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PUBLISHER: IDC | PRODUCT CODE: 1145206

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PUBLISHER: IDC | PRODUCT CODE: 1145206

IDC FutureScape: Worldwide Mining 2023 Predictions

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PAGES: 17 Pages
DELIVERY TIME: 1-2 business days
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This IDC study contains the outlook of IDC Energy Insights' analyst team for the worldwide mining industry for 2023-2028. The outlook is presented through the lens of the 10 predictions that make up, in IDC Energy Insights' view, the framework for technology-related initiatives in the year ahead for IT and line-of-business (LOB) decision makers and influencers."Next year, 2023 will continue the adaptation to the new normal. Organizations will utilize their newly upgraded communications networks and roll out technologically advanced operational tools. They will remain resilient in an ever-changing world and implement new tactics around talent management, ensuring the greatest value can be generated from their DX activities," says Dr. Christopher Holmes, managing director, IDC Insights Worldwide Mining.

Product Code: US48632722

IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

  • Summary of External Drivers
  • Predictions: Impact on Technology Buyers
    • Prediction 1: By 2024, 40% of Mining Organizations Will Utilize Geological Mapping Satellite Data in a Bid to Identify More Ore Bodies
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 2: By 2024, 50% of Mining Organizations Will Deploy Next-Generation Cybersecurity for Early Intervention of Targeted Attacks and Improvement of the Cyber-Resilience of Mine Sites
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 3: By 2025 One in Four Underground Operations Will Monitor the Precise Location of Personnel, Improving the Safety of the Operational Environment and Providing Guidance Assistance to Rescue Teams
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 4: By 2025, the Decreasing Cost and Increasing Reliability of Data Transfer Will See 50% of Mine Sites Migrate Critical Operational Activities to the Cloud for Improved Management and Insight Generation
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 5: By 2025, 50% of Miners Will Have Implemented Digital Talent Strategies, Either Developing or Acquiring In-House Capabilities or Purchasing Services from SIs
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 6: By 2026, Sustainable Investment Will Transition Total Operational Cost to the Total Cost of Stewardship, Increasing Technology Investment by 25% to Support Optimization, Automation, and Transparency
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 7: By 2026, 70% of Miners Will Utilize Analytics Platforms to Identify and Address Supply Chain Constraints, Improving Supply Chain Management and Optimisation Practices
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 8: By 2027, 30% of All Mining Operations Will Operate Digital Twins in Their Concentrators to Improve Predictability and Optimize the Process, Leading to a 2% Production Improvement
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 9: By 2027, 75% of Organizations Will Have Retrofitted Critical Major Equipment with Smart Sensors to Improve the Capture and Analysis of Asset Performance, Increasing Asset Availability
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 10: By 2028, 70% of Mining Organizations Will Operate Battery Electric Mobile Equipment, Greatly Reducing Operational Scope 1 Emissions and Improving Their Sustainability Credentials
      • Associated Drivers
      • IT Impact
      • Guidance

Advice for Technology Buyers

External Drivers: Detail

  • Geopolitical Reality - Sovereignty in the Digital World
    • Description
  • Cybersecurity and Risk - Scaling and Evolving Threat Environment
    • Description
    • Context
  • Meaningful Intelligence - Differentiated Decision Power
    • Description
    • Context
  • Ecosystem-Based Innovation - Driving Enterprise Value
    • Description
    • Context
  • Mainstream ESG - Sustainability Is Measured and Mandatory
    • Description
    • Context
  • Everything as a Service - Thriving Through the Change
    • Description
    • Context
  • Digital Business - Stepping Stone to the Future Enterprise
    • Description
    • Context

Learn More

  • Related Research
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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