
SAN JOSE, Calif and Queensland, Australia. - 20 Feb 2014: IBM (NYSE: IBM) today announced a new collaboration with Thiess, one of the world's largest contract miners, to use Big Data to improve machine availability and operational productivity utilizing predictive analytics and modeling technologies. This initial collaboration focuses on Thiess' Mining haul trucks and excavators, and will help unify asset management and business operations.
Unlike traditionally data-intensive industries such as banking or telecommunications, which rely on advanced information technology (IT) to drive operational performance, asset-intensive industries such as mining, have typically not invested as much operationally in IT systems.
Today, many organizations in natural resource industries rely heavily on either a fix-it-when it-breaks' approach or time-based scheduled maintenance techniques. These methods often result in unnecessary downtime, premature component replacements, extra expense and lost production. They also do not explicitly factor in an individual piece of equipment's actual condition and performance capability.
However, this trend is changing, as companies realize how IT can help them extract liquid, rocks and insights out of the ground. The increased deployment of machine and environmental sensors combined with new data collection methods is enabling the development of predictive machine maintenance analytics which can help increase equipment availability, lower production costs and provide greater operational flexibility.
The IBM Research and Thiess collaboration has been integrating current and historical machine sensor data, along with maintenance and repair, operational, and environmental data to use as a basis for data-driven operational optimization. Factors such as repair and inspection history, payload size, sensor-based component alerts, operator variability, weather, and ground conditions are being used to construct models which assess and predict the life of discrete components and the overall health of a piece of equipment. This information will enable decision makers to co-optimize maintenance and production decisions, resulting in better operational performance.
Analytics and modeling can offer great opportunities to improve our business, but we need to integrate them with our current processes in order to have a real bottom-line impact. Working with IBM to build a platform that feeds the models with the data we collect and then presents decision support information to our team in the field will allow us increase machine reliability, lower energy costs and emissions, and improve the overall efficiency and effectiveness of our business, said Michael Wright, Executive General Manager Australian Mining, Thiess.
Early detection of even minor anomaly and malfunction patterns can be used to predict the likelihood of component failures and other areas of risk. This will dramatically increase the uptime of the equipment and improve Thiess' ability to manage the full life of discrete components, overall machine health and the deployment of limited maintenance resources.
Natural resource industries are facing a perfect storm of demand growth, scarcity and rising costs that threaten their ability to deliver materials, fuel, and food to the world, said Matthew Denesuk, Manager of Smarter Planet Modeling and Analytics, IBM Research. By combining knowledge of the physical health of the equipment with information about how it needs to be used, we are able to know when something is going to go wrong and what can be done to fix the root problem before that occurs.
Developing a unified predictive equipment and operational management system requires finding common connection between physical and computer scientists, who often operate with different skill sets and goals. The models used in this project bring together the physical and digital worlds by supplementing data-driven modeling that computer scientists tend to employ with information from engineers who have first-hand expertise about the mechanics of the equipment.
Predictive machine management differs from traditional machine management in several ways. First, it bases decisions about a machine's maintenance and operation on the actual condition or health at that given time. Second, it has the ability to predict the health of a given machine far enough in the future to enable decision makers to execute correct actions such as adjusting production plans or ordering spare parts.
For example, in one mining scenario, several haul trucks that move coal may be reported to need maintenance, while at the same time a substantial order of product is due for delivery in 11 days. The predictive machine management system will be able to look at a variety of options for addressing this problem, and provide a decision maker with a model-based prediction that if the trucks are loaded no more than 85% of normal capacity and driven at no more than 80% of normal speed, the failure probability over the next 11 days would be minimal. This allows companies to avoid badly-timed and costly downtime at the sacrifice of only a minor, temporary decrease in throughput.
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
02/05/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
01/05/2026
January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...
01/04/2026
January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION
Douyin Users Can Now Create And Share Videos With Stun...
21/02/2026
With Software Defined Broadcasting more established in Milan Cortina look for Los Angeles 2028 to have less hardware and more cloud-based software systems...
21/02/2026
The SVP of Olympic Operations on turning CAD drawings into reality, building tru...
21/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/02/2026
Back to All News
Netflix Unveils the Trailer of Accused', A Psychological ...
20/02/2026
Gravity Media and Los Angeles-based Green Couch Entertainment announce a strateg...
20/02/2026
IMAX announces it is working with Apple TV to bring the 2026 FIA Formula One Wor...
20/02/2026
Daktronics has partnered with the Philadelphia Phillies to design, manufacture, ...
20/02/2026
ESPN announces the upcoming launch of Women's Sports Sundays - a first-of-it...
20/02/2026
As the Seattle Seahawks and New England Patriots faced off in the NFL's biggest sporting event of the season on Sun., Feb. 8, Sennheiser wireless solutions ...
20/02/2026
ESPN announces its 2026 Major League Baseball spring training schedule, which includes four national games on ESPN, six games on ESPN Unlimited, and more than 2...
20/02/2026
Open Broadcast Systems, which specializes in software-based professional video transport, has added support for 200 Gigabit Ethernet to its range of encoders an...
20/02/2026
Chyron announces the release of PAINT 10.3, which is designed to help analysts and operators turn live action into clearer, faster on-air storytelling.
PAINT 1...
20/02/2026
With full squad workouts underway, MLB Network's live Spring Training game s...
20/02/2026
Tech enhancements, marquee productions are expected to take advantage of a summe...
20/02/2026
In-venue and creative video staffers at the professional and collegiate level ha...
20/02/2026
Ratings Roundup is a rundown of recent rating news and is derived from press rel...
20/02/2026
Speaking with SVG Europe after one of Team GB's greatest days at a Winter Olympics, BBC Sport's head of major events, Ron Chakraborty, explains the broa...
20/02/2026
Making Winter Games Olympic magic is the goal for every broadcaster in Italy cov...
20/02/2026
Curling, one of the least-dangerous Winter Olympic sports, is dominating the Mil...
20/02/2026
BBC Sport's presence at the 2026 Winter Games is centred around a significan...
20/02/2026
BBC Sport is bringing together its linear TV and streaming digital arms in a str...
20/02/2026
To broaden the appeal of winter sports at Milano Cortina, the BBC has integrated...
20/02/2026
Just in time for the start of Apple TV's inaugural season as the exclusive U...
20/02/2026
One big challenge was to depict the character of each of very different and wide...
20/02/2026
(L-R) Writer-director Amanda Kramer photographs the photographers at the premiere of her film By Design at the Library Center Theatre in Park City. (Photo by ...
20/02/2026
In our latest blog, Tim Pearson explores the impact that increased memory prices are having on the consumer electronics market, and particularly the set-top box...
20/02/2026
Calrec Type R: Shaping the Future of Radio from the Heart of Flirt FM
Love may have filled the airwaves last week for Valentine's Day, and we've just c...
20/02/2026
NEW YORK - February 10, 2026 - An estimated 125.6* million viewers watched Super Bowl LX on Sunday, February 8, according to Nielsen's Big Data Panel meas...
20/02/2026
NEW YORK - February 19, 2026 - Nielsen today shared updated and final Super Bowl...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/02/2026
A leading global investment bank, with offices at Two International Finance Centre in Hong Kong, partnered with systems integrators Global Vision Engineering (G...
20/02/2026
Rise AV and Rise Broadcast, the global not-for-profit organisations dedicated to improving gender diversity across technical industries, have today announced a ...
20/02/2026
Open Broadcast Systems, the leader in software-based professional video transport, has added support for 200 Gigabit Ethernet to its range of encoders and decod...
20/02/2026
Signiant today announced the formation of its Customer Advisory Board (CAB), bringing together a select group of customers to collaborate on product strategy, r...
20/02/2026
PTZOptics today announced the launch of its Visual Reasoning initiative that makes video more actionable by combining robotic PTZ camera systems, AI, and open i...
20/02/2026
Amino, a global media technology provider delivering devices, software and cloud services that simplify and elevate video delivery, today announced the successf...
20/02/2026
SMPTE , the home of media professionals, technologists, and engineers, today announced its call for technical papers for the SMPTE 2026 Media Technology Summit....
20/02/2026
Wowza Media Systems today announced that Granicus, a leading provider of digital engagement solutions for governments, continues to rely on Wowza to power its h...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...