IFS, a global cloud technology provider, will lead a panel discussion on Tuesday, October 31, that will focus on harnessing cutting-edge technology.
The discussion will be held along the International Mining and Resources Conference (IMARC) . IMARC event is running from 31 October to 2 November 2023, at the ICC Sydney.
IMARC 2023 is sponsored by State Government of Australia, Austimine, IFS among other Companies. However, IFS is the major sponsor for this year’s event.
IFS is currently helping to transform mining operations and achieve sustainability and ESG targets. This is important in achieving Net-Zero Emissions (NZE) in a changing regulatory environment.
IMARC 2023 has also provided an opportunity for the World Economic Forum (WEF). WEF took the lead on the global energy transition, With an exclusive round table discussion on the sidelines of IMARC 3 days a go.
IFS discussion will be led by IFS Enterprise Asset Management Evangelist Bas Beemsterboer. He will also be joined by Sam Lau.
At the same time, Superintendent Production Accounting & Reporting Ian Dixon, will also join the discussion.
The panel will be facilitated by Vijay Jaswal, the Chief Technology Officer. He will use the opportunity to explore the dynamic intersection where sustainability, technology, and strategic evolution converge.
Likewise, EAM specialist Bas Beemsterboer says that the mining industry is at a pivotal juncture. The merging of Resilient Asset Management, tech advancements, and ESG reforms signal a new dawn.
“Asset performance management is broader than a piece of technology, but rather a concept that aligns and fits the asset management strategies with the strategic objectives of the company, empowered with enhanced capabilities due to the advanced level of technology and end-to-end operational data available at their fingertips
By leveraging asset performance management tools, mining organizations can both optimize operational efficiency as well as minimizing environmental impact, ensuring success on both fronts, ” Mr. Beemsterboer stated.
New Technology to Spur Mining Activity
He further notes the important role that technology and data analytics can play in promoting sustainable mining practices and ESG compliance within the mining industry include the electrification of mines.
“We can already see the evolution to electrified mining sites is fast approaching, and mining organizations are looking to migrate their assets from diesel-powered to electric power chains.
As this migration occurs, the requirement for organization’s to properly manage and maintain these assets remains a key imperative. But with the introduction of AC (alternating current) motors comes increased electricity consumption,”
Sam Lau, Superintendent Production Accounting & Reporting – IPRO at BHP says that asset performance management was an important tool in ensuring that BHP could maintain environments in the communities surrounding their mining sites.
“Community partnerships are vital to value creation. Asset Performance Management Systems has been a critical enabler for BHP’s Air Quality Management Systems to operate in the townships of Newman and Port Hedland, to ensure that our frontline operations can make better, faster and more consistent decisions to eliminate dust.
As an example, a key control for dust is moisture.
However, excessive moisture results in problematic handling and increased diesel consumption from railing and shipping. So, we use the advanced insights from asset performance management to provide our analytical teams with seamless access to data to complete thorough investigations to implement smart and sustainable preventative controls,” Mr. Lau said.
On the other hand, Ian Dixon, Senior Operational Technical Engineer at Peabody Energy sees incremental steps through end-to-end analysis as the immediate first step mining organizations should be taking in order to balance ESG and profitability goals.
“We often forget the importance of incremental steps, such as automated data collection, robust monitoring and standardized processes across sites. These are the key levers towards reducing waste and increasing efficiencies
“Asset performance management helps by providing centralized platforms and processes to bring together a multitude of contextual information. They also help to give business leaders with a broader view of asset performance and impact, while allowing for faster decision making to manage reaching both ESG and profitability targets,” Mr. Dixon stated.
Additionally, Vijay Jaswal, sees the upcoming panel as an opportunity to understand the full potential of IFS.
This panel brings together industry leaders from some of Australia’s largest mining organizations. They come to share their thoughts and experiences on how technology has transformed their operating capabilities. It’s clear that technology is paving the way for a ‘new dawn’ in how mining organizations operate,”
IFS develops and delivers cloud enterprise software for companies around the world. These are Companies that manufacture and distribute goods. They also build and maintain assets, and manage service-focused operations.
IFS products innately connect to a single data model and use embedded digital innovation to serve its customers.
The Company has over 5,500 employees globally that help to support their customers.