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White Paper

Catalyzing Digital Transformation in the Chemical and Process Manufacturing Industry

 

 

Today, the chemical and process manufacturing industry is being driven by a customer centric approach to meet evolving demands. Trends in the last decade indicate that moving closer to the customer also helps chemical and process manufacturers protect their margins and improve growth.

 

The Evolution of the Chemical and Process Manufacturing Industry

Over the years, what all events and forces shaped the industry and bring about the evolution right from the discovery of synthetic chemicals

Top Challenges Shaping the Industry  

  •  Unpredictable raw material and energy cost
  •   Increasing commoditization driving pressure to lower costs
  •   Stringent regulations require frequent changes in processes
  •   Shifts in geographic centers of gravity becoming more dynamic due to increasing global uncertainties
  • Customer centricity increasingly driving transformation in the industry

 Leveraging Digital Technologies

Leveraging digital technology is necessary to deal with the radical changes, to open up new possibilities, to gain deeper customer insights and to reduce the time lag between planning and execution across the chemical industry value chain.

Innovative Use of Digital Technologies in the Chemical and Process Industry

  • Improving productivity and reliability through remote monitoring and diagnostics
  • Gain supply chain network visibility
  • Strengthen product and supply chain security
  • Increase agricultural productivity with intelligent farming
  •  Achieve a differentiated customer experience

Download the below White Paper to know the various trends shaping the growth of the chemical and process manufacturing industry with specific examples of how digital technologies influence customer centricity, reliability, productivity, and visibility.