recent white paper written by LCC Asia Pacific's Nicholas Assef on the growing adoption of Artificial Intelligence and Machine Learning in the Mining Wear Parts Industry.
Application of Big Data Systems to Airline ManagementIJLT EMAS
The business world is in the midst of the next
revolution following the IT revolution – the Big Data revolution.
The sheer volume of data produced is a major reason for the big
data revolution. Aviation and aerospace are typical areas that
can apply big data systems due to the scale of data produced, not
only by the plane sensors and passengers, but also by the
prospective passengers. Data that need to be considered include,
but are not limited to, aircraft sensor data, passenger data,
weather data, aircraft maintenance data and air traffic data.
This paper aims at identifying areas in aviation where big data
systems can be utilized to enhance operational performances
improve customer relations and thereby aiding the ultimate goal
of increased profits at reduced costs. An improved management
model built on a strong big data infrastructure will reduce
operation costs, improve safety, bring down the cost and time
spent on maintenance and drastically improve customer
relations.
Prominent Car Manufacturer In UK Predicts Factors For Increasing Manufacturin...Anita Raj
To identify and predict which external factors affect machine efficiency as a key performance indicator and how to make recommendations to optimize such factors to maximize performance
Future IT Trends Talk @Stanford OIT 554 Class - Guest Speaker - 3.7.17Paul Hofmann
The big five future IT trends
Internet of Things:
Assets Turn Into Applications
Machine Intelligence:
AI Could Replace 50M Professional Jobs
Distributed Ledgers:
Block chain is becoming mainstream
Sharing Economy:
We don’t owe anything anymore
Virtual and Augmented Reality:
Remote experience merge visual & digital world
Latest Innovations: Big-Data Analytics - Transforming Flight Operations
Today's aircraft produce roughly 5 gigabytes of data a month. Tomorrow's aircraft will produce more than 30 terabytes of data, exceeding traditional computing capabilities. Big-data analytical methods, cloud-based data warehousing, and software solutions for fast response data mining turns multiple sources of aviation data into actionable information. Data mining real-time flight data improves flight operations by providing better fidelity data for flight tracking, performance, and operating conditions, such as weather. Better data improves operations planning to optimize block times, minimize fuel burn, manage flight distruptions, and provide improved estimated arrival times for ground services management. Accurate, integrated flight operations data in real-time to support day-of disruption management, reducing the number of flight cancellations, delays, diversions, and improving operation reliability.
Technology Driven Process PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - Technology Driven Process Powerpoint Presentation Slides. It has PPT slides covering wide range of topics showcasing all the core areas of your business needs. This complete deck focuses on Technology Driven Process Powerpoint Presentation Slides and consists of professionally designed templates with suitable graphics and appropriate content. This deck has total of thirtynine slides. Our designers have created customizable templates for your convenience. You can make the required changes in the templates like colour, text and font size. Other than this, content can be added or deleted from the slide as per the requirement. Get access to this professionally designed complete deck PPT presentation by clicking the download button below.
COVID 19 has accelerated the adoption of technology on mine sites and oil & gas operations. In turn this has led to a growing appetite for M & A deals involving this style of technology. But not all technology has value, and acquiring companies need to carefully consider many elements of a business model before proceeding with any deal. The linked paper overview a sample of considerations that should be undertaken in assessing any potential deal
Application of Big Data Systems to Airline ManagementIJLT EMAS
The business world is in the midst of the next
revolution following the IT revolution – the Big Data revolution.
The sheer volume of data produced is a major reason for the big
data revolution. Aviation and aerospace are typical areas that
can apply big data systems due to the scale of data produced, not
only by the plane sensors and passengers, but also by the
prospective passengers. Data that need to be considered include,
but are not limited to, aircraft sensor data, passenger data,
weather data, aircraft maintenance data and air traffic data.
This paper aims at identifying areas in aviation where big data
systems can be utilized to enhance operational performances
improve customer relations and thereby aiding the ultimate goal
of increased profits at reduced costs. An improved management
model built on a strong big data infrastructure will reduce
operation costs, improve safety, bring down the cost and time
spent on maintenance and drastically improve customer
relations.
