Digital portfolio ABB Ability MineOptimize launched for Indian mining sector to enhance efficiency of operations
The digital portfolio combines in-depth sector knowledge, leading-edge technology and global and local project management, engineering and digital transformation expertise developed by ABB over 60 years of working with the mining and minerals industry at every stage of the mining cycle.
Technology firm ABB has launched ABB Ability MineOptimize to connect all electrification, automation and digital offerings to boost Indian government's digitalization move at mines, following the recent announcement of the new National Mineral Policy 2019. ABB's new move is an innovative, comprehensive portfolio of optimized electrification, drives and automation solutions, optimized engineering, digital applications and collaborative services, said a company statement.
The digital portfolio combines in-depth sector knowledge, leading-edge technology and global and local project management, engineering and digital transformation expertise developed by ABB over 60 years of working with the mining and minerals industry at every stage of the mining cycle.
According to the company, ABB Ability MineOptimize will optimize all stages in the lifecycle from design and build to operation and service – of any open pit or underground mine and minerals processing plant. Also, in the current scenario when Indian mines are combining renewables with thermal generation and battery storage, the aim is to increase efficiency while reducing their carbon footprint and overall costs, it said.
“Optimization of mining and mineral processing operations in order to improve productivity, reduce downtime and protect workforce and the environment is essential and an important factor in being competitive in the market,” said Martin Knabenhans, head of product management for ABB’s Process Industries business unit.
“The ABB Ability MineOptimize portfolio offers open, digitally connected mining applications for unmatched operation, maintenance, process and production performance. As digital transformation partner ABB Ability MineOptimize enables IT/OT integration for some of the world's most cost-effective mines,” he added.
The company said that ABB Ability MineOptimize comprises a suite of digitally connected products, services and solutions, which include state-of-the-art digital technologies for remote services, predictive maintenance tools as well as solutions for upgrades and retrofits. Advanced application libraries, software solutions and digital platforms reduce process complexity, promote safe and secure production and lower lifetime operating costs, it added.
By ensuring that the right people have the right information at the right time and from anywhere, ABB Ability MineOptimize digital applications enable mine operators to maximize reliability, safety, productivity and energy efficiency while optimizing planning and visibility across operations and the entire enterprise.
Notably, ABB will shape the future of mining by rolling out new electrification solutions, digital applications and collaborative services in the ABB Ability MineOptimize portfolio. It will also enable sustainable mining by powering the all-electric mine, and re-invent mining automation with the next generation of ABB Ability System 800xA for Process and Power Control.
Watch this Zee Business video
The new ABB Ability MineOptimize digital applications complement electrification and automation solutions and dedicated mining systems for hoists, gearless or ring geared mill drives and material handling which can be applied in the building or revamping of mine, the statement added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
06:23 PM IST