COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic


Summary

BHP is a mineral resources company that discovers, acquires, develops, and markets various commodities including iron ore, coal, nickel, copper, lead, silver, molybdenum, uranium, zinc, and gold.

BHP started laying digital strategies recently and has been exploring autonomous and automation technologies, wearables, and machine learning among others.

BHP is practicing integrated quality management by automating decision making. It has been using AI to schedule track movements and the dispatch of trains carrying iron ore between their mines and Port Hedland, WA.

BHP has been integrating autonomous processes and data from various sources to have quick and optimized decision making. For instance, the group has been leveraging machine learning to schedule maintenance of trucks by analyzing the fitted components and their failure history.

The report provides information and insights into BHP’s tech activities, including -

  • Insights of its digital transformation strategies and Accelerator/Incubator & other innovation programs
  • Overview of technology initiatives covering partnerships and technology launches
  • Insights on each technology initiative including technology theme, objective, and benefits
  • Details of estimated ICT budgets and major ICT contracts.




Scope

  • BHP started laying digital strategies recently and has been exploring autonomous and automation technologies, wearables, and machine learning among others.
  • BHP introduced its first innovation center in Western Australia and live testing ground in Newman to experiment with new targeted technology solutions.
  • BHP has been leveraging autonomous solutions to create efficient, productive, and safer operations. For instance, the company has been using autonomous blast hole drills in Western Australia, which has benefited in keeping staff away from hazardous operations and the company has realized increased productivity by 25% and reduced maintenance costs by 40%.
  • In June 2020, BHP signed a three-year partnership agreement with Austmine to launch the Supplier Innovation Program across Australia. The program is set-up to collaborate with Australian Mining Equipment, Technology
  • BHP is practicing integrated quality management by automating decision making. It has been using AI to schedule track movements and the dispatch of trains carrying iron ore between their mines and Port Hedland, WA.
  • BHP has been discovering ways to utilize wearable technologies to conduct business operations remotely and safely.
  • BHP has been integrating autonomous processes and data from various sources to have quick and optimized decision making. For instance, the group has been leveraging machine learning to schedule maintenance of trucks by analyzing the fitted components and their failure history.




Reasons To Buy

  • Gain insights into BHP’s tech operations.
  • Gain insights into its tech strategies and innovation initiatives.
  • Gain insights into its technology themes under focus.
  • Gain insights into various product launches and partnerships strategies of BHP