Prominent Car Manufacturer In UK Predicts Factors For Increasing Manufacturin...Anita Raj
To identify and predict which external factors affect machine efficiency as a key performance indicator and how to make recommendations to optimize such factors to maximize performance
Future IT Trends Talk @Stanford OIT 554 Class - Guest Speaker - 3.7.17Paul Hofmann
The big five future IT trends
Internet of Things:
Assets Turn Into Applications
Machine Intelligence:
AI Could Replace 50M Professional Jobs
Distributed Ledgers:
Block chain is becoming mainstream
Sharing Economy:
We don’t owe anything anymore
Virtual and Augmented Reality:
Remote experience merge visual & digital world
Latest Innovations: Big-Data Analytics - Transforming Flight Operations
Today's aircraft produce roughly 5 gigabytes of data a month. Tomorrow's aircraft will produce more than 30 terabytes of data, exceeding traditional computing capabilities. Big-data analytical methods, cloud-based data warehousing, and software solutions for fast response data mining turns multiple sources of aviation data into actionable information. Data mining real-time flight data improves flight operations by providing better fidelity data for flight tracking, performance, and operating conditions, such as weather. Better data improves operations planning to optimize block times, minimize fuel burn, manage flight distruptions, and provide improved estimated arrival times for ground services management. Accurate, integrated flight operations data in real-time to support day-of disruption management, reducing the number of flight cancellations, delays, diversions, and improving operation reliability.
Technology Driven Process PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - Technology Driven Process Powerpoint Presentation Slides. It has PPT slides covering wide range of topics showcasing all the core areas of your business needs. This complete deck focuses on Technology Driven Process Powerpoint Presentation Slides and consists of professionally designed templates with suitable graphics and appropriate content. This deck has total of thirtynine slides. Our designers have created customizable templates for your convenience. You can make the required changes in the templates like colour, text and font size. Other than this, content can be added or deleted from the slide as per the requirement. Get access to this professionally designed complete deck PPT presentation by clicking the download button below.
COVID 19 has accelerated the adoption of technology on mine sites and oil & gas operations. In turn this has led to a growing appetite for M & A deals involving this style of technology. But not all technology has value, and acquiring companies need to carefully consider many elements of a business model before proceeding with any deal. The linked paper overview a sample of considerations that should be undertaken in assessing any potential deal
Manufacturing Execution Systems (MES) are facing the fact that the concept of Smart Factory is becoming more a matter of present needs for manufacturers than a future wish. We will explore an overview of the latest technological advances and challenges in the manufacturing industry, which is trending towards the concept of Smart Factory and the advanced version of MES: an integral manufacturing operations management toolkit, capable of making and executing consistent decisions at different scales and different time horizons, ensuring compliance and continuously enhancing quality.
Meeting the challenges to adopt visual production management systems hms-whit...Ariel Lerer
This White Paper will provide an essential understanding of different initiatives towards having a Visual Production Management system, (VPMS), in a manufacturing environment. Also insights about why? and how? to implement a VPMS, highlighting the benefits of taking these actions, and further across your environment creating a learning organization.
Download from www.hmswebsite.com/vpms-white-paper/
Applying Machine Learning to Boost Digital Business PerformanceCognizant
Quality assurance (QA) for multilayered, architecturally-complex digital applications is a complex challenge best resolved by applying AI and machine learning that predicts defects.
Semiconductor manufacturing and semiconductor yield management is becoming more complex due to relentless advancements in technology. The ability to control critical dimensions is becoming increasingly important yet challenging as manufacturing processes continue to evolve. New production processes and variable machine configurations contribute to the complexity, generating high-dimensional, multi-collinear data that are difficult to analyze.
This intricate web of process data can be a hindrance in identifying the root causes of low yields or "excursions." However, data-driven methodologies present a powerful solution for these challenges. The implementation of big data analytics and machine learning techniques can help parse the overwhelming amount of data and extract insightful conclusions from it.
The article looks at how new technologies will lead to an increasingly integrated approach within the O&G sector, siting specifics such as the IoT and robotics & the radical impact they will have on optimising productions within the sector.
