FLSmidth and GE have joined forces to create digital solutions for increasing productivity in the minerals industries. The new solutions developed on GE’s cloud-based Predix platform will leverage FLSmidth’s expertise in minerals processing and GE’s Industrial Internet of Things (IIoT) capabilities to maximize the potential of connected equipment.
FLSmidth will build their solutions on top of GE’s Predix platform with applications for managing process flows thereby allowing customers to leverage process data and analytics for monitoring, benchmarking their performance and predicting maintenance of their equipment.
Operating costs account for around 80% of the total cost of ownership for running a mining operation, and energy is the single largest component. An ongoing monitoring of processes makes it possible to increase productivity significantly.
“Mining companies already collect significant volumes of data, but currently, only a fraction of it is used. This will be the first available solution for a full coherent process monitoring to leverage optimization solutions offered by a full service provider like FLSmidth,” said Jens Almdal, head of global research and development for FLSmidth. “By connecting our control applications with GE’s platform, we can bring FLSmidth’s proven expertise in resource optimization and productivity together with GE's monitoring and data analytics solution to create an unrivaled combination that will dramatically improve productivity.”
“FLSmidth and GE are bringing together the best from two worlds, GE’s digital industrial expertise to help customers to be more productive and FLSmidth’s deep insight into processes and maintenance of minerals plants. Our collaboration will form a strong foundation for the development of a greater digital ecosystem,” said John Manison, general manager for GE’s Mining Solutions business.
The FLSmidth control applications integrated on GE’s Predix platform will be launched in the third quarter of 2016.