Advanced Analytics in Mining Engineering - Leverage Advanced Analytics in Mining Industry to Make Better Business Decisions (Hardcover, 1st ed. 2022)

In this book, Dr. Soofastaei and his colleagues reveal how all mining managers can effectively deploy advanced analytics in their day-to-day operations- one business decision at a time. Most mining companies have a massive amount of data at their disposal. However, they cannot use the stored data in any meaningful way. The powerful new business tool-advanced analytics enables many mining companies to aggressively leverage their data in key business decisions and processes with impressive results. From statistical analysis to machine learning and artificial intelligence, the authors show how many analytical tools can improve decisions about everything in the mine value chain, from exploration to marketing. Combining the science of advanced analytics with the mining industrial business solutions, introduce the "Advanced Analytics in Mining Engineering Book" as a practical road map and tools for unleashing the potential buried in your company's data. The book is aimed at providing mining executives, managers, and research and development teams with an understanding of the business value and applicability of different analytic approaches and helping data analytics leads by giving them a business framework in which to assess the value, cost, and risk of potential analytical solutions. In addition, the book will provide the next generation of miners - undergraduate and graduate IT and mining engineering students - with an understanding of data analytics applied to the mining industry. By providing a book with chapters structured in line with the mining value chain, we will provide a clear, enterprise-level view of where and how advanced data analytics can best be applied. This book highlights the potential to interconnect activities in the mining enterprise better. Furthermore, the book explores the opportunities for optimization and increased productivity offered by better interoperability along the mining value chain - in line with the emerging vision of creating a digital mine with much-enhanced capabilities for modeling, simulation, and the use of digital twins - in line with leading "digital" industries.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Release date:	February 2022
First published:	2022
Editors:	Ali Soofastaei
Dimensions:	235 x 155mm (L x W)
Format:	Hardcover
Pages:	747
Edition:	1st ed. 2022
ISBN-13:	978-3-03-091588-9
Categories:	Books > Professional & Technical > Other technologies > Mining technology & engineering Books > Computing & IT > Applications of computing > Computer modelling & simulation Books > Business & Economics > Business & management > Management & management techniques > Operational research Books > Science & Mathematics > Mathematics > Applied mathematics > Mathematical modelling Books > Professional & Technical > Mechanical engineering & materials > Production engineering > General Books > Computing & IT > Applications of computing > Databases > Data mining
LSN:	3-03-091588-3
Barcode:	9783030915889

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