The concept and the challenge
How informed decision making is saving millions of dollars
Fortescue Metals Group, the world’s fourth largest iron ore producer, had a problem – a lack of real-time data and insights for the supervisors in the field. In a mining production environment, an efficiency gain of 1% can mean millions of dollars for the bottom line. As a company committed to driving productivity improvements, Fortescue asked Insight to pursue a ambitious goal of providing the most up-to-date data for the company, and getting the data out of the control room and into the field. So we rose to the challenge, by creating reporting tools to on-site field operators via mobile devices at the iron ore mines, giving the team a near real-time view of how operations are tracking against production plans and allowing supervisors to be in and around the mining pits.
Today, thanks to our software, Fortescue is generating an estimated $30 million in annual cost savings. In 2014, the team was presented the Gartner Business Process Management Excellence Award for the Short Interval Control (SIC) project.
A real-time, mobile solution
Insight partnered with Fortescue to deliver the SIC decision support system, which provides real-time reporting tools to on-site mining supervisors that show how operations are tracking against production plans, via a series of sophisticated business intelligence dashboards. And it’s all delivered to Windows-based tablet devices.