Going the distance
- Picture this: a company operates 25 mining sites spread across the country, some in far flung locations. These sites operate around the clock, obtaining essential ores for metal and alloy production.
- Progress is typically measured on a quarterly basis, and it takes days to gather the required data, which often comes in a complicated format, decipherable only by specialists, and lack the insights required.
- For an industry that is so important to economic growth, efficiency is crucial, and traditional methods are far from efficient. 500-backed company Aereo is changing this with drones that create 3D replicas of the site by capturing nearly 3 million data points.
- The result? Co-founder & CEO Vipul Singh shares that reviews can be done weekly instead of quarterly, even for enormous sites, and this can be done with over 99% accuracy.
- In addition, the data can be accessed from any device without cumbersome software, keeping all stakeholders in the loop. This data-driven approach not only enhances productivity but ensures better safety and environmental compliance. It also leads to significant cost savings, at times exceeding 10% of operational expenses.
- Read the full interview here.