MIT Technology Review Insight Report on Chemicals Industry’s Digital Transformation

MIT Technology Review Insight Report on Chemicals Industry’s Digital Transformation

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Overview

Focus on accelerated digitalization helps decarbonization and emissions efforts and drives innovation.

The energy-intensive nature of this industry poses significant challenges in terms of sustainability and safety. With tightening regulations, increasing pressure from consumers and investors, and the global push for greener practices, the chemicals industry is embracing digital capabilities as a key enabler of its transformation.

Key Objectives:

Demand for decarbonization and emissions reduction is accelerating.
AI, digital twins, robotics, and lab automation are accelerating research productivity, improving operational efficiency and enhancing safety.
Transforming to scale requires strategic oversight and coordination, talent, and capabilities plan, a focus on data standards and interoperability—and leadership.

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