Why machine learning is the best way to reduce fraud GlobalTechCouncil
Machine learning is a field of science that offers machines an ability to understand data and carry out processes just as a human would do. Sometimes, even more efficiently.
The ML technology uses complex algorithms to analyze large data sets and find data patterns that help in business decisions. This is why machine learning can detect fraud in the system easily. It is, in fact, used for various other purposes such as spam detection, product recommendation, image recognition, predictive analysis, etc.
Manufacturing Execution Systems (MES) are facing the fact that the concept of Smart Factory is becoming more a matter of present needs for manufacturers than a future wish. We will explore an overview of the latest technological advances and challenges in the manufacturing industry, which is trending towards the concept of Smart Factory and the advanced version of MES: an integral manufacturing operations management toolkit, capable of making and executing consistent decisions at different scales and different time horizons, ensuring compliance and continuously enhancing quality.
Meeting the challenges to adopt visual production management systems hms-whit...Ariel Lerer
This White Paper will provide an essential understanding of different initiatives towards having a Visual Production Management system, (VPMS), in a manufacturing environment. Also insights about why? and how? to implement a VPMS, highlighting the benefits of taking these actions, and further across your environment creating a learning organization.
Download from www.hmswebsite.com/vpms-white-paper/
Applying Machine Learning to Boost Digital Business PerformanceCognizant
Quality assurance (QA) for multilayered, architecturally-complex digital applications is a complex challenge best resolved by applying AI and machine learning that predicts defects.
Semiconductor manufacturing and semiconductor yield management is becoming more complex due to relentless advancements in technology. The ability to control critical dimensions is becoming increasingly important yet challenging as manufacturing processes continue to evolve. New production processes and variable machine configurations contribute to the complexity, generating high-dimensional, multi-collinear data that are difficult to analyze.
This intricate web of process data can be a hindrance in identifying the root causes of low yields or "excursions." However, data-driven methodologies present a powerful solution for these challenges. The implementation of big data analytics and machine learning techniques can help parse the overwhelming amount of data and extract insightful conclusions from it.
The article looks at how new technologies will lead to an increasingly integrated approach within the O&G sector, siting specifics such as the IoT and robotics & the radical impact they will have on optimising productions within the sector.
Why machine learning is the best way to reduce fraud GlobalTechCouncil
Machine learning is a field of science that offers machines an ability to understand data and carry out processes just as a human would do. Sometimes, even more efficiently.
The ML technology uses complex algorithms to analyze large data sets and find data patterns that help in business decisions. This is why machine learning can detect fraud in the system easily. It is, in fact, used for various other purposes such as spam detection, product recommendation, image recognition, predictive analysis, etc.
Hierarchical Digital Twin of a Naval Power SystemKerry Sado
A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
Literature Review Basics and Understanding Reference Management.pptxDr Ramhari Poudyal
Three-day training on academic research focuses on analytical tools at United Technical College, supported by the University Grant Commission, Nepal. 24-26 May 2024
Understanding Inductive Bias in Machine LearningSUTEJAS
This presentation explores the concept of inductive bias in machine learning. It explains how algorithms come with built-in assumptions and preferences that guide the learning process. You'll learn about the different types of inductive bias and how they can impact the performance and generalizability of machine learning models.
The presentation also covers the positive and negative aspects of inductive bias, along with strategies for mitigating potential drawbacks. We'll explore examples of how bias manifests in algorithms like neural networks and decision trees.
By understanding inductive bias, you can gain valuable insights into how machine learning models work and make informed decisions when building and deploying them.
CHINA’S GEO-ECONOMIC OUTREACH IN CENTRAL ASIAN COUNTRIES AND FUTURE PROSPECTjpsjournal1
The rivalry between prominent international actors for dominance over Central Asia's hydrocarbon
reserves and the ancient silk trade route, along with China's diplomatic endeavours in the area, has been
referred to as the "New Great Game." This research centres on the power struggle, considering
geopolitical, geostrategic, and geoeconomic variables. Topics including trade, political hegemony, oil
politics, and conventional and nontraditional security are all explored and explained by the researcher.
