2021 Annual Meeting

(78b) The Digital Transformation of the Chemicals Industry - and How to Prepare

Author

Schiavo, A. - Presenter, Lux Research Inc.
Over the course of the next 20 years, the chemicals industry will see more change than it has in the last 50, in large part due to digital technologies. Digital transformation is affecting business processes from R&D, to manufacturing, to supply chain, to sales and go-to-market -- and the data from all these digital efforts is tying those diverse functions to optimize the chemical enterprise and create new business models and sources of value. This presentation looks at how the industry will change through 2040 and examines what the new sources of competitive advantage will be for both companies and individuals.