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Mining and Metals
Article

Mining and Metals

Digital Transformation and the Industry’s ‘New Normal’


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Editorial Rating

7

Qualities

  • Analytical
  • Overview
  • For Experts

Recommendation

The mining and metals sector is experiencing macroeconomic and digital upheavals, explains this World Economic Forum article, and firms must be quick to understand and adapt to the changes. The report gives an overview of a shifting industry landscape – as well as a blueprint for evolving from a “digital laggard” into a “digital first mover.” 

Take-Aways

  • Macroeconomic forces have defined a new reality for the mining and metals industry that includes fresh pressures and challenges.
  • At the same time, digitalization is rapidly transforming the industry.
  • In the coming decade, digitalization will automate many human tasks, usher in the “connected worker,” catalyze the integration of operational systems and IT, and empower firms with “advanced analytics.”

About the Author

The World Economic Forum is an international nonprofit working to address global and regional issues.