Digitalization in the Mining Industry
Competitiveness of mining enterprises is determined, mainly by their productivity and operation superiority. Digitalization becomes a decisive factor, which can provide an opportunity to companies of this sphere to remain competitive in the future. In mining industry passing-over to new, advanced me...
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Plekhanov Russian University of Economics
2021
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oai:doaj.org-article:db0e1d40ec1747968956632de02c1a132021-11-15T05:20:51ZDigitalization in the Mining Industry2413-28292587-925110.21686/2413-2829-2021-5-184-192https://doaj.org/article/db0e1d40ec1747968956632de02c1a132021-10-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/1177https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251Competitiveness of mining enterprises is determined, mainly by their productivity and operation superiority. Digitalization becomes a decisive factor, which can provide an opportunity to companies of this sphere to remain competitive in the future. In mining industry passing-over to new, advanced methods of work usually happens more slowly due to the scale and complexity of production processes and considerable costs necessary for re-equipment. That is why certain enterprises of this field use digital technologies without enthusiasm. However, the leading mining companies in the world invest vast funds in development of advanced technologies in power engineering and automation in order to increase mining and ecological efficiency, to cut the volume of hand labour, costs and power expenses. It is obvious that digital technologies can give new opportunities for serious rise in productivity and profit. The article studies key lines in digital transformation at mining enterprises, demonstrates basic advantages and potential threats. The authors analyze both foreign and Russian examples of effective digitalization at enterprises of this sphere.O. E. KalenovPlekhanov Russian University of Economicsarticledigitalizationmining industryenterprisetransformationinnovationthe internet of thingsindustry 4.0big datadigital technologiesEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 5, Pp 184-192 (2021) |
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DOAJ |
language |
RU |
topic |
digitalization mining industry enterprise transformation innovation the internet of things industry 4.0 big data digital technologies Economics as a science HB71-74 |
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digitalization mining industry enterprise transformation innovation the internet of things industry 4.0 big data digital technologies Economics as a science HB71-74 O. E. Kalenov Digitalization in the Mining Industry |
description |
Competitiveness of mining enterprises is determined, mainly by their productivity and operation superiority. Digitalization becomes a decisive factor, which can provide an opportunity to companies of this sphere to remain competitive in the future. In mining industry passing-over to new, advanced methods of work usually happens more slowly due to the scale and complexity of production processes and considerable costs necessary for re-equipment. That is why certain enterprises of this field use digital technologies without enthusiasm. However, the leading mining companies in the world invest vast funds in development of advanced technologies in power engineering and automation in order to increase mining and ecological efficiency, to cut the volume of hand labour, costs and power expenses. It is obvious that digital technologies can give new opportunities for serious rise in productivity and profit. The article studies key lines in digital transformation at mining enterprises, demonstrates basic advantages and potential threats. The authors analyze both foreign and Russian examples of effective digitalization at enterprises of this sphere. |
format |
article |
author |
O. E. Kalenov |
author_facet |
O. E. Kalenov |
author_sort |
O. E. Kalenov |
title |
Digitalization in the Mining Industry |
title_short |
Digitalization in the Mining Industry |
title_full |
Digitalization in the Mining Industry |
title_fullStr |
Digitalization in the Mining Industry |
title_full_unstemmed |
Digitalization in the Mining Industry |
title_sort |
digitalization in the mining industry |
publisher |
Plekhanov Russian University of Economics |
publishDate |
2021 |
url |
https://doaj.org/article/db0e1d40ec1747968956632de02c1a13 |
work_keys_str_mv |
AT oekalenov digitalizationintheminingindustry |
_version_ |
1718428650433413120 |