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Goldcorp: Internet of Things Enables the Mine of the Future - Cisco Industrial IoT Case Study
Goldcorp: Internet of Things Enables the Mine of the Future
Goldcorp is committed to responsible mining practices and maintaining maximum safety for its workers. At the same time, the firm is constantly exploring ways to improve the efficiency of its operations, extend the life of its assets, and control costs. Goldcorp needed technology that can maximize production efficiency by tracking all mining operations, keep employees safe with remote operations and monitoring of hazardous work areas and control production costs through better asset and site management.
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Predictive Analytics Generates Greater ROI for Customers - Cisco Industrial IoT Case Study
Predictive Analytics Generates Greater ROI for Customers
Manufacturing plants are running at a much higher capacity utilization than ever before. Often, it is a 24 hour a day, seven days a week operation. With downtime costing plants up to US$20,000 a minute, they cannot afford disruption to their processes. In fact, a single occurrence can cost a plant upwards of US$2 million.FANUC was struggling with lack of visibility into how their customers were leveraging FANUC equipment on the factory floor. The only insight was gained after a problem had already occurred resulting in costly downtime for the customer.
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