embarked on a digital transformation journey to allow the Company to leverage
technology with the aim of becoming the most competitive contract mining
company in the South-East Asian region.
Petrosea began its transformation journey through Project Minerva, which stands for "Mining Engineering and Construction Advanced Analytics", as a strategic step in carrying out the digital transformation of all of our mining operations to catalyze Petrosea's transformation in order to ensure sustainable superior performance in the years to come. Apart from harnessing real-time data and connectivity, our aim was also to become a learning organization by continuing to develop essential skills for 4IR adaptation by prioritizing technical and business skill training along with leadership and character building.
As we moved along with the digital transformation initiatives and executed the early phase of Project Minerva, we realized how technology could optimize operations and enhance our financial performance. It was quite straight forward for us to realize that having the right information available in real-time would enable us to make the proper decision in a timely manner to really improve our performance even more. That paved the way to the digital transformation of Petrosea as a company even further.