovative, digital solutions that reduce cost fast and pay for themselves, whilst achieving the same or improved productivity, health and safety and sustainability standards.
“While digital solutions can help to get work done quicker and more cost-effectively, they typically require a three-year ROI, and if there’s no flexibility in the budget, a full budget planning cycle is needed to get things moving”, said Dr. Nick Mayhew, Chief Commercial Officer, Axora.
“Yet, extra financial cost is often incurred in delaying digital projects, so customers have asked us to highlight solutions that can have an ‘in year payback’ whereby the cost spent on the solution and deployment will be more than recovered within the budget year - this accelerates the timeline and drives positive business impact, quickly.”
The Axora Cost-Saving Technology Challenge
Axora is keen to learn of any digital cost-saving innovation which: meets the 12-month payback timeframe; can be deployed in any part of the value chain including upstream, downstream or midstream oil and gas, metals processing or mining; and is ready for market. The Axora Cost-Saving Technology Challenge is open to entrepreneurs, start-ups, academics and sector leaders across the world. The competition will be judged by a panel of leading industry experts.
“We’re passionate about supporting our industries and customers through all forms of digital transformation and the cost-saving solutions we are searching for could also provide a lifeline to many mining and metals and oil and gas companies in the current economic climate,” added Dr. Mayhew.
Improving productivity, safety and sustainability
Up to ten finalists will be chosen to pitch their solutions at a digital pitch day later this year, after which Axora will validate the ROI models and vet the solutions. The winner will receive the ‘Axora Market Accelerator’ sales and marketing package worth £10,000. This includes a two-hour workshop, promotion through Axora’s thought leadership content and inclusion into its digital demand engines, providing the opportunity for the winning solution to benefit thousands of industrial companies. Entries are open until May 31. Full details of the competition including terms and conditions can be found here.
To learn more about the Axora B2B digital solutions marketplace read our feature in the latest issue of Mining Global magazine.