AI and IoT in the Mining Industry

Hello listeners!

On this week’s podcast, Ryan Chacon speaks with Michael Zolotov, CTO and co-founder of Razor Labs, about AI and IoT in the mining industry. The conversation covers predictive maintenance, AI sensor fusion, examples of predictive maintenance in action, the importance of automation, the impact of generative AI, and advice for companies looking to deploy solutions in harsh environments and heavy industries.

Modernizing One of Our Oldest Industries

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Meet Michael Zolotov

Michael Zolotov is CTO and co-founder of Razor Labs. Michael is reshaping how mining operations harness machine-generated data by pioneering advanced solutions that turns data into actionable operational intelligence. Recognized as one of the field’s leading innovators, Michael has over a decade of experience driving technological breakthroughs into real-world business impact. Beyond Razor Labs, Michael is a co-founder and board member of Axon Pulse, Axon Vision, and Compie Technologies. Previously, Michael led large-scale artificial intelligence programs focused on sensor fusion and airborne radar systems. His groundbreaking work earned him a place on the Forbes 30 Under 30 list. Michael holds a Master's degree from Tel Aviv University.

About Razor Labs

Razor Labs, a leader in the mining technology sector, specializes in predictive maintenance with its flagship product, DataMind AI. Their award-winning advanced AI Sensor Fusion technology forecasts equipment failures, enhancing operational efficiency and safety. As a publicly traded company, they maintain a strong presence in key mining hubs, including Australia, South Africa, the United States, and Colombia, where their solutions have driven significant improvements.