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You woke up and hammered the alarm clock! Went to switch on the electricity for your usual daily chores, and made a sumptuous toast for breakfast. You were running late, took the car keys, and went on in your car for your job, also you used your laptop. In the evening you went to the Gym, and now can lift a 100 Kg Deadlift! Super Proud. You went back home, closed your door well, and went off to sleep after a perfect Productive day!
Now what does the whole day have in common?
You using metals.
It would be highly mulish on my part to make you realize how the metals operate in our day-to-day life, and what sort of Importance they portray in each and everyone’s life! I know that you have scored well in your school, but I will be writing with the basics, that yes, metals originated via a mining Process in the long lost case of originating out of ores or minerals. The electricity that we use originates from coal, which is also generated out of mining.
But in the title we have mentioned IoT! So…
What is IoT? How it is Related to the Mining Industry?
To answer your question, the mobile or the laptop, or be it any gadget that you are reading this blog from is IoT. Internet of Things is a parlance used optimally and diversely for all the products that are being used by us, and that uses the internet for its potential and optimal usage. Hence, be it your laptop, your camera, or your car, if it is something turning into the smart category, with global outreach, then it is an IoT.
Now coming to the second question!
Traditional Mining Industry devised highly beneficial results but lacked competence with the advent of technology. Hence, the usage of suitable remote sensing, or be it the inevitable cost optimization made the Mining Industry in sync with the technology. Additionally, It is more favorable in terms of profit, simply saying usage of IoT Devices! Moreover, with the valuation at 3.7 Bn USD, the IoT-related Mining Industry is hoping for a tremendous change in terms of CAGR that too from 2022 to 2027. Therefore, many companies based in Canada, Australia, and India opted for the usage of IoT and got the results. The Glencore’s Mantgami of Zinc Mine with their technology partner Newtrax, even made it feasible to the extent that ore hauling in one turn yields around 60 tonnes.
Fascinating! Right?
Now in case you are a budding entrepreneur with a zeal to make a mark over the whole Industry, an already established Industry Player, or a person who is in dilemma to opt for IoT or not. This meticulously crafted PowerPoint Presentation is for you! Dealing with the holistic approach of the IoT-laden Mining Industry, and the production of suitable templates with graphical representation, our PowerPoint Presentation serves as highly credible.
The basic slides that it entails Include:
Cover Slide
The first and foremost slide of our dynamic PowerPoint Presentation titled “How IoT Technology is Transforming Mining Industry” is a beautiful amalgamation of the rightful colors based on the hue Orange shade. To give a further rustic look, the usage of brownish orange is made evident in terms of mosaic bars. The apt background also confers the gist of the presentation and represents the idea lucidly. The Background entails the workers with the crane and the operations. The Background makes it clear about the usage of this PowerPoint Presentation. The usage of suitable font too, be it for the title and then leaving the gap for you to put your company name, makes the whole Presentation more relevant! Get access to this Deck which is also compatible with Google, and will help you at every point in getting Investors!
Table of Contents
The essence of this PPT can be seen in terms of its Table of Contents. The Table of Contents of this insightfully developed Deck divides the whole PPT into major 11 parts. It works not only on the Overview, where it entails the features, key benefits, technologies, processes, etc. but then leads on to the Outlook compassing the Size, Trends, and architectural framework, then to the Mining Architecture and then it leads us to the Commonly used IoT Devices in the Mining Industry. It also covers the Security and Privacy challenges that are taken in great value in the time of using this technology, the Techniques of IoT Mining, the Applications, the Tools, and most importantly the Future Trends! With many sub-topics, under the major topics and categorization, this Presentation comes out the best to present this topic!
Introduction to IoT Mining and Features
Our slide showcases a glimpse of Internet of Things (IoT) mining and its major characteristics. It provides us with a basic overview and entails that IoT mining is a technique of gathering important knowledge, patterns, and key insights from a large volume of data generated by Internet of Things (IoT) devices. Furthermore, the slide covers information about large-scale data processing, real-time analytics, and data mining strategies. Additionally, it caters to predictive analytics, industry-specific applications, and security considerations, and put more lucidly and comprehensively!
Key Benefits of Using IoT in the Mining Industry
This slide showcases the major advantages of using Internet of Things (IoT) technology in the mining industry, and divides the whole subject into 5 subparts!
- Remote Monitoring: Allowing real-time monitoring of various mining devices and operations from a centralized location.
- Improve Safety: Maintaining the Safety Protocols.
- Supply Chain Optimization: Can track and analyze the movements.
- Automated Fleet Management: GPS and telematics can be used to enhance vehicle movement on mining sites.
- Cost Optimization: IoT devices in mining can be used to monitor the consumption of fuel, electricity, or water.
Process of IoT Mining to Make Data-Driven Decisions
This slide entails the eight-step process of Internet of Things (IoT) mining to make data-driven decisions in real time. Furthermore, the proof begins with the deployment of IoT devices, data collection, data transmission (through wireless communication protocols), data storage, real-time analytics, visualization, decision-making, and continuous evaluation.
Global Market Size of IoT Mining
As we always say the bigger battles are always won with the right numbers. Hence, to ensure that we have the right figures on our side, this slide is curtailed to your needs. Therefore, it shows a statistical representation of the Internet of Things (IoT) mining market size, with a CAGR of around 7.58%.
The Key Takeaways it presents puts:
- The Internet of Things (IoT) mining market size across the globe is projected to reach $29.1 bn in 2030.
- Advancements in AI & data analytics, and higher investment in IoT cybersecurity are some of the major reasons which are driving market growth.
Latest Trends Associated with IoT Mining
Now our last and important slide. With the multifarious aspects that it posed, the next slide entails the Latest trends, and how the IoT is turning itself into a global phenomenon. It divides the parts into 4 groups and entails:
- Continuous Use of Private Networks and 5G:
- Companies are continuously using 5G networks and private LTE networks at mining sites.
- High-speed and low-latency networks enhance seamless communication across mining operations.
- Higher Investment in IoT Cybersecurity:
- Mining companies across the globe are increasing their investment in IoT security
to protect their network infrastructure.
- Digital Twins in Gaining Popularity Among Mining Companies:
- Mining companies are continuously using digital twins’ framework to replicate physical assets in the virtual world.
- Higher Usage of Drones:
- Smart drones are used by companies for inspecting and surveying mining sites
Conclusion
With the varied interests in terms of cost optimization, quick decision-making, remote sensing, and growth in the future, the usage of IoT is seen as a viable option as compared to the Traditional Mining industry usage. Therefore, even the latest trends in terms of IoT have also posed in favor of this high-tech mining usage, the companies of Canada, Australia, and even India have grown so far with the optimal usage of technology. Visit our website for more content and get customized templates, specifically designed keeping the needs in mind! Sign in at https://www.slideteam.net/ and have an enthralling experience.
Click Here to Download Free PPT!
Click Here to Download Free PDF!
FAQs
What is IoT Mining?
IoT mining is a technique of gathering key insights from a large volume of data generated by IoT devices.
What is the process of IoT Mining to Make Data-Driven Decisions?
The Process begins with the deployment of IoT devices, data collection, data transmission (through wireless communication protocols), and data storage. Forwardly, it moves to real-time analytics, visualization, decision-making, and continuous evaluation.
What are the key benefits of using IoT in the Mining Industry?
The key benefits include Cost Optimization, Remote Sensing, Fleet Management, Safety, and Supply Chain Optimization.
