The Sustainable Value Journey: Part 1 ? Using it-OT Integration to Exploit the Mining Value Chain

Society for Mining, Metallurgy & Exploration
J. Starwood
Organization:
Society for Mining, Metallurgy & Exploration
Pages:
8
File Size:
487 KB
Publication Date:
Feb 23, 2014

Abstract

Post-super-cycle mining executives must exploit every aspect of the value chain to deliver continued value to stakeholders. Integrating enterprise-wide information technology with value-chain-wide operational technology, known as IT-OT integration, is essential to extracting optimal results from the value chain. Mining companies trail other industries with respect to IT-OT integration across the value chain. Manual data consolidation and value chain optimization using spreadsheets and human intelligence are widespread practices within the industry. Increasing automation with smart devices and controllers means the volume and velocity of data will soon increase beyond human abilities. Enterprise Architecture provides a method for aligning information technology with the business operating model to successfully implement IT-OT integration. A Value Realization Framework (VRF) provides a means for predictable traceable value realization from IT investments and assets. With these principles, frameworks, models, methods, and techniques, mining organizations can accomplish IT-OT integration that provides their executives with a strategic value-chain-aligned platform for sustained value realization over the long term.
Citation

APA: J. Starwood  (2014)  The Sustainable Value Journey: Part 1 ? Using it-OT Integration to Exploit the Mining Value Chain

MLA: J. Starwood The Sustainable Value Journey: Part 1 ? Using it-OT Integration to Exploit the Mining Value Chain. Society for Mining, Metallurgy & Exploration, 2014.

Export
Purchase this Article for $25.00

Create a Guest account to purchase this file
- or -
Log in to your existing Guest account