Edges Of Digital Transformation In the Chemical Industry
The chemical production industry is more competitive, with declining profit margins. Manufacturers of chemicals have two main strategic purposes. First, inject new value into their business. Second, pinpoint ways to retrieve the lost value in current operations by reducing waste and unplanned downtime. Consequently, the chemical industry is experiencing a huge digital transition.
Chemical manufacturers of all sizes are fast devising new methods to bridge the OT/IT divide to back enterprise-wide efforts like improved safety, cost decline, accelerated regulatory compliance, and agile product lifecycle management (PLM). Here are the top five possibilities for digital transformation in chemical production to develop new value or regain lost value in corporate operations.
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24-Apr-2024 12:35 pm
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