Australian Mining in 2018 is Resurgent
Australian mining, equipment, technology and services (METS) sector is emerging from a downturn and reassessing its approach to the future.
Market conditions are improving and confidence has begun to return but commodity prices are still marked by fluctuation. How should Global and Australian or global mining companies approach this new era?
These are the key, interrelated ideas around which the future of mining is developing:
- Collaboration
- Innovation
- Technology
Commit Works operates at the nexus of these priorities. We deliver software solutions that grow with the industry and facilitate better collaboration on mining operations.
Collaboration
The value of collaboration in mining has gone largely untapped in an industry that’s known for silos and secrecy.
In the recent tough years, Australian mining companies have learned that better workforce cooperation is crucial to improving efficiency, productivity and safety on site.
Collaboration is a rising trend across and outside of sector. Mining companies actively partner with software developers, technical specialists, strategic thinkers and others. By recognising diversified knowledge and new perspectives, the METS industry is transforming to guarantee future survival.
Innovation
During the downturn, mining companies focused on innovation to survive. In the wake of this challenging period, innovation remains a constant consideration. The world is changing fast. Rapid technological advances and volatile markets drive transformation. “Innovation” captures the ways in which companies stay relevant and competitive.
Technology
The upswing in the market has meant that more companies can invest in technology. Digitisation is now happening across all levels of business. These investments are seeing improvements in equipment capabilities, workforce management, safety and efficiency, as companies benefit from mobile technology, cloud computing, automation, real-time reporting and big data.
Australian Mining and CiteOps
See how CiteOps drives sustainable performance improvements for the Australian and Global mining industries.
