Insights

October 16, 2017

Collaboration Centers are the Key to Digital Transformation for Mining

We know that mining in general lags the manufacturing industry in applying digital technology; or to put it more eloquently: connecting the relationship between people, capital and information. How we arrived here is easy to understand. Mines are designed to maximize volume through a capital investment model – NPV. Unfortunately, that calculation assumes a long term, stable commodity price. In a cyclic industry like mining, this is the worst position we can place management under. In a cyclic down-turn, devoid of any options, management is repeatedly forced to cut costs […]
August 16, 2017

Digitization Needs Direction – Rethinking Digital Transformation

Digitization – or more precisely the abundance of data through cheap sensing and the ability of advances in computational power and artificial intelligence to transform decision making – is one of the most disruptive forces that businesses have seen, particularly in relation to competitive business models. But the term “digital” is applied so liberally that businesses risk becoming desensitized to the insightful transformational leadership that is necessary to position effectively for this trend. The terms digital mine, the digital oil-field of the future, the digital utility, digital twins and digital disruption […]
August 16, 2017

Leadership is a deal maker (…or breaker)

Digital Transformation ~ VCI Partner’s View A recent global survey found that while CEOs generally understand the strategic opportunities and threats of digitizing their business, many have yet to build and communicate a vision for their companies or to develop a strategy to make that vision a reality. And most functional leaders lack the skills and knowledge they need to execute a digital strategy, even if there’s already one in place. But strong digital leadership matters. VCI’s “State of Play” survey found that companies that rate highly in both digital […]
July 21, 2017

Think smart cities are smart enough yet? Think again.

“In the future, smart cities will likely bring about many benefits, like less pollution and more efficient transportation systems. But they could also bring about many unintended consequences, according to a panel of speakers at Fortune’s recent Brainstorm Tech conference in Aspen, Colo. The group of experts from energy, transportation, government, finance, and other sectors gathered to debate the top-of-mind topic earlier this week. One of the most pressing questions that repeatedly came up was how to keep hackers from breaching increasingly digitized smart grid systems and transportation networks.” – fortune.com […]
July 12, 2017

Digitization Needs Direction – Rethinking Digital Transformation

Greame Stanway Founding Partner VCI Digitization – or more precisely the abundance of data through cheap sensing and the ability of advances in computational power and artificial intelligence to transform decision making – is one of the most disruptive forces that businesses have seen, particularly in relation to competitive business models. But the term “digital” is applied so liberally that businesses risk becoming desensitised to the insightful transformational leadership that is necessary to position effectively for this trend. The terms digital mine, the digital oil-field of the future, the digital utility, digital […]
June 4, 2017

Understanding the Ransomware Threat

By Chris Gebhardt With industrial equipment becoming more sophisticated in an integrated operational environment, the potential for a CyberSecurity incident increases.  The recent WannaCry Ransomware threat resulted in emergency services and hospitals re-routing patients because equipment was non-functional.  How long could you sustain suspended operations while a cyber cleanup was in progress? Ransomware is a form of software that is surreptitiously installed on computers and electronic systems with the purpose to encrypt contents until the owner pays a bounty for the decryption tool.  Recent variants like WannaCry also incorporate a […]
June 4, 2017

Yes, you need better technology. But, what about people and processes?

Digital Transformation ~ VCI Partner’s View Perhaps because of a long and successful history, your organization is still very much a siloed culture with teams involved in technology and digitization still having different objectives and timelines. There is a conflict between a silo-based management structure and the achievement of integrated targets relating to the upgrading and digitization of operations. Often, we see various technology projects in a state of change, and so are tricked into attempting to “freeze” other developments. Instead we should think about a more integrated and agile […]
April 24, 2017

Big Data Management

Paying attention to Big Data, analytics, data management, and IIOT is becoming an ever-increasing challenge and opportunity. Over the past few decades, mining and business processes have increasingly converged such that differentiating capabilities are reduced. New approaches and technologies are now enabling us to identify inefficiencies and optimize processes much better than before. Big data analytics is one aspect of an integrated approach that helps businesses generate more value across the full spectrum of their value streams. Open source technologies can help us achieve enterprise analytic initiatives that optimize operational […]
April 24, 2017

Leadership is a deal maker (…or breaker)

Digital Transformation ~ VCI Partner’s View A recent global survey found that while CEOs generally understand the strategic opportunities and threats of digitizing their business, many have yet to build and communicate a vision for their companies or to develop a strategy to make that vision a reality. Most functional leaders lack the skills and knowledge they need to execute a digital strategy, even if there’s already one in place. But strong digital leadership matters. The VCI State of Play survey found that companies that rate highly in both digital […]
April 18, 2017

Smart Cities: Using Data to Improve Your City

The Rise of the Smart City “Officials are tapping all kinds of data to make their cities safer, healthier and more efficient, in what may be just the start of a sweeping change in how cities are run. Cities have a way to go before they can be considered geniuses. But they’re getting smart pretty fast. In just the past few years, mayors and other officials in cities across the country have begun to draw on the reams of data at their disposal—about income, burglaries, traffic, fires, illnesses, parking citations […]