cloud computing delivers improved scheduling and planning, supported by remote operations centres, visual asset inspecti
Presented by
No.1
Use of Digital Technology in
Ch emical In dustry
Why must Chemical Producers digitalise? Chemical manufacturers have unique needs that require efficient and safe solutions. Production often requires longer run times, less fouling and needs to adhere to stringent safety regulations. Digital technology is playing an expanding role in enabling higher levels of performance across multiple business functions and opening the door to new growth opportunities. Research shows that higher-performing chemical companies tend to embrace a wider scope of digital technologies compared to lower performers.
The Internet of Things will be especially significant to chemical producers.
1 An IoT sensor-enabled environment gathering a wealth of plant data enables companies to automate more processes and gain real-time operational insight to increase uptime and reliability, and deliver predictive maintenance.
2 Integrated enterprise systems combined with cloud computing delivers improved scheduling and planning, supported by remote operations centres, visual asset inspection drones and the deployment of mobile technology. • The global chemical industry is worth US $3.9 trillion and directly employs 20 million people • 94% of executives expect digital to revolutionise the industry • Increasing performance could add as much as 7.5% or $50bn of additional revenue globally
