Orica seeking to redefine resource optimization
Digital Solutions business reinforces company’s commitment to innovation and value delivery
ORICA have announced that they are continuing to reinforce their commitment to innovation and value delivery with their growing Digital Solutions business.
Established in 2019 to seamlessly connect customers’ physical and digital worlds for improved decision-making and enhanced predictability of outcomes, Orica Digital Solutions includes solutions categories spanning the resource value chain.
This includes:
Blast design and execution – providing intelligence at the right time to optimize blast outcomes and improve productivity, safety and environmental performance
Measure and monitor – delivering precise and reliable information so operators can better manage risk, optimize production, and keep people, communities and cultural heritage safe
Simulation and optimization – providing powerful simulation technology to optimize the entire value chain.
Drawing on Orica’s deep domain expertise in blasting in mining and infrastructure, spanning nearly 150 years across more than 100 countries, Orica Digital Solutions aims to bring further focus to developing digital capabilities across the mining and infrastructure sectors, as well as other extractive industries.
Moving beyond physical solutions, for more than five years now Orica say they have been accelerating their development of powerful digital solutions from exploration to processing, to meet customers’ most critical and emerging challenges.
Angus Melbourne, Orica’s chief technology officer, explained: ‘Orica foster innovation and collaboration by working closely with customers, technology partners, and leading research organizations. While most of our innovations have been developed for and with the mining and infrastructure sectors, we are now expanding our technologies to other sectors that need to mobilize the earth’s resources more efficiently and responsibly.
‘As customers pursue digitization, automation, and ESG gains across their value chain, the ability to seamlessly connect the digital and physical worlds becomes increasingly critical and urgent.’
Further emphasizing how Orica Digital Solutions is accelerating this journey for the benefit of its customers, Rajkumar Mathiravedu, vice-president of Digital Solutions, said: ‘Our end-to-end ecosystem connects the digital world to real-world actions within the operation, giving customers timely insights across their operations. This allows us to translate those insights into critical intelligence for better decisions and more predictable outcomes in near real time.
‘We can support our customers in their journey by moving them from the traditional disconnected silos to connected workflows to reduce risk, create efficiencies and improve outcomes in a sustainable manner.’
The new Digital Solutions business offers a flexible suite of digital solutions that can be deployed separately or across the value chain, depending on customers’ needs and the existing digital ecosystem. While these digital solutions are said to harness their full potential when integrated from exploration to processing, they are also designed to operate independently and seamlessly integrate with existing independent systems, allowing customers to effortlessly exchange and utilize data across their entire operations.
Mr Mathiravedu continued: ‘Driven by a customer-led innovation mindset, we have nurtured an agile and entrepreneurial culture that enables us to swiftly adapt to and meet the demands of our customers.
‘In addition to driving digitalization across the value chain, Orica Digital Solutions actively addresses environmental, social and governance concerns associated with operations. By improving operational efficiency, reducing waste, and providing real-time data, customers can make better decisions and achieve more predictable outcomes as we sustainably mobilize the Earth’s resources essential to progress and a lower-carbon future.’
