IDC FutureScape: Worldwide Mining 2022 Predictions

IDC FutureScape Figure

• Figure: IDC FutureScape: Worldwide Mining 2022 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

• Summary of External Drivers

• Predictions: Impact on Technology Buyers

• Prediction 1: Accelerated as a Result of the Pandemic, by 2022, 75% of the Top 100 Miners Will Operate Remote and Autonomous Drill Rigs Throughout Their Operations, Improving Equipment Efficiencies

• Associated Drivers

• IT Impact

• Guidance

• Prediction 2: By 2022, 5% of global Mining Operations Will Be Early Adopters of 5G to Utilise Reliable, Low-Latent Connectivity-Reliant Technologies, Improving Safety, Sustainability, and Operational Performances

• Associated Drivers

• IT Impact

• Guidance

• Prediction 3: By 2023, 80% of Mining Organisations Will Use Sustainability KPIs as Part of Their Primary Operational Control Parameters to Help Achieve Their Organisational Environment, Social, and Governance Targets

• Associated Drivers

• IT Impact

• Guidance

• Prediction 4: By 2023, 25% of the Top 100 Mining Organisations Will Utilise Augmented Reality to Perform Operational Maintenance, Reducing On-Site Labour Requirements by 20%

• Associated Drivers

• IT Impact

• Guidance

• Prediction 5: OT-Specific Security Departments Will Be Created by 4 of the Top 5 Mining Organisations by 2023 as Organisations Struggle with Secure IoT Implementations

• Associated Drivers

• IT Impact

• Guidance

• Prediction 6: Enabling Improved Sustainability and Operational Tracking, by 2024, 10% of Metals Produced Will Use Blockchain to Track and Monitor the Commodities' Value Chain from Origin to Final Product

• Associated Drivers

• IT Impact

• Guidance

• Prediction 7: By 2024, 50% of the Top Mining Organisations Will Utilise Cloud-Based Operational Planning and Simulation Tools, Providing Decision Support, Greater Analytics, and Improved Optimisation Capabilities

• Associated Drivers

• IT Impact

• Guidance

• Prediction 8: By 2025, 80% of Organisations Will Utilise an Equipment-As-A-Service Model in Partnership with Major Vendors to Provide Support for Critical Operational Equipment and Systems

• Associated Drivers

• IT Impact

• Guidance

• Prediction 9: By 2025, the Top 5 mining Organisations Will Deploy Cloud-Based Platforms to Deliver Insights Across Their Value Chain, Supporting Self-Service For Workers and a Single Source Of Truth

• Associated Drivers

• IT Impact

• Guidance

• Prediction 10: By 2026, as the Cost of Deploying Satellites Drops Rapidly, One Mining Organisation Will Have Its Own Satellites in Orbit to Support Its Digital Mining Transformation

• Associated Drivers

• IT Impact

• Guidance

Advice for Technology Buyers

External Drivers: Detail

• Cybersecurity and Risk — The Threat Environment Just Keeps Scaling

• Embracing Digital First — New Strategies for Complexity and Ubiquity

• The Velocity of Connectedness — The Future Is Data in Motion

• Intelligence on Demand — Navigating the Torrent of Data

• Digital Ecosystem — Thriving in a Multiplatform World

• Globalization 2.0 — Shifting Strategies for Materials, Machines, and Workers

• Environmental and Social Responsibility — A New Stakeholder-Driven Imperative

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• Related Research