In my openion, the chemical industry is one of the most important industries in the world. Not only do 90% of our everyday products contain chemicals, but the industry also employs approximately 10 million people. Naturally, they were one of the first to embrace digital technologies such as process control systems or sensors which have a long tradition in production.
A continuous digital transformation plays a crucial role in several key aspects of the industry. Accenture has identified the six most influenced areas.
- Higher Levels of Efficiency and Productivity
Increase competitive advantages and further decreases the costs through operational optimizations.
- Innovation through Digitalization
Helps boost the productivity in R&D and thus decrease the time till market entry.
- Data Management and Analytics
An improved understanding of customer needs and so the optimization of offerings are integral contributors to any company’s success.
- Impact on the Workforce
Tasks and opportunities, as well as the job requirements, will experience a change with digital transformation. “Finally, technology will take an even greater role in upskilling and training employees, and in knowledge management.” (World Economic Forum & Accenture, 2017)
- Digitally enhanced offerings
An increasingly important aspect of product performance especially for close-to-end customer markets.
- Digital Ecosystems
Being separated into Innovation, Supply and Delivery, and Offering Ecosystem.
Industry 4.0, however, does not only include aspects of digitalization but mainly artificial intelligence, robotics, Internet of Things (IoT) or advanced materials. In the table below their impact on chemical products is illustrated.
Please elabotate are your thoughts about it also.
You give an answer, what was the question?
Normally the section labelled question is meant for "asking questions to the community".
I have a new question for you:
-have you really asked a question?
[under philosophy, logic, commons based peer production]
Dear Renaud Di Francesco I would like to get opinions of researcher regarding the impact of deep learning on the future process industry. However, I mistakenly select "question" instead of "discussion". I hope it clearify. Thank you
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