Using Mackinder's Heartland, Spykman Rimland, and Hegemonic Stability theories, examines China's role
in Central Asia. This study adheres to the empirical epistemological method and has taken care of
objectivity. This study analyze primary and secondary research documents critically to elaborate role of
china’s geo economic outreach in central Asian countries and its future prospect. China is thriving in trade,
pipeline politics, and winning states, according to this study, thanks to important instruments like the
Shanghai Cooperation Organisation and the Belt and Road Economic Initiative. According to this study,
China is seeing significant success in commerce, pipeline politics, and gaining influence on other
governments. This success may be attributed to the effective utilisation of key tools such as the Shanghai
Cooperation Organisation and the Belt and Road Economic Initiative.
A review on techniques and modelling methodologies used for checking electrom...nooriasukmaningtyas
The proper function of the integrated circuit (IC) in an inhibiting electromagnetic environment has always been a serious concern throughout the decades of revolution in the world of electronics, from disjunct devices to today’s integrated circuit technology, where billions of transistors are combined on a single chip. The automotive industry and smart vehicles in particular, are confronting design issues such as being prone to electromagnetic interference (EMI). Electronic control devices calculate incorrect outputs because of EMI and sensors give misleading values which can prove fatal in case of automotives. In this paper, the authors have non exhaustively tried to review research work concerned with the investigation of EMI in ICs and prediction of this EMI using various modelling methodologies and measurement setups.
bank management system in java and mysql report1.pdf
Machine Learning In The Mining Services Sector
1. Mining Wear Parts, Machine
Learning & Deal Making
The future of mining services M & A / Investment strategy
May 2020
2. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
1
Background
Demands from mining houses for greater productivity is
increasing the urgency for engineering and mining services
companies to deliver technology breakthroughs & service
based efficiencies.
For Boards & Leadership Teams that are not used to dealing with rapid
technological change, a challenge exists in pinpointing investment and
acquisition opportunities that will deliver both shareholder value and client
“stickiness”. Just as has happened in other industry sectors, today’s “1.0”
METS technology solutions are already becoming redundant in a rapidly
changing landscape.
Then enters machine learning and “AI”. For CEOs and Boards considering
making investments or acquisitions in the machine learning / technology
space, the decision matrix is completely different to what would be considered
for a traditional industrial acquisition. There are many unique challenges, and
a fair deal of “smoke and mirrors” currently around what is truly “predictive”
technology.
This paper outlines several factors that need to be considered in the pursuit of
the next generation of transaction. It also provides a basic overview of the
Machine Learning Algorithm and its potential application in the Mining Services
sector in areas such as maintenance.
3. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
2
Machine Learning
& Predictive Maintenance
Strategy Of Predictive Maintenance
The concept of predictive maintenance is a simple one, and that is to avoid
unplanned breakdowns and other performance issues, which result in loss of
ore production. There is a significant difference between a priority on lowering
operational cost base vs one of optimising & maximising resource productivity.
Each of those objectives has its own “bias” which needs to be separately
considered.
The marginal cost of predictive maintenance programs versus reactive
maintenance programs is a secondary consideration for the mine owner that is
focused on maximising ore output on a 24/7/365 day basis. Each mine site is
an ecosystem, and a failure of a piece of machinery in one area can have a
domino effect of dislocating operations in other areas.
So What Is Machine Learning?
Machine Learning Algorithms are designed to produce different outputs
than simple observation-based technologies, which relay “real time” data
typically through some form of sensor tech mounted on hardware.
The Machine Learning Algorithm is trained to learn from specific data
sets in such a way that when exposed to new data the Machine Learning
Algorithm will produce more reliable and consistent outputs. It is a
dynamic approach to data interpretation and pattern recognition aimed
at producing algorithm based improving outcomes.
4. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
3
Snapshot On Supervised & Unsupervised Machine Learning
Mining services sector start-ups are designing algorithms based on both
Supervised & Unsupervised approaches to data. Supervised Machine Learning
is where large volumes of historic data are “labelled” and through a
combination of regression analysis and classification analysis the Machine
Learning Algorithm leverages these historical observations to predict future
outcomes. In essence, this is sophisticated & ever improving pattern
recognition in data. As in the field the data collection continues, the ability of
the Machine Learning Algorithm to “predict” improvements over time as the
model is refined to discard errors.
