Monday 23rd April 2018

    Technology is both disrupting and saving the natural resources industry!

    While portions of the 'natural resources' industry are getting disrupted by technology (aka the clean energy revolution), technology is also helping it survive! Automated haul trucks and drilling machines are being tested in mines across the world. Sensors at the tip of drill bits are measuring ore grade in real time, and data analytics is being used to discover new deposits of precious metals. In oil and gas, underwater robots fix gas pipelines off the coast and drones inspect offshore oil rigs. Crawling well-drilling machines drill multiple wells quickly and accurately one after another, thus increasing efficiency and lowering costs. These are just some of the many ways technology is transforming the demand and supply of resources. More here