AIE | Veracity Watchkeeping: Revolutionising Data Reliability in Mining Operations - PowerPoint PPT Presentation

About This Presentation
Title:

AIE | Veracity Watchkeeping: Revolutionising Data Reliability in Mining Operations

Description:

AIE is revolutionizing data reliability in mining operations by using advanced algorithms and machine learning to improve the accuracy and efficiency of mineral exploration. By analyzing large datasets and identifying patterns, AIE can predict the location and quality of minerals with greater accuracy, reducing the need for costly and time-consuming physical exploration. AIE also enhances the reliability of data by automating the collection and analysis of data, eliminating human error and bias. As a result, mining companies can make more informed decisions, reduce costs, and increase the sustainability of their operations. – PowerPoint PPT presentation

Number of Views:0
Slides: 3
Provided by: assetintegrityengine
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: AIE | Veracity Watchkeeping: Revolutionising Data Reliability in Mining Operations


1
VERACITY WATCHKEEPING REVOLUTIONISING DATA
RELIABILITY IN MINING OPERATIONS
THE CHALLENGE Implementing independent,
time-based preventative maintenance programmes
has demonstrated to be statistically
ineffective, with most asset failures still
occurring randomly. Emerging equipment failures
are often detectable, and therefore avoidable if
early signs of failure are identified and
mitigated. With the increasing demand for
minerals and metals, daily operational
surveillance Watchkeeping is often conducted
as part of a mines preventative maintenance
routines, but sadly it is conducted too often as
a tick-box exercise where readings are
collected from instruments in hard copy format
and with poor data quality control. This data is
usually only reviewed by management when
equipment fails and there is a requirement to
perform an investigation. VERACITY
WATCHKEEPING With the digitisation of routine
daily operational surveillance, mining operators
can bridge the gap of data reliability and
realise higher potentials of improved equipment
availability, sustainability and operational
efficiency. Digital operational surveillance via
Veracity Watchkeeping enables operators to
utilise a standardised digital format to collect
thousands of data points across their facilities,
allowing informative trends to be formed, and
data analytics to be completed quickly on large
volumes of data. This leads to more accurate
predictive failure models of critical equipment.
Adopting field-based digital solutions and
controlled digital forms can also ensure
watchkeeping data is collected consistently, and
that quality is not compromised. By utilising
Veracity Watchkeeping, assets and operator
readings are geopositioned. Mandatory fields can
be specified to ensure that data submission is
not allowed unless all necessary information is
2
  • gathered by the user. Data can be entered and
    updated in real-time to avoid data losses or
    errors in transferring from paper to online
    systems. Performance criteria thresholds are set
    and collected data is uploaded directly into the
    Veracity platform for data analytics and
    communication to management for decision making.
  • BENEFITS
  • Through replacing the traditional pen and paper
    approach with our digital watchkeeping solution,
    the following benefits can be realised
  • Provide early warning of potential equipment
    issues.
  • Early detection of potential failures.
  • Drive and measure workforce performance.
  • Improved equipment availability and sustained
    production.
  • Reduced unplanned shutdowns.
  • Optimised maintenance programs.
  • Increased confidence in the collected data.
Write a Comment
User Comments (0)
About PowerShow.com