Unsupervised Machine Learning differs in that the model is not trained in the
“right outcome” but rather the Machine Learning Algorithm explores the data to
detect patterns or structures within the data that were previously hidden or not
observed. The value of Unsupervised Machine Learning could be extremely
high where new approaches to predictive maintenance are designed and
developed based on, to date unrecognised data patterns.
The process of designing and validating a Machine Learning Algorithm is
subject to its own biases and challenges. Particularly around the calculation of
optimum outcomes, which can be subject to “overfitting” of historic data which
can lead to issues of the reliability of future predictions. This is basically where
the algorithm tries to make all the historic data fit too precisely to a pattern at
the cost of the accuracy of future data (which does not fit that historic pattern
– and is therefore unreliable).
This is particularly valuable in the early detection of issues, which are
“predicted” far in advance of many current sensor-based technologies
that are presenting a picture of “today” but not really “tomorrow”.
The medical field is embracing the precision of Machine Learning
Algorithms to (for example) detect cancer cells much earlier than
traditional pathology-based methods. As an example see: pathai.com
5. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
4
Examples Of Machine Learning Application
Simple examples of where a Machine Learning Algorithm will lead to
productivity gains for mining services / mine operation include:
1. Estimating the remaining useful life (RUL) of various wear parts in the
mine ecosystem. Here one is using data to predict windows in which it
is highly probable that a specific wear part or parts will fail. Any training
data for the Machine Learning Algorithm in such instances needs to be
customised for a myriad of specific mine site conditions including ore
quality, weather, machinery operating temperature and ore productivity
targets.
One of the beauties of the Machine Learning Algorithm is that once
trained the algorithm will be able to adapt to changes in variables in
order to produce a new set of “optimal” operating conditions.
Therefore operations are automatically adapted to new conditions.
2. Identifying “events”. Conveyor belt damage, damaged conveyor rollers
(and bearings), loosening / detaching wear plate and poorly performing
transfer chutes are some of the unforeseen events that cause
significant & unplanned loss of productivity. By applying a Machine
Learning Algorithm, normal operating patterns of both individual pieces
of equipment and equipment circuits can be modelled so that
“abnormalities” from normal operating conditions are immediately
identified.
What is important to understand is that the Machine Learning Algorithm is
designed to train to a level where it will proactively “predict” or “identify”
potential events in a superior fashion to traditional methods such as hardware
mounted camera systems designed to “observe” things in real time (that is if
the camera is working).
The entire purpose is to move from “real time” to “crystal ball gazing”, and with
that a more flexible approach to maintenance planning, which includes the
potential for smaller adjustments / repairs to be done ahead of damage.
6. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
5
The Challenges
It is not all good news. The Machine Learning Algorithm is
heavily dependent on dynamic data which can bring new
challenges to mine sites – many of which operate in both
extreme conditions and remote areas.
Data Is King
Deal teams should not be distracted by claims of “big data” but rather seek to
understand the deep data that allows the Machine Learning Algorithm to be
trained for the specific purpose. With predictive maintenance, ML this is not
straightforward as one is looking for failure “events” that only take place rarely.
As such it is important to understand how deep the data is upon which the
computations are being made – including the frequency and range of potential
events that are being modelled for.
As such, in order to build a prediction technology, large quantities of data are
required both to train the Machine Learning Algorithm and also to test the
model for accuracy & observation. As a part of the algorithm’s development it is
important that best practice is maintained and both sets of data are kept
separate so as not to apply both to the model training process. In any
transaction diligence exercise, therefore, one should be seeking to understand
the process by which the data has been developed and then the approach
taken to construct, train and validate the Machine Learning Algorithm.
Any machine learning application is meant to improve this predictive efficiency
as increasing levels of data are processed over time. From a practical
perspective, however, this means long periods of data collection which need to
be undertaken with rigour in order to have statistically relevant samples
available. It also raises practical questions on in the field data collection.
7. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
6
The Importance of Digital Twins
We also look for the use of technologies such as Digital Twin approaches to
model predictive maintenance for specific operational aspects.
Digital Twin technology creates a digital twin of an operating asset or a
component in order to observe the performance of that asset under various
scenarios. In order to be successful the virtual operating environment needs to
be able to share data seamlessly and continuously with the physical operating
asset (and this can be difficult to accomplish as discussed below).
Understanding from a diligence perspective the approach that has been taken
to the development of the Machine Learning Algorithm is separate to the purity
of the IP itself. It goes to the robustness of the technology and its ability to
integrate with the physical assets in the real world environment.
Early technology companies often fall short on the ML model’s in field
experience – often a result of the lack of “events” across the data collection
period creating a sufficient sample size.
Storage, Sensors, Networks & Security
Not only does the volume of data required to commence analysis need to be
significant, it raises additional practical day-to-day issues which any diligence
activity should be careful in analysing. These include:
On Site Networks. Not all networks are efficient and capable of conveying
vast amounts of data in real time. Machine learning requires data to be
pushed to the cloud continually – placing uptime requirements on network
efficiency (one does not want to lose data at an important “event” point).
Networks also need to support connectivity (including for autonomous
functions), real time data transfers for other day to day functions, machine
to machine communications as well as basic communication functions. As
more technology is loaded onto a network the congestion / potential for
failure increases. Investing and upgrading networks in advance of
technology advances, is a fundamental requirement even within a CAPEX
constrained environment.
Data ownership. There can be questions on both data ownership and cost
of leveraging an on-site network for a third-party application. Consuming
bandwidth comes at a price – and the more remote the location the higher
the cost associated with that bandwidth.
8. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
7
Sensors. The physical placement of a sensor on a piece of infrastructure
may require the consent of multiple parties including OEMs, engineering
companies holding O & M contracts and the mine operator itself. Issues of
insurance need to be considered where sensors fail and thanks to
Murphy’s law, end up in the wrong part of the mine circuit/processing
plant.
Data Storage. The ability for complex algorithms to perform requires
continual 2-way access to vast amounts of data storage. Whilst storage
costs have declined with time it is the efficiency of accessing the storage
that becomes critical – hence the critical importance in networks.
Digital Security. As ML solutions extend across the mine site the
requirement the importance of digital security only increases. Hackers
target the “weakest link” in networks, including any customised router or
industrial sensor that is deployed in field.
These practical matters will present challenges on a case-by-case basis
depending on the communication infrastructure associated with the specific
mine.
9. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
8
Tying Mining Technology
To Valuation
The valuation approach to technology-based companies has always been
based on different metrics and principals to those applied to industrial
companies. This in turn feeds into diligence approaches required to verify the
robustness of the technology model.
Additionally, the failure rates of technology companies are high – often due to
either a competitor overtaking them on the road to commercialisation, or
alternatively the technology underlying the company failing to transition from
concept to hardened in the field operational tool.
Finally, with the abundance of Venture Capital available today, the timetable for
successful startups to move from concept to commercial product can be very
short. This also means that technology can have a limited lifespan of potency
– as new startups pickup the baton and run. These short life companies are
often referred to as “shooting stars” for a reason. They burn bright and fast.
All this makes the task of developing a valuation range and deal structure all
the more challenging with mining technology companies – and that complexity
will only increase where Machine Learning Algorithms are involved.
10. LCC Asia Pacific
Mining Wear Parts, Machine Learning & Deal Making
DealCraft®
9
LCC Asia Pacific Provides
Clients With Specialist
Counsel To Identify & Pursue
Strategic Priorities
The introduction of machine learning and artificial intelligence driven
technology into the mining services sector promises to bring greatly improved
productivity, enhanced safety and boosted profits (for mine owners).
In the chase for the technology high ground, however, mistakes will be costly
given that setbacks / poor decisions on transactions will take time to be
understood – during which period other more attractive opportunities will be
missed and competitors will continue to move forward.
LCC brings significant experience in both the mining services and
communications sectors to client engagements that allows objective analysis
of the opportunity to be conducted. In addition to our M & A capabilities LCC
works closely with CEOs and Boards of Directors to provide independent advice
on the robustness of the technology that underpins METS companies.