Meeting the “Great Crew Change” Challenge in the Mining Industry

The increasing pace of retirement in the baby boomers and earlier Generation-X workforce means that up to 50-66% of the existing employees are expected to leave the workplace by 2022. The U.S. Bureau of Labor Statistics reports that the retirement percentage of the baby boomers generation has doubled since 2010. … Read More »Meeting the “Great Crew Change” Challenge in the Mining Industry

Optimizing Maintenance Operations Using Preventive & Corrective Maintenance for Oil, Gas & Energy Companies

As in any manufacturing company, machine maintenance is a ‘necessary’ part of improving productivity and output through enhanced uptime. However, according to the Journal of Petroleum Technology (JPT), the estimated machine downtime in the oil and gas sector ranges between 5% and 10%; thus, calling for significant improvements in the… Read More »Optimizing Maintenance Operations Using Preventive & Corrective Maintenance for Oil, Gas & Energy Companies

Increasing Frontline Team’s Safety and Compliance in the Oil and Gas Industry

Despite improvements in safety standards and equipment, the fatality rate among frontline team members in the oil and gas industry remains high when compared to other industries. A Dräger survey reveals that only one-third of safety managers rated their organization’s safety measures as “strong,” while nearly 62% rate the quality… Read More »Increasing Frontline Team’s Safety and Compliance in the Oil and Gas Industry

Conducting Remote Inspections & Audits in Oil & Gas Industry

In the aftermath of the COVID-19 pandemic, remote working has become the norm, increasing the demand for remote inspections and audits in the oil and gas sector. Today, the availability of digital tools and technology are making it possible to conduct “virtual” on-site inspections. In terms of business productivity, the… Read More »Conducting Remote Inspections & Audits in Oil & Gas Industry

Reducing Plant Commissioning, Machine Installation Time & Errors in Oil & Gas Industry

According to Deloitte, the US oil and gas industry has a workforce of close to 1.5 million, most of whom are largely ignored by technology providers. In addition, the short cyclical nature of oil and gas exploration means that 70% of the jobs that were lost in 2020 may not… Read More »Reducing Plant Commissioning, Machine Installation Time & Errors in Oil & Gas Industry

Reducing Production Downtime in the Mining & Metals Industry

Be it a manufacturing or mining company, unplanned production downtimes are a growing bane that is impacting overall productivity and operational efficiency. To counter this, mining companies are beginning to appreciate the benefits that digital tools and technologies can bring in reducing their production downtime. ABI Research estimates that global… Read More »Reducing Production Downtime in the Mining & Metals Industry

Optimizing Maintenance Operations Using Preventive & Corrective Maintenance for the Mining & Metals Industry

The global metal mining industry continues to grapple with challenges related to hostile mining facilities, growing safety concerns, and aging mining equipment. Each of these factors makes machine maintenance all the more demanding for mining operators. The U.S. mining industry alone has accounted for 22 accidents (by August this year)… Read More »Optimizing Maintenance Operations Using Preventive & Corrective Maintenance for the Mining & Metals Industry

Increasing Frontline Team’s Safety and Compliance in the Mining & Metals Industry

Despite the continued improvement in occupational safety in the U.S mining industry, this sector continues to record worker fatalities. The U.S. Mine Safety & Health Administration (MSHA) recorded the deaths of 27 miners in 2018 from an overall workforce strength of over 330,000. Researchers at the U.S. National Institute for… Read More »Increasing Frontline Team’s Safety and Compliance in the Mining & Metals Industry

Reducing Plant Commissioning & Machine Installation Time & Errors in the Mining & Metals Industry

Plant or machine downtime can be devastating in any industry, however, it is critical in the Mining & Metals industry. Unplanned breakdown of mining equipment can cost mining companies up to $180,000 due to lost production. Loss in production in each incident can cost $3,000 every hour and up to… Read More »Reducing Plant Commissioning & Machine Installation Time & Errors in the Mining & Metals Industry

Conducting Remote Inspections & Audits in Mining Industry

As an aftereffect of the global COVID-19 pandemic, the mining industry is also reimagining its mining operational model and enabling “remote working” facilities to its workers. McKinsey reports that mining companies have begun to relocate 15-20% of their onsite workforce to the remote work model. The emergence of digital inspection… Read More »Conducting Remote Inspections & Audits in Mining Industry

Leveraging Technology To Control Automotive Warranty Costs And Improve Customer Satisfaction

In 2019, Warranty Week reported that warranty claims expenditure for automotive manufacturers amounted to about 2.5% of their revenues. Controlling these automotive warranty costs provides auto makers a significant opportunity to increase their profitability.

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How Digital Transformation Increases Repair Efficiency For Automotive Dealers And Manufacturers

The emergence of new technologies in the automotive industry has resulted in a generational change in complexity (of products and service offerings) and transformation of the underlying business and ownership models. Dealer technicians are at the sharp end of the impact of new technologies and increasing complexity and face the problem of accessing the right knowledge, information, and guidance they need.

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