The partnership will provide end-to-end solutions, starting from mineral exploration to the final dispatch of ores to customers.
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“Automation is the key to realise the mining industry’s true potential towards growth of the industry and its contribution to GDP growth in a post-pandemic world,” said Sudheesh Narayanan, founder and chief executive officer, Knowledge Lens. “With Geovale Services’ strong domain and consulting expertise and our rich expertise in the niche technology space of AI, Big Data and IoT services, we are well positioned to enhance the self-reliance for mineral-based industries in India.”
Domestic consumption has driven the growth of the Indian metals and mining industry historically. However, in order to realise the full potential of mining, the sector has to undergo disruptive innovations. Digital disruption has ample opportunities for players in the mining sector to innovate, address specific challenges, enhance productivity, and increase performance.
“The mining industry has lagged in adoption of digital transformation, a much-needed tool to give a fillip to its productivity and sustainability in order to meet the future demand for commodities,” said Biplob Chatterjee, chief executive office and director (consulting) at Geovale Services. “Through the partnership, we will build an innovative and customized integrated digital platform for all mining stakeholders right from the operator level to mine management.”
The partnership will allow Geovale Services to provide enhanced value to customers, and also help the industry by bringing in enhanced productivity, lower cost of operation and environment conservation.
Knowledge Lens is a B2B product company and has worked with over 3,000 companies in sectors ranging from manufacturing to pharma and retail in India, United States and the Middle East. Geovale Services is one of India’s leading solution providers for the global mineral exploration and mining industry.