The concept and the challenge
How informed decision making is saving millions of dollars
Newcrest Mining embarked on a digital transformation program which turned to Industrial IoT and Advanced Analytics to enable early detection of constraint conditions that prevents its mining sites from achieving peak production rates.
The key objective was to build a platform capable of capturing and processing 40 billion records of machine sensory data, from 100,000 sensors across their 24/7 mining operational internationally, captured at 2-3 second intervals. Only a robust and scalable platform could handle this large amount of data, and allow for Newcrest’s Data Science partners to explore and identify predictive maintenance algorithms that would avoid production downtime – saving millions of dollars.
An internet-of-things platform solution
Insight architected and implemented Newcrest’s Data Science Platform, built on Microsoft technologies, to transfer the massive amount of sensor data into a data ‘lake’, with best-in-class in-memory processing capability that could allow for quick data preparation and discovery, and to leverage machine learning models from the R & Python communities.
The use of this platform, among other initiatives such as crowdsourcing solutions, is why Newcrest is regarded as a leader in innovation for the mining industry. The company dedicates significant resources to scouring and assessing unconventional approaches to complicated site challenges.