Razor Labs hones advantage at cutting edge of mining machine health
November 12, 2025
As featured in Mining Beacon:
Coming from a family of doctors, Michael Zolotov knows a fair bit about the value of holistic health monitoring and pre-emptive actions. After a decade of exposure to mining maintenance problems – and opportunities – he sees the future of machine health through a similar lens.
“A doctor is not limited to only blood work or only CT [computed tomography] or only MRI [magnetic resonance imaging],” Razor Labs’ co-founder and chief technology officer said at the major IMARC 2025 event in Sydney, Australia.
“They’re using all of the available techniques to holistically look at everything that can go wrong.
“This is our methodology.
“We’re like automated doctors for machines.”
Sensors, software, mega-compute and AI are giving miners tremendous insights into the value to be unlocked from 21st century machine maintenance. Realising this potential remains a multi-faceted challenge, though.
Zolotov was joined at IMARC by Razor Labs chief business officer Tomer Srulevich and other senior company officials for the Australian launch of its DataMind AI platform for mobile equipment and visual AI monitoring. The platform is already being used by some of the world’s major mining companies for fixed asset predictive maintenance.
A poster alliance for Razor Labs is its long-term global engagement with Glencore.
In an interview with Mining Beacon, Srulevich said Datamind AI deployments had grown significantly post-COVID.
“We’ve grown from just fixed assets into mobile equipment,” he said.
“We haven’t seen another single platform providing the same holistic predictive maintenance capability for both fixed and mobile equipment.
“Mining OEMs [original equipment manufacturers] are building their own products for their own machines. There’s no cross collaboration. We can work across different entities. We are agnostic.
“When we started as an AI company building deep learning models nine years ago we recognised the mining sector as a key sector where our AI intelligence background could really make an impact. We decided predictive maintenance is our space to excel and we’re investing a lot in making what we do the best.
“We’ve been in the market enough to see the evolution from client services to blockchain, to AI, to now Gen AI. It’s not about the AI itself; it’s about bringing value and translating the models into productive value. I think we’re spearheading this.
“There is a lot of interest in what we’re doing from the OEMs, large industrial conglomerates and other technology companies.
“Our main focus now is the mining industry.
“I think the potential here is untapped. We can see tonnes of opportunities.”
Razor Labs׳ booth at IMARC 2025
Zolotov said at IMARC SCADA systems, vibration analysis and alarms provided a sophisticated array of warnings and data to the owners and operators of heavy fixed and mobile plant and equipment. Yet in Razor Labs’ estimation up to 75% of failures happen “despite all of these systems”.
“We’ve seen that with all of the technologies companies have on site to detect problems with equipment catastrophic failures still occur, with significant financial implications,” Zolotov said.
The inability of current systems to capture failures between periodic inspections and the noise in data that masks underlying issues are two key creators of costly blind spots. Others include simple human error and “everything that cannot be covered by vibration or oil”.
“If I have a belt trip, or a pump performance issue, a pressure drop, for example, it cannot be seen in oil and vibration [analysis],” Zolotov said.
“But even where I capture an alarm, turn it into a work order and I prescribe remedial actions, if these actions are not correct, if they’re not addressing the root cause of that failure, I’m going to see that failure again and it will cause downtime.”
Razor Labs’ holistic approach uses automated root cause analysis, AI to reduce noise and visual AI to detect otherwise unseen failures. Zolotov said improving the coverage range and accuracy of failure recognition and analyses was fundamental to significantly reducing downtime and maintenance costs.
“We’ve been in this sector for more than 10 years,” he said.
“My colleagues and I have visited more than 100 sites across all major continents, really engaging with all stakeholders, from maintenance managers and superintendents to site leadership and the global COOs of organisations.
“Automated root cause diagnosis helps to focus teams on the exact actions needed to fix the issue and prevent recurrence, cutting downtime and maintenance costs.
“DataMind AI does this by fusing data from truck sensors, fluid analysis, maintenance records and even tyre information.
“In one case DataMind AI flagged anomalies in an air filter, crankcase pressure and oil filter sensors, but pinpointed the real cause as a deteriorated wiring harness on a shared 5V–ground line. The system recommended harness repair, which the team confirmed, preventing further failures that would otherwise reoccur.
“And we see this repeated again and again. Advanced root cause analysis is the key to addressing this. Don’t give me 1000s of alarms or false alarms per day. Give me five real iterations. Give me the root cause and the actions, so that when I actually complete the actions I do not see that failure again in the future.
“Mining is also very noisy and that noise is not only generating false alarms but is also masking real deteriorations.
“We can use AI to remove that noise and to compensate for all of the normal variations in mining – different payloads, different engine loads, different RPMs – to turn noisy data into a clear trend where you can see relevant phenomena a month before there is any damage.
“Now imagine the impact of this for engines, for tyres, for transmissions; preventing damage prolongs the life of the equipment and reduces very expensive replacement costs.
“And we can do this one not only for mobile fleets but also for fixed assets.”
Srulevich said visual AI added another sensory layer to the tools tracking equipment performance at mine sites.
“We’re trying to push machines to do more and by using sensor fusion technologies, by combining different sets of capabilities [and] different sources of data, we are able to understand the health of the machine better and also build a knowledge base to improve the performance of machines over time,” he said.
“We need to help customers understand more from the data that they have.
“We see the increase in AI coming together. The question we got in 2021 was, how accurate is your model? We don’t hear that anymore. Trust today is linked to your ability to deliver results that have fundamental impact within the organisation itself. Can you actually produce results that end users will leverage?
“I think this is where the market is going right now. It’s about applying AI at a level where we can demonstrate the results quickly, with a team on the ground that accumulates results and turns them into huge benefits for an organisation.”
About Us
Razor Labs (TASE: RZR) is a global leader in mining technology, specializing in predictive maintenance solutions powered by advanced AI Sensor Fusion. With operations across Australia, South Africa, the United States, and Colombia, Razor Labs enables industrial teams to elevate reliability, efficiency, and safety.
🔗 Follow us on LinkedIn: Razor Labs LinkedIn
📺 Subscribe to our YouTube: Razor Labs AI Channel