IBM Announces Optimisation Solution For Mining Industry

11
cmt right
14
Comment Right
18
cmt right
4
cmt right
Printer Print Email Email


New Delhi: Software developer IBM announced optimisation solution 'Mine-to-Ship' to help mining firms increase resource usage and output and reduce cost of operations.



The US-based firm is targeting the natural resources industry, which is witnessing an increase in exploration activities in metals and oil and gas sectors.



The company's optimisation solution allows integrated mining companies to enhance their supply chain operations by optimising each supply chain component in a fully integrated schedule.



"While working with companies in this industry, we have seen an increasing need for maximising sustainable and value-based engagements," V Neelakantan, IBM ISA Industry Leader (Manufacturing and Natural Resources), said.



The limited supply of natural resources coupled with rising demand is a key driver for new technologies in this industry, and the scale of this industry is so vast that a fraction of a percentage improvement in any single area can yield benefit in billions of dollars, he added.



Also Read: 5 Linux Distributions With Fastest Boot Speeds



Also Read: Top 10 Antivirus Software of 2013


Source: PTI
next new
SPOTLIGHT
Gartner cites Newgen Software as
Newgen Software, a provider of Business Process Management (BPM), Enterprise Content Management (E..
Apple top-selling phone brand in
Moving ahead of its Chinese rivals, Apple became the top-selling phone brand during Chinese e-comm..
Robyn Denholm is new Tesla
Electric car company Tesla on Thursday announced the appointment of Robyn Denholm, an executive at..
ATEN India Showcases its World
ATEN India, the Liaison Office of ATEN International, exhibited it's most promising data center in..