Shell and IBM Team up to Accelerate Digitalization in the Mining Industry

Rhea-AI Summary

Shell and IBM have launched Oren, a new global B2B digital mining services marketplace designed to enhance safety, sustainability, and operational efficiency in the mining sector. By connecting mining companies with field-tested digital solutions, Oren aims to facilitate the industry's digital transformation amidst operational challenges posed by current global events. The platform offers tailored searches, early access to innovative technologies, and a repository of best practices to support mining companies in leveraging data and automation for improved decision-making.

Positive

• Launch of Oren aims to accelerate digital transformation in mining.
• Partnership addresses operational challenges identified by 80% of surveyed mining companies.
• Marketplace provides access to diverse solutions in safety, efficiency, and sustainability.
• Oren supports customization in solution searches to meet specific mining needs.

Negative

• None.

New online marketplace offers field-tested solutions that can help customers improve safety, efficiency and sustainability

NEW YORK, June 17, 2020 /PRNewswire/ -- Shell and IBM (NYSE: IBM) today launched Oren, a global B2B Digital mining services marketplace platform, co-developed by the companies aimed at helping mining companies find solutions related to safety, sustainability, mine planning and operational efficiency. By hosting new technology and digital solutions in one place, Oren aims to accelerate the digitization of the mining industry, speed up the transformation of mining workflows and build in more operational resiliency in a rapidly changing world. 

As current world events disrupt regular business operations, mining companies are looking to become more agile and resilient by embedding more automated mine solutions such as self-driving haul trucks and remote operations centers in their operations. To do this, mining operations need to quickly become more digital and intelligent at every step, both within the mines and throughout the wider value chains.

Shell, a major supplier of lubricants to the mining industry, engaged with more than 350 mining businesses and identified that 80 percent of those surveyed are wrestling with similar challenges in their operations. These include: difficulty aggregating data to make actionable insights; lack of intelligent workflows due to siloed organizational working; improving sustainability; along with keeping employees safe while deploying autonomous technology.

"Mining customers can benefit from many of the digital solutions used in the energy industry, for example, those that help manage operations safely and efficiently in remote locations. We envision Oren being the one-stop digital destination for the mining sector to access the best digital solutions and technologies, not just from Shell and IBM, but also from leading and emerging companies. Being able to find and access a wide range of solutions digitally is even more important given the movement constraints faced as countries respond to Covid-19," said Carol Chen VP, Global Marketing Lubricants Shell.

"The next push in mining requires a new approach towards industry-wide technology platforms which requires new levels of openness, innovation and collaboration. Oren accelerates the adoption of digital services in the mining industry by facilitating technology transfer, innovation and integration from solution providers across the ecosystem. For miners, this experience can help efficiently locate solutions at all levels of the organization. This can make their existing workflows more intelligent to enable their digital journeys and help them reach their long terms goals," said Matt Candy, Global Managing Partner IBM iX.

The Oren marketplace platform allows solution developers – both established enterprise companies as well as start-ups - to get their market innovations to mining clients quickly.

Mining companies may not always have the time and budgets to invest in developing their own new tools to meet these challenges. They are looking to deploy ready-made, proven solutions to improve operations by aggregating data from different sources to create a single view of their operations in order to abstract insights and really drive action and make more informed, data driven decisions.

Oren also aims to enable mining operations to develop a roadmap designed to deliver the interconnected mine of the future by creating connected solutions that integrate and leverage data, Artificial Intelligence, Internet of Things, automation and analytics. This can give miners not only access to digital mining services but also bring solutions and services that can enable miners to imagine and build up intelligent workflows that integrate all services across the mining ecosystem.

The Oren team will bring expert support to mining companies to help build their specific digital journey roadmap while the B2B marketplace provides solutions to get things done:

• Tailored search that allows users to identify the most appropriate solutions by customizing their search parameters in relation to their responsibilities, the business challenge they are tackling or the nature of the technical solution they are seeking.
• Access to field-proven mining solutions such as; MachineMax, a cloud-based digital service for off-highway vehicles and industrials fleet optimization; Shell Remote Sense, a smart lubricant condition monitoring service delivering insights for industrial companies to optimize equipment health, lower maintenance costs and increase operational efficiency; and IBM's Maintenance, Repair and Operations Inventory Optimization Services which helps manage spare parts inventory optimally for both critical and non-critical spares.
• Dedicated environmental management and compliance software that can provide detailed analysis and reporting on pollutant inventories, greenhouse gas emission, energy consumption, environmental impact assessment, mine rehabilitation and mine life cycle assessment. It is anticipated that one third of the solutions available on the marketplace will be related to sustainability with solutions on Oren from both large enterprise and start-ups such as Hydrox Holdings, which developed a technology to unlock inexpensive hydrogen production as a renewable energy source.
• Early adopter access for pioneering technologies that help transform mining operations. Oren will facilitate mining companies to try new solutions in their daily work and integrate them into their current systems. For example, on an operational level the trend in the mining industry is that more and more work is undertaken from control rooms. On Oren, to bring the full experience of a mine site visit to any home office, BGC Engineering will feature its Ada platform, which allows holographic visualization of mine site through a realistic 3D interactive and immersive experience. With this solution subject matter experts and non-technical stakeholders can visit a digital version of their project site any time; past, present or future.
• A searchable repository of best practice mining use cases to show the solutions in action in other mine sites. As the platform increases in use, mining companies will be able to extract insights related to technology trends applied in the industry and understand what areas the sector is investing in. This will help them determine how their own digital transformation journey is progressing. For Service providers or sellers, they can gain insights that are useful for product improvement and that can drive innovation based on what resonates with the customer base and other users of the platform.

The marketplace is available now at: www.orenmarketplace.com

Royal Dutch Shell plc: 
Media:
+44 (0) 207 934 5550 

IBM:
Media:
Jeannine Kilbride 
jkilbri@us.ibm.com 
+1-860-997-6277

About Shell
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

About IBM
IBM iX is the global business design arm of IBM Services, it works at the intersection of strategy, creativity and technology to help clients digitally reinvent their businesses. IBM has been involved in mining for decades, and has re-invented mining offerings to add services, software, data handling, cloud, AI and blockchain capabilities. IBM's focus is to support the mining industry in managing data as a strategic asset; helping the industry to capture, monetize and secure it, all on the road to embrace Mining 4.0 and support the move towards the digital mine of the future. IBM is a full-service mining partner focused on the employee experience, while using technology for transforming various functions across a mining organization. The portfolio features a set of offerings targeting enterprise & operations transformation, technologies, outsourc­ing, SAP implementations, and helping clients use their data to their specific strategic advantage. For further information visit:
www.ibm.com/services/ibmix/ and https://www.ibm.com/industries/metals-mining

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SOURCE IBM

FAQ

What is Oren launched by Shell and IBM?

Oren is a global B2B digital mining services marketplace aimed at improving safety, sustainability, and operational efficiency in the mining sector.

How does Oren benefit the mining industry?

Oren provides mining companies with access to field-tested digital solutions, helping them digitize operations and enhance decision-making.

What are the main challenges that Oren addresses for mining companies?

Oren addresses challenges such as data aggregation, intelligent workflows, and the deployment of autonomous technology in mining.

When was Oren launched by Shell and IBM?

Oren was launched on June 17, 2020.

How can mining companies access Oren?

Mining companies can access Oren through its marketplace available at www.orenmarketplace.com.