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Algorithmic 'soft sensors' boost Newcrest's gold-mining productivity


By
Osisoft
on Apr 27, 2021 4:06PM
Data mining pays off for actual mining as gold giant doubles down on digital transformation.
A cohort of Newcrest Mining engineers are pursuing postgraduate qualifications in data science after their interest was piqued by a transformative, data-driven process project that has dramatically boosted mine production and paid for itself in three months.
Leveraging a host of Internet of Things (IoT) sensors to reinforce unpredictable and often-damaged physical sensors, the project was undertaken to reduce expensive downtime at a key process in the gold mine in Cadia, NSW – one of the Australia’s largest gold mines, 25km from Orange – involved in the processing of mined ore. ....

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Data Science Platform Market Size To Register 26.9% CAGR By 2027 Based On Increasing Data Volume & Adoption Of Sophisticated Tools For Data Management


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FELTON, Calif., April 12, 2021 /PRNewswire/ As per the published report, the global Data Science Platform Market size is estimated to arrive at USD 25.94 billion by 2027. It is projected to develop by 26.9% CAGR in the period of the forecast.
What are Key Factors Driving the
Data Science Platform Market?
These days, data science has turn out to be extremely important for the business. Since, the figure of the model creators, tools and models is growing, the requirement for the standardized data science platform, which can offer complete resolution, is also rising. Just before recognizing which tool to be utilized at what time and administer the intricacy, linked with the organization of a huge magnitude of data, as well as increase flexibility, the implementation of these data science platforms is rising. These platforms are offering companies with a continuous procedure of administration, set up, and generate analytical representation, in a joint and recepti ....

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