The Internet of Things and Mining

The Internet of Things and Mining

Is the Internet of Things the next wave for the mining industry? GotIot? The mining industry is growing up. Traditionally a labor-intensive and brute business, the sector has progressed significantly over the last few years, adopting newer technologies and leaner practices to the way it operates. The emergence of big data has allowed mining manufacturers to predict and eliminate potential problems in machinery by collecting infinite amounts of data from their equipment and transforming it…

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The Internet of Things: Making Sense of the Next Mega-Trend

The Third Wave Of The Internet May Be the Biggest One Yet. 28 billion reasons to care… The Internet of Things (IoT) is emerging as the third wave in the development of the Internet. The 1990s’ fixed Internet wave connected 1 billion users while the 2000s’ mobile wave connected another 2 billion. The IoT has the potential to connect 10X as many (28 billion) “things” to the Internet by 2020, ranging from bracelets to cars. …and the train…

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What is the Internet of Things?

The Internet of Things–described aptly as “the extension of the Internet to the physical world”– will reshape the way business is done across every sector of the economy and every industry. It will bring previously offline businesses and processes online. It will reconfigure companies’ entire business models, their relationships with their customers, and the structures of their organizations. The “things” are just a means to an end. They are the tools that help businesses establish…

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