Shell and IBM Team up to Accelerate Digitalization in the Mining Industry
Shell and IBM launched Oren, a global B2B Digital mining services marketplace platform. It was co-developed by the two companies aimed at helping mining companies find solutions related to safety, sustainability, mine planning and operational efficiency.
By hosting new technology and digital solutions in one place, Oren aims to accelerate the digitization of the mining industry, speed up the transformation of mining workflows and build in more operational resiliency in a rapidly changing world. Shell, a major supplier of lubricants to the mining industry, engaged with more than 350 mining businesses and identified that 80 percent of those surveyed are wrestling with similar challenges in their operations. These include: difficulty aggregating data to make actionable insights; lack of intelligent workflows due to siloed organizational working; improving sustainability; along with keeping employees safe while deploying autonomous technology.
"Mining customers can benefit from many of the digital solutions used in the energy industry, for example, those that help manage operations safely and efficiently in remote locations. We envision Oren being the one-stop digital destination for the mining sector to access the best digital solutions and technologies, not just from Shell and IBM, but also from leading and emerging companies. Being able to find and access a wide range of solutions digitally is even more important given the movement constraints faced as countries respond to Covid-19," said Carol Chen VP, Global Marketing Lubricants Shell.
"The next push in mining requires a new approach towards industry-wide technology platforms which requires new levels of openness, innovation and collaboration. Oren accelerates the adoption of digital services in the mining industry by facilitating technology transfer, innovation and integration from solution providers across the ecosystem. For miners, this experience can help efficiently locate solutions at all levels of the organization. This can make their existing workflows more intelligent to enable their digital journeys and help them reach their long terms goals," said Matt Candy, Global Managing Partner IBM iX.
The Oren marketplace platform allows solution developers to get their market innovations to mining clients quickly. Oren also aims to enable mining operations to develop a roadmap designed to deliver the interconnected mine of the future by creating connected solutions that integrate and leverage data, AI, IoT, automation and analytics. This can give miners not only access to digital mining services but also bring solutions and services that can enable miners to imagine and build up intelligent workflows that integrate all services across the mining ecosystem. The Oren team will bring expert support to mining companies to help build their specific digital journey roadmap.