The global mining industry experienced a 15% rise in company filings mentions of cloud in Q3 2022 compared with the previous quarter, with the highest share accounted for by JSW Steel with 80% year-on-year decrease according to GlobalData’s analysis of over 71 mining company filings.

Notably, cloud was one of the most frequently referenced themes in Q3 2022, ranking highest in terms of mentions, ahead of Governance and Environment, according to GlobalData’s whitepaper on Cloud in Mining – Filings Trends in Q3 2022.

Of the 50 leading companies in the mining industry, JSW Steel had the greatest increase in references for cloud in Q3 2022, compared with the previous quarter. GlobalData identified 5 cloud -related sentences in the company's filings - 7 % of all sentences - and a decrease of 16% in Q3 2022 compared with Q2 2022. Coal India’s mentions of cloud rose by 50% to 3 and Wheaton Precious Metals’s by 100% to 3.

GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cloud in Q3 2022 was 96.

To further understand the key themes and technologies driving filing sentiment in the mining industry, access GlobalData’s latest thematic research reports.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.