Connected Mining Market Research Report covers the present scenario and the growth prospects of the Connected Mining Industry for 2016-2020. Connected Mining Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Connected Mining globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Connected Mining Market:
Other Prominent Vendors of Connected Mining Market Are:
“One of latest trends in the market is growing demand for big data analytics. With the adoption of connected technology and data centers, most of the enterprises are adopting advanced tools to leverage the availability of an abundance of data. These companies are leveraging big data and designing their IT strategy to capitalize on such opportunities. For instance, in 2014, IBM introduced new big data solutions to help organizations in avoiding financial crimes by using advanced analytics to address losses each year. To make the most of this data, governments worldwide are focusing on building a big data infrastructure, which has increased the overall IT services cost. This has prompted the government to outsource data analytics activities. As the use of big data has spread across several industrial segments including mining, the convergence of big data with the industrial internet is likely to return better payoffs, resulting in its adoption in all mining applications.”
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According to the report, one of the primary drivers in the market is increased global mining operations. Minerals and metals play a crucial role in daily operational activities involving food and water supply, sewage treatment, energy, infrastructure, transportation, construction, and manufacturing industries. Depleting mineral deposits in Europe and the US have led to a rise in the exploration and mining activities in Latin America, Africa, and parts of Asia. Technological advances facilitate the exploration of the previously inaccessible mining deposits. The development of large ocean-going vessels, which were initially constructed to transport crude oil, is also facilitating the global trade of bulk mineral commodities, such as iron ore and bauxite.
Report also presents Geographical Segmentation analysis of Connected Mining Market of Americas, APAC, EMEA region.
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Further, the report states that one major challenge in the market is data privacy and security concerns. There will be significant investment in developing and deploying industrial internet systems in the future. Adapting to dynamic requirements is crucial for any organization. So organizations focus on developing open, integrated hardware and software platforms, and scalable real-time networks. It is important to deploy a flexible network of systems that can evolve and adapt to the changing requirements. However, deploying flexible solutions involves high cost. Organizations use a platform-based approach, which involves a single flexible hardware architecture that supports various applications and eliminates hardware complexities. This principle also applies to software, and a unified solution with a powerful hardware-software platform will be delivered.
Key questions answered in Connected Mining market report:
No of Pages: 67
Price of Report: $ 2500 (Single User License)
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