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Artificial Intelligence in Mining
Trend Overview In 2022, one of our mining customers announced they had recently leveraged technology initiatives to realize over $1B in annual benefit. More than 75% of the benefits were related to data, machine learning, and automation. Although machine learning is only one part of artificial intelligence, it is a critical one in mining operations. McKinsey, in their 2021 state of AI report, identifies the most dramatic benefits from AI are in service operations. Roughly…
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