Israeli company Razor Labs, whose AI-driven DataMind AI platform for maintaining key mining machinery, was the winner in three separate categories at the 2024 Mining Technology Excellence Awards.
The startup, whose platform anticipates potential breakdowns before they happen – potentially saving time, money and, most importantly, lives – was crowned in the Innovation, Safety, and Research & Development (R&D) categories.
The awards, which are powered by British data analytics firm GlobalData, honor achievement and innovation in the mining industry.
Razor Labs says it won the Innovation Award for revolutionizing predictive maintenance, the Safety Award for the platform’s role in improving worker safety through accurate equipment failure forecasts, and the R&D Award for its continuous investment in developing the sophisticated AI algorithms that power DataMind.
“We are deeply honored to receive these prestigious awards,” said Razor Labs CEO Raz Roditti.
“This recognition is a testament to the relentless dedication and ingenuity of our team. DataMind AI, with its advanced AI Sensor Fusion technology, is revolutionizing how mining operations are monitored and maintained, significantly enhancing safety, productivity, and operational efficiency. We look forward to driving further advancements in the industry.”
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