Author(s):
1. Yordanka Anastasova, University of Mining and Geology "St. Ivan Rilski", Bulgaria
2. Nikolay Yanev, University of Mining and Geology "St. Ivan Rilski", Bulgaria
3. Iliya Vecherkov, University of Mining and Geology "St. Ivan Rilski", Bulgaria
Abstract:
We are contemporaries of a new industrial revolution, whose driving forces are based on data and knowledge, digitalization, automation and the continuously developing information technologies.
The mining industry is no exception to this trend. In the last decade the big mining companies have implemented different types of mass information systems for management of individual production processes or the necessary modules from modern ERP systems. The volume of collected primary information naturally grows together with the development and integration of the technology. These are large and complex datasets that are difficult to be processed.
Business Intelligence offers a solution to these problems . BI is a set of methods for the acquisition, processing, analysis and visualization of data in order to extract quickly meaningful and useful business information.
An important feature of BI systems is their ability to process large amounts of data in real time, which makes them particularly useful in making management decisions in the dynamic conditions and processes in the mining industry.
Key words:
Business Intelligence,Mining,Possible Application
Thematic field:
System engineering, risk management and modern trends
Date of abstract submission:
22.05.2017.
Conference:
7th Balkan Mining Congress