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Showing posts with the label 2017 at 06:53AM

A meaningful purpose for today and tomorrow: the impact of sustainable business development

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What is your company doing to turn business development into something sustainable? Increasingly, the data shows that organizations taking initiative to address climate change are positioning their business to succeed both in the market and as advocates for social change. Sustainable development isn’t just about improving the world for future generations — it’s a meaningful purpose for today and tomorrow. The New Digital Economy Three trends — decarbonization, decentralization and digitalization — will forge the transformation to the next economy, the Digital Economy. Alongside those trends, energy consumption will increase by 50% in the next 40 years. This means we must cut greenhouse gas emissions in half if we want to keep the global temperature increase under two degrees and manage the pollution of cities at a bearable level. In order to do that, we have to decrease our carbon intensity and improve our efficiency by a factor of three. These realities pose both great challenges a...

Where Does Your Mine Stand in Mining Industry Transformation Maturity?

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By Rachel K. Carson (MarCom Intern for Process Industries) Adapted from IDC Perspective: Mining Industry Transformation written by Emilie Ditton. Change is hard. The truth is that many mining companies are still very hesitant about furthering their digital mining transformations in fear of cost, uncertainty, and mostly, fear of the unknown. However what mining companies need to know is that technology across the 3 rd platform – cloud, Big Data and analytics, mobility, and social as well as innovation collaboraters (ex: IIoT, next-gen security, cognitive processing, and AR/VR) are critical to reshaping operations. These technologies will reengineer processes and activities within the mining industry. Maturity through the transformation does not have to be all immediate. Many companies are slowly integrating the digitization transformation in hierarchy processes. Where are the majority of mining industry transformation investments made thus far? To get a more realistic and clearer...