Hitachi Construction Machinery Co., Ltd. announced that it has invested $3 million in Rithmik Solutions Ltd., a Canada-based artificial intelligence (AI) company working to accelerate the capabilities of data analytics for mining equipment. The Rithmik technology helps mine sites across the globe turn complex equipment data into clear, actionable guidance that improves fleet performance and prevents machine failures earlier.
“Rithmik Solutions’ technology is among the most advanced globally,” said Simon Wilson, COO of Hitachi Construction Machinery Americas. “Their approach to building an open platform for collaboration with diverse partners aligns perfectly with our vision as we move towards the future. We remain committed to delivering solutions that truly address our customers’ challenges.”
Rithmik Solutions’ technology has the potential to greatly enhance Hitachi Construction Machinery’s LANDCROS Connect Insight platform for mining operations. The platform already provides real-time data analysis and remote monitoring solutions for mining equipment. By integrating the advanced AI from Rithmik Solutions, the platform will be able to find the root cause of issues to suggest proactive maintenance earlier preventing major problems in the future. This approach will enable asset health management with unprecedented precision.
In a demonstration testing conducted at a mine site between August 2024 and July 2025, operational data from 40 haul trucks and six mining class excavators were analyzed, confirming the accuracy of early-detected anomalies. Using this data, LANDCROS Connect Insight will be able to suggest proactive measures that resolve these abnormalities so that machines can run at their full capacity. This will enhance productivity, prevent downtime, and lower total lifecycle costs for mining operations.
Source: www.coalage.com
