www.123rf.com Insight 2: Digital transformation technology is being applied where it has the greatest measurable benefit Mining is embracing key technology initiatives that provide ROI Our older mines struggle with digital transformation due to technical and digital transformation technology debt (legacy systems). Retrofitting where it was not designed for purpose is costly. Several CEOs made the point that their newer (typically overseas) mines were designed with digital in mind, upfront, and are 75% along the roadmap after just a few years. When asked why we could not replicate this in South Africa they told us that the key drivers – aside from the age and retrofitting requirement – is firstly the lack of qualified resources, and secondly the resistance to change from a low-skilled low educated workforce. There is also some confusion and uncertainty as to how the new technologies will function and scepticism regarding ROI. RELATED: Digital transformation in the South African mining industry: Part 1 This is not to say we do not have cutting-edge digital transformation technology in use – it is applied in specific areas of the value chain. We see a concentration of technology initiatives within the processing areas of the business which are […]
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