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The Secrets to Successful Innovation

Jun 3, 2021 | Insights

WHAT IS INNOVATION?

Innovation is change that creates a new dimension of performance

  • Solves a real problem
  • Means venturing into uncharted territory
  • Leads to significant positive change
  • Delivers new value to a customer

UBER DIDN’T IMPROVE THE TAXI

It created a platform to connect people with common needs

MINING IS IN DIRE NEED OF INNOVATION

VOLUME AT ANY COST = INEFFICIENCY

The previous focus on volume at any cost has led to highly inefficient practices in terms of productivity.

 

businessman

“Trakka allows our team to run a highly effective condition-based maintenances program that helps our mine operate at the lowest cost per hour.”

– Maintenance Manager at a leading North American coal mine

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