Collaboration will deliver quality solutions and value to the Mining Industry
Bengaluru, 7 April 2021 – Bengaluru-based technology trendsetter Knowledge Lens today announced its strategic partnership with Geovale Services, India to provide Digital Transformation solutions for Mining, River & Water Management, and Monitoring industries. The partnership is expected to deliver quality solutions and value to the Mining industry and its various stakeholders by providing an end-end solution leveraging technology starting from mineral exploration to the final dispatch of ores to customers.
Commenting on this strategic alliance and industry outlook, Sudheesh Narayanan, Founder & CEO said, “Automation is the key to realize mining industry’s true potential towards growth of the industry and its contribution to GDP growth in a post-COVID world. With Geovale Services’ strong domain & consulting expertise and our rich expertise in the niche technology space of AI, Big Data & IoT services, we are well positioned to enhance the self-reliance for mineral-based industries in India.” He further added, “Through our digital transformation solutions, we’re not only supporting Geovale Services to provide enhanced value to its customers, but also actively supporting the industry to reap the benefits of enhanced productivity, lower cost of operation, environment conservation and much more.
Biplob Chatterjee, CEO & Director (Consulting) at Geovale Services says, “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 future demand for commodities. 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.”
With Indian Government’s increasing focus to reform the mining sector, it is evident that this sector is key to India’s growth ambition of achieving a USD 5 Trillion economy. Growth of the Indian metals and mining industry has been historically driven by domestic consumption, however, in order to realize 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.
About Knowledge Lens:
Knowledge Lens is a B2B product company that builds innovative solutions on niche technology areas such as Big Data Analytics, Data Science, Artificial Intelligence, Internet of Things, Augmented Reality, and Blockchain. Knowledge Lens has successfully transformed companies into Smart Enterprises by implementing Next Generation Enterprise Data Lakes, AI Powered Intelligent Apps and Industry 4.0 solutions both on premise and cloud. With over 7 years of domain expertise in the IIoT space, their solutions are trusted by Fortune 500 companies and 3000+ customers and industry leaders in various sectors such as Manufacturing, Automation, Pharmaceutical, Retail, among others across India, United States, and Middle East regions. Headquartered in Bangalore, Knowledge Lens was founded in 2013 with a mission to discover intelligent insights from enterprise data and deliver business value to customers.
About Geovale Services:
Geovale Services is one of India’s leading solution providers for the global mineral exploration and mining industry. Their services include carrying out project generation, conceptual targeting of quality mineral prospects, due diligence, corporate advisory and valuation services, exploration project management, resource modeling, geotechnical services, detailed mine planning and other feasibility studies.
Their diverse knowledge base and rich industry experience has enabled them to provide innovative solutions of risk mitigation for their clients.
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