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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Autor principal: O. E. Kalenov
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2021
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Acceso en línea:https://doaj.org/article/db0e1d40ec1747968956632de02c1a13
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spelling 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)
institution DOAJ
collection 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
spellingShingle 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
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