Sandvik sets technology partnership with IBM

Sandvik has announced a landmark technology partnership with IBM. The agreement between Sandvik Mining and Rock Technology and IBM will see the two firms jointly develop technology to deliver Data Driven Productivity and Predictive Maintenance services for rock excavation. The terms of the deal will see Sandvik and IBM working together on advanced analytics solutions to improve safety, maintenance, productivity and operational services of rock excavation equipment. Sandvik points out that the growth in o
March 3, 2017 Read time: 2 mins
Using technology to analyse recovered data will allow increased efficiency in extraction operations
325 Sandvik has announced a landmark technology partnership with IBM. The agreement between Sandvik Mining and Rock Technology and IBM will see the two firms jointly develop technology to deliver Data Driven Productivity and Predictive Maintenance services for rock excavation. The terms of the deal will see Sandvik and IBM working together on advanced analytics solutions to improve safety, maintenance, productivity and operational services of rock excavation equipment.

Sandvik points out that the growth in onboard instrumentation and data gathering capabilities in heavy equipment are presenting opportunities to employ advanced analytics and models. These can be used to identify and resolve productivity issues and improve process optimisation and performance.

A Memorandum of Understanding has been signed by both firms with the intent to create market leading offerings in data driven productivity and predictive maintenance solutions. The two companies are already working jointly with selected customers to pilot the concept and commercialise specific solutions.

The IBM-Sandvik collaboration will involve the use of advanced analytics, remote monitoring and cognitive technologies. This will allow customers to combine equipment and application data from disparate resources and automatically analyse patterns in the data to improve performance and productivity.

This combination of information services, remote data collection and data analysis will enable increased effectiveness by increasing productivity, saving cost and reducing time wastage. It will assist in rock excavation by allowing well-informed decisions regarding production plans and maintenance schedules. It will also provide the opportunity to monitor and improve upon equipment utilisation.
Connected Construction Earthmoving & soil compaction

For more information on companies in this article

Related Content

  • GOMACO and Leica Geosystems agree joint partnership
    March 5, 2012
    Leica Geosystems and GOMACO Corporation are forming a new business partnership. The deal will cover stringless control technology for the concrete paving market. Leica Geosystems is a leading manufacturer of stringless paving technology and has entered into a definitive OEM value added reseller agreement with GOMACO Corporation, a leader in concrete paving equipment. The deal follows 12 years in which the two firms have worked together closely.
    Read More
  • Caterpillar: this is what the future looks like
    April 14, 2016
    Fuel efficiency and powertrain alternatives are crucial for the future of construction, while the issue of emissions will remain a priority for some time to come – that was the message from Caterpillar’s roundtable event at bauma 2016. Senior executives from the company spoke with journalists, discussing key future technology developments and trends for the firm. Paolo Fellin is VP Global Construction & Infrastructure, while Ken Hoefling is VP for Building Construction Products. Karl Weiss is VP Earthmovin
    Read More
  • Aggregates production innovations delivering efficiency
    August 1, 2017
    EvoQuip, the newest division of Terex Corporation, is launching a Cobra 230 impact crusher later this year, to sit alongside the Cobra 260. The 24tonne machine will offer a production capacity of 140-150tonnes/hour in asphalt and construction recycling. The Cobra 230 is 11.3m long and 2.46m wide, or 5.15m wide with a side conveyor. It features a quick set-up time and the machine can be moved onsite without having to stop the crusher. Keestrack says that its novel H4 tracked cone crusher is light and compact
    Read More
  • Case CE unveils new fleet management system
    January 6, 2017
    Case Construction Equipment has launched SiteWatch, its new fleet management tool, at bauma 2013. Through its ability to accurately measure operating performance customers can, according to Case, use SiteWatch to increase productivity, boost utilisation and keep on top of fleet maintenance issues. With programmed maintenance plans, the operator has the option of leaving the service and maintenance requirement to their Case dealer.
    Read More

Highlighted Content