Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Mining 2020 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2022, 20% of Mining Companies Will Have Started to Treat Their Assets as a Customer.

Associated Drivers

IT Impact

Guidance

Prediction 2: Mining Companies That Transform Digital Project Collaboration, Governance, and Delivery Across IT and Operations Will Take 50% More Projects to Scale by 2021 and Better Deliver Value to the Business.

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2023, Those Mining Companies That Create Cross-Silo Operational Data and Analytics Excellence Will Realize a 20% Improvement in Efficiency and a 10% Improvement in Metal Yield.

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2020, Mining Companies Will Shorten Time to ROI by 20%, Using Ecosystem-Based Collaboration Between OEMs, Engineering Services, and IT Partners for Web Services and API-Enabled IoT Solutions.

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2022, Driven by the Preferences of Capital Investors and License-to-Operate Considerations, the Top 5 Mining Companies Globally Will Utilize IoT to Reduce Water Use Across Their Operations by 30%.

Associated Drivers

IT Impact

Guidance

Prediction 6. By 2022, 70% of Mining Organizations Will Have Invested in Digital Twins with Their OEMs, But Only 20% Will Have Realized Their Expected ROI.

Associated Drivers

IT Impact

Guidance

Prediction 7. By 2022, 60% of Large Mining Companies Will Have Digital Innovation Centers Focused on Enabling Their Supplier Ecosystem to Facilitate Innovation.

Associated Drivers

IT Impact

Guidance

Prediction 8. By 2022, to Access Promised Digital Value, 30% of Mining Operations Will Design and Invest in Coordinated Connectivity Strategies Across 5G, LTE, Satellite, and Fixed Networking and Services

Associated Drivers

IT Impact

Guidance

Prediction 9. By 2023, 50% of Midtier to Large Miners Will Operate Control Centers That Deliver a 10% Increase in Asset Availability and a 5% Increase in Revenue Through Visibility and Connecting Siloed Processes

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2024, 40% of Mining Companies Globally Will Invest in Electrification Pilots of Their Underground Mining Equipment

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

The Age of Innovation: Driving the Future Enterprise

Accelerated Disruption: Navigating Business Challenges as Volatility Intensifies

The Platform Economy: Computing at Hyperscale

Sense, Compute, Act: Maximizing Data Value

Intelligence Everywhere: AI's Opportunity and Implications

The Future of Work: Agile, Augmented, Borderless, and Reconfigurable

Learn More

Content


Related Links