An increasing number of companies are investing in their digital transformation to maintain their competitive edge in a rapidly growing and crowded marketplace. While new technologies like AI and ML find applications across various industries, the possibilities in the chemicals industry are immense.
However, the chemical industry is facing increasing pressure to decarbonize operations amidst the fight against climate change. The importance of the chemicals sector in global economic development is not only highly relevant but also begs the question: how can we ensure that the sector benefits from lean, efficient operations to meet rapidly growing demand amidst increasing pressure to decarbonize operations?
One way to achieve this goal is to rapidly implement digital technologies that enable companies to adopt innovative business models so they can increase their competitiveness and resiliency. This leads those in the chemical industry to ask how they can recognize and avoid inefficiencies to improve chemical process control.
With technologies like AI and ML, companies can optimize production, improve process efficiencies, enhance product quality and improve yield. AI can also reduce unplanned downtime, saving enormous costs
Learn how manufacturers are leveraging AI to identify and optimize production proficiency in our latest paper: Manager’s Playbook for Getting Value from AI in the Chemicals Sector.
