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How Natural Gas Is Transforming Chemical Manufacturing: Part II
The plentiful natural gas unleashed by new fracking technology has spawned a surprising resurgence of U.S.-based chemical manufacturing. An abundance of shale gas has made the U.S. the lowest-cost...
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The Effect Of Global Mega Trends On The Chemical Industry
The global economic situation is extremely volatile, especially for the chemical industry. According to the 18th Annual Global CEO Survey from pwc, there are five global trends that are expected to...
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How IoT Could Transform The Chemical Industry
The IoT is a hot topic. But while everyone agrees that it’s here—or at least is coming—not everyone in the chemical industry knows exactly what the Internet of Things is, or what it will mean to them....
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How IoT Could Transform The Chemical Industry: Part II
The cost of adopting IoT is falling rapidly, with the cost of sensors now about 20 percent of what it was just a few short years ago. Just as telling, Forrester Research predicts that by 2020, U.S....
View Article21 Must-Attend Supply Chain Events For 2016
Tectonic shifts in the Internet of Things and personalization are driving unprecedented change in supply chain management. Succeeding in this new dynamic environment will likely require a radical...
View ArticleWill Chemicals And Capital Markets Continue To Go Strong?
