ARC Insights Report: Digital Capabilities to Advance the Circular Economy
This report addresses how industry leaders in the chemical and petro-chemical industries are leveraging digital technology as a key component of the transition to a circular model of production and consumption and as part of an overall path to sustainability of operations. Based on ARC research and analysis, this report also provides recommended action for owner-operators and other technology users.
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Recently AspenTech and the ARC Advisory Group conducted a study on the circular economy among industrial manufacturers. Early results indicate that complex supply chains and proven technologies are the most significant barriers to achieving circular economy goals with 75% of respondents believing digital capabilities are essential.