Our abilities to do things have immeasurably grown compared to twenty years ago through digital models and digitalization. <…> These opportunities should be used for the benefit of both the people and the government. The upcoming growth of consumption, the population and the quality of life will have us involve our deposits more through the use of digital technologies — Kirill Molodtsov, Aide to the Chief of Staff, Presidential Executive Office .
The ability to work with large data volumes on much faster computers raises questions previously unheard of, because it was easier to study and explore a deposit with a pickaxe and a shovel than use slow computers to calculate what it has inside. Now the situation is completely different. <…> The global trend is the interface for getting the most comprehensive diagnostics, as well as creating to most up-to-date productive models and using them — Alexander Sergeev, President, Russian Academy of Sciences.
Geology turned to the digital and subsoil use turned to the digital long before the term ‘digital economy’ appeared — Sergey Gorkov, General Director, Chairman of the management Board of Rosgeologia».
27–30 years ago, we owned equipment worth USD 27 million, now it is USD 3.5 billion. <…> This is the level of mechanization and automation. If you go for mechanization, automation and digitalization, costs go down and efficiency grows. So, it is profitable from where business stands. <…> We are starting to explore previously abandoned boreholes, and the digital helps us restore the resource base and add some science to mining. The digital is already here – we need to accept it — Hemant Kanoria, Chairman, Managing Director, Srei Infrastructure Finance Limited .
The most relevant technologies that can be used for geology are those that help analyzing large volumes of data through artificial intelligence and deep neural networks. Why? Because it is the system that helps analyze a large volume of previously accumulated data and draw forecasts based on the conclusions. For example, for extracting or mining extra resources or processing these extra resources. Or even finding resources. We can tackle many tasks — Natalya Kaspersky, President of InfoWatch.