Augmented Reality in Mining Industry

Running head: ASSIGNMENT 3
Digital Innovation: Assignment 3
Name of the Student
Name of the University
Author’s Note

1ASSIGNMENT 3
Executive Summary
Chosen industry in this report was Australian mining industry for major minerals and quality.
The plan was to provide two types of strategy. The strategies were provided on short-term and
long-term basis; where mining industry required incorporating virtual reality (VR) and
augmented reality (AR) into their system. These two strategies and use cases were designed to
provide brief outline about the processes. Finally, Minimal Viable Product (MVP) and roadmap
is prepared for appropriate product development and working with MVP in suitable order or
terms. Furthermore, the integration strategy is prepared so that VR and AR can be utilized in
Australian mining industry.

2ASSIGNMENT 3
Table of Contents
1.0 Introduction................................................................................................................................3
2.0 Strategies and detailed discussion: Short-term and Long-term.................................................3
2.1 Short-term Strategy................................................................................................................3
2.1.1 Mission, Goals, and Objectives for Short-term Strategy................................................4
2.1.2 Use Case for Validation of Short-term Strategy.............................................................4
2.1.3 Cost-Benefit Analysis for Short-term Strategy...............................................................5
2.2 Long-term Strategy................................................................................................................6
2.2.1 Mission, Goals and Objectives for Long-term strategy..................................................7
2.2.2 Use Case for Long-term strategy....................................................................................7
2.2.3 Cost-Benefit Analysis for Long-term Strategy...............................................................8
3.0 Product roadmap and minimal viable product...........................................................................9
4.0 Integrations of Virtual Reality and Augmented Reality..........................................................10
5.0 Conclusion and Recommendations..........................................................................................12
Bibliography..................................................................................................................................14

3ASSIGNMENT 3
1.0 Introduction
In Australian mining industry, the scenario turned out to be about those minerals in
different site increased mining of materials over the decade. Australia is the fifth largest copper
contributor while it covers 6% worldwide copper resource. Aim of the report is to extend the
business model canvas and value proposition with stating Minimal Viable Product (MVP) and
product roadmap for potential investors. The outcomes from MVP and product roadmap are
expected as this report can estimate greater success from systematic implementation of feasibility
study, viability analysis, model canvas, and roadmap (Barfield 2015). To analyze success from
technology utilization, cost-benefit analysis is considered as a tool for developing Minimal
Viable Product.
2.0 Strategies and detailed discussion: Short-term and Long-term
2.1 Short-term Strategy
Short-term strategy is recognized to be a planned yet controlled way to introduce two
emerging technologies as Virtual Reality (VR) and Augmented Reality (AR). In mining industry,
it is expected to be quite difficult to incorporate two technologies in the first place. Therefore,
short-term strategy initiates with planned way to incorporate VR into business model (Dudin et
al. 2015). Once, the VR technology is implemented; after some testing; the AR technology will
be implemented if incorporation of VR is successful. Therefore, short-term strategy is aimed to
identify system flaws and identify mitigation plans; before implementing the selected emerging
technology.