New IoT solution to help mining companies drive digital transformation

IFS is set to release a new product that it claims will shorten the time from ideas to tangible benefits for mining customers’ IoT initiatives by providing an end-to-end architecture and the ability to turn IoT discoveries into actions.

IFS IoT Business Connector has been designed to de-risk and accelerate IoT initiatives in areas such as predictive maintenance, service management, asset management, and mining.

The company said it provides the ability to harness data gathered from products, assets and equipment to identify actionable observations that trigger user-defined, automated or semi-automated workflows in the IFS enterprise software.

IoT Business Connector also provides plug-and-play connectivity with the Microsoft Azure IoT Suite for device communications and data analytics, alongside open APIs to connect other IoT platforms or specialised IoT discovery applications.

IoT Business Connector bridges the gap between analysis of IoT data and allows the use of the output from such analyses to execute maintenance, service, and mining more efficiently. It adds the ability to turn an investment in IoT connectivity and data analytics into savings through process efficiencies, and into new revenues through service innovation.

It is currently being evaluated at by a number of overseas resources customers including Songa Offshore, an international midwater drilling contractor and Hecla Mining, a North American precious metals mining company.

The IFS IoT Business Connector will be officially released to market in early 2017.

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.