Keen to create market-leading offerings in data-driven productivity and predictive maintenance solutions, the two companies are already working jointly with selected customers to pilot the concept and commercialise specific solutions.
These solutions will incorporate remote monitoring and cognitive technologies, alongside their use of advanced analytics. All this will allow customers to combine equipment and application data from disparate resources and automatically analyse patterns in the data to improve performance and productivity.
Future Sandvik-IBM technology solutions will also help rock excavation customers save costs and reduce time wastage by facilitating well-informed decisions regarding production plans and maintenance schedules. Furthermore, the solutions will offer the opportunity to monitor and improve equipment utilisation.
Sandvik president Lars Engström said: “Sandvik has been working with mining customers on mine automation and remote monitoring of machines for more than 20 years. Our OptiMine and AutoMine solutions are also important systems for data collection and consolidation that provide us with a great platform to get a flying start with IBM analytics solutions. So it is a natural step for us to collaborate with a company like IBM – experts in advanced analytics cognitive computing and modelling – to create even more value to our customers.”
Anders Fredholm, VP industrial products industry, IBM Europe, said: “We look forward to taking our expertise in internet of things, advanced analytics and asset management and combining that with Sandvik’s years of experience in developing mining processes and machine technology to build a collaboration around innovation and delivery of smarter digital services offerings for natural resource companies around the globe.”
