Business Analytics Article

Business Intelligence vs Business Analytics

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In our experience as part of a leading provider of data analysis to the mining industry, we’ve seen an abundant volume of complex datasets generates by equipment, geologists and engineers on site.

Ironically, this industry is sitting on a goldmine of data to harness and ensure stable growth for all mining ventures. It has become the gamechanger in how mining companies improve operational efficiencies, from automation and real-time planning to the management of on-site workforces and to regulate health and safety on a proactive basis to adhere to strict compliance.

The idea is to improve processes and reduce operational costs and losses. Find faster ways to analyse the concentration of best components, ore extraction and processing, which are all agile processes at an operational level. Improve the logistics side of a critical role in mining, which is transportation. Identify areas of inefficiency so your company can strategise quick enough for a vast improvement on the next day.

We provide our customers with a powered business intelligence-integrated solution. The application thereof forms a strategic part of the success of a prospective, competitive company.

With data warehouses forming a crucial part of access control and one of the most lucrative components in BI application, we can assure our customers that our solutions altogether, will protect their company’s sensitive data.

Health and Safety analytics are essential to supply the advantage of creating a safe work environment for your employees and to improve where possible risks might arise. Analytics can streamline this process to provide management with early warnings of risks that might cause significant problems in the road ahead. With Drivatic reporting dashboards, you can drill down to incidents, managers on-site at the time of an incident and the injury which an employee incurred.

Access control of employees in areas on-site is a critical facet to analyse. See where employees have spent their time the most and to tie it back to health and safety, one can immediately see the incidents that took place in some regions of your site whether it’s above or below ground. Analyse injuries over time in segments of your site to know where to focus on improving safety and where your budget should be allocated to.

The significant part of extensive visualisations is the ability to create synoptic panels to emulate the maps of your site and extraction areas. Interact with a dynamic map that comes alive to provide you with the data you need to know what blocks of mining offers the most value to your bottom-line.

Create strategies to produce the most value over time and smartly navigate your way to successful day-to-day analysis-to-action routine to know the ground your mining on better than before.

 

As mentioned before, equipment and machinery are the heart of any mining operation and to lessen downtime would be of the essence to any mine.

Get insights on which settings would be optimal on machines to produce the best extraction and know when they are due for repairs or subject to a breakdown. This proactive way of taking into account the details and acting on it should be part of any mining company’s risk management strategy and integral to their success of the most valuable extractions for lower operational costs and fewer injuries to employees.