Sandvik launches DataDrive’31 to accelerate the digital future of mining

Sandvik has launched DataDrive’31, a major new technology program aimed at accelerating mining’s digital transformation through data-driven innovation.

The six-year program has a total budget of EUR 80 million. Business Finland has granted EUR 16 million in R&D funding for the first three-year phase, with the option to grant an additional EUR 16 million for the subsequent phase. The remaining funding represents a significant direct investment by Sandvik, underscoring a long-term commitment to technological development and accelerating digitalization. A mid-term review will be conducted after three years to evaluate progress before proceeding to the second phase.

DataDrive’31 focuses on developing new data-driven technologies and solutions that enhance productivity, safety and sustainability across the entire mining value chain. Key objectives include:

Enabling new services and products through data utilization and commercialization.
Integrating data-driven technologies into equipment, operations and aftermarket services to deliver end-to-end digital solutions.
Building predictive and prescriptive operating environments to support smarter, safer and more sustainable mining.

“DataDrive’31 is at the forefront of the technological transformation of the mining industry,” said Mats Eriksson, President, Mining at Sandvik. “Business Finland’s support accelerates our planned R&D work in key technology areas and strengthens our competitiveness in global markets. The strong technological expertise of Sandvik in Finland forms the foundation for this investment. DataDrive’31 is a key driver for the growth of our mining business and demonstrates our commitment to leading the industry’s data-driven future.”

Sandvik has a long history of substantial investments in R&D, digitalization, automation and electrification. DataDrive’31 builds on this legacy, ensuring Sandvik continues to lead the technological transformation of the mining industry and deliver future-ready solutions for customers worldwide, maintaining long-term innovation leadership.

For further information, please contact:
Tiina Heiniö
Vice President, Marketing and Communications
Email: tiina.heinio@sandvik.com

Sandvik Group
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2024 the Group had approximately 41,000 employees and revenues of about 123 billion SEK in more than 150 countries.

Sandvik Mining
Sandvik Mining is a business area within the Sandvik Group and a global leading supplier of equipment and tools, parts, service, digital solutions and sustainability-driving technologies for the mining and construction industries. Application areas include rock drilling, rock cutting, loading and hauling, tunneling, ground support and quarrying. In 2024, sales were approximately 64 billion SEK with about 17,000 employees.