Digital Transformation In The Mining Sector: Realizing Worldwide Technology Trends And Managerial Concerns
To thrive in the highly dynamic and complex environment, it is necessary for modern businesses to observe and analyze industry technology trends with an ongoing basis, and develop future-focused innovation-oriented activities that enable a company to adjust to the progres and uncertainty.
Nowadays the digital transformation process is known as one of the most important factors central on the growth and development of the mining sector, along with relevant trends that are likely to shape the mining from the future. Digitalization has become a business imperative, leveraging the latest technology advances to improve operational processes in order to ensure strategic competitiveness, reduce risks, and increase business performance.
However, it remains hard for mining operators to choose which digital technologies are the most relevant to their experience, current needs, priorities, and challenges. There are many of documents and descriptive overviews of digital technologies in the mining sector which are relevant at the firm level and develop a managerial framework for organizations in to describe key dimensions that needs to be considered for the successful digital transformation strategy implementation.
Over these studies digitalization in the mining market is thought to be an operation of adopting technologies, digital devices, methods, systems, digitized data, and advanced analytics in an appropriate strategies by order to achieve desired strategic organizational objectives and business outcomes, such as costs reduction, operational performance improvement, and a general transformation of mining practice towards making it safer and more efficient and sustainable.
These researches focuse on defining a theoretical grounds for a deeper understanding of the current global trends pertaining to digitalization which can be likely to shape the mining of the future.
You can discover the importance of organizational adoption of digital innovations for the mining operators and descriptions in the mechanisms by which it could be carried out.
Additionally, managerial implications are presented which may be conceptualized at the firm level as a way to integrate new digital technologies into the operating model to undertake successful digital transformation
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