New App Looks to Improve Collaboration in the Mining Industry
2014 was not a great year for the mining industry. It suffered from record low commodity prices and endured global stagnation with hits to productivity and profitability. In general, it struggled to find its groove.
The industry is searching for answers. On the list of possible solutions is collaboration.
“By working together, universities and industries can advance mutual interests and serve their communities,” said Samuel Frimpong, Professor and Chair of the Department of Mining and Nuclear Engineering at the Missouri University of Science and Technology.
“These two organizations can work together through collaborative research opportunities where each entity provides talent and resources to solve problems for a desired cause.”
From partnerships with universities to interactions with rival companies, collaboration is expected to play a pivotal role in helping mining companies succeed in the future. In addition, it will also help to better serve employees.
The likes of Facebook, Twitter, and LinkedIn have all been essential for miners to stay connected. However, not everyone in the field of mining has time to switch through various networks to stay up-to-date with people and professionals that matter most.
Welcome to businessfriend, a simple and attractive app that allows users to easily execute all business and social affairs in one powerful, mobile-first platform.
“On any given day, the typical young professional can have as many as five platforms open to get them through their day,” said Glen White, Founder and CEO of businessfriend.
“We offer one complete forum that enables constant connectivity for optimal business communications. One mobile app, one desktop, any device – no more juggling apps.”
Key features include video chat, IM, and free VoIP calls, up to two gigabytes of free Cloud storage, Digidex™contact management system, document downloading and sharing, social feed, connectivity to colleagues and peers without sharing personal contact information, easy sign-up and much more.
The app made its official debut earlier this year launching at CES 2015 in Las Vegas. Watch the podcast here.
For the mining industry to improve in 2015, more collaboration and technology is imperative, and the term "Loose lips sinks ships" is no longer applicable.
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.