To hold global warming within the range of the Paris Agreement goals, the world needs to reduce emissions by unprecedented volume—and at unparalleled speed. Ensuring a green future while continuing to provide reliable energy supplies is a dual challenge that will require new solutions, including advanced technology.

These are challenging times for chemical companies. The industry is transforming to respond to the increasing global demand and environmental challenges while facing serious economic headwinds. What’s the solution, and what does the path to the future look like?

Today´s executives are faced with the complex challenge of maximizing profitability while meeting sustainability goals. Using APM 4.0 to identify efficiencies across the organization can drive operational excellence, which can lead to significant advancement of sustainability objectives.

These are challenging times for industrial companies as the world requires more energy but with a much lower carbon footprint.

Digital technologies can help accelerate the journey to the digital mine, where the entire operations, from exploration and surveying to drilling, blasting and excavating to processing and ultimately transporting material to customers is integrated and work together to maximize both profitability and efficiency.

The data generated during conceptual design and FEED are quickly becoming more strategic. From understanding emissions and energy use to layout and project costs, owners and their engineering firms are placing more emphasis on early design choices.

Los datos generados durante el diseño conceptual y FEED se están volviendo cada vez más importantes desde un punto de vista estratégico. Desde la comprensión de las emisiones y el uso de energía hasta una comprensión más completa del diseño y los costos del proyecto, los propietarios y sus empresas de ingeniería están poniendo más énfasis en la comprensión temprana de las opciones de diseño. Pero con la complejidad de los proyectos de diseño, el desarrollo de información que es tan importante a menudo puede ser lento, ineficiente y propenso a errores. Lo que se necesita es un proceso colaborativo más integral, respaldado por herramientas digitales que ayuden a fomentar una creciente sabiduría colectiva sobre el proyecto, a través de disciplinas y partes.

The COVID-19 pandemic highlighted the need for agility and resiliency within the supply chain for pharmaceutical companies. It is clear that speed to market will remain a top business imperative as we move into the next normal for pharma.

In today’s VUCA environment, organizations are turning to digitalization and Industrial AI to develop autonomous and semi-autonomous processes that enable new levels of safety, sustainability and profitability. This is where the journey to the Self-Optimizing Plant begins.

EPC firms that were already under stress from the COVID-related downturn are investing heavily in digitalization initiatives. According to a June 2020 McKinsey report, EPCs have an opportunity to double their profitability by embracing a handful of “emerging disruptors.” One of these disruptors, digitalization of processes, is within reach for most EPCs and aligns with efforts and initiatives already underway at many firms.