IT expenditure spending remains a key for mining companies

Mining exploration is an expensive business. Not only is exploration costs an issue for miners, so is the issue of scarcity of resources. Therefore companies are not only looking for technologies to extend the life span of their mines, but also to improve exploration and business processes to maximize the efficiency of their operations.

MMG, one of the world’s largest mining producers, has partnered Indian IT bellwether, Wipro Technologies, to develop an integrated business management application. This will streamline the company’s key management systems via process standardization.

A multi-million dollar project, it aims to provide the firm with the ability to derive value from its current and future operations as well as to automate their business processes on the SAP platform. This is believed to be the key efficiency driver for the growth of the mining industry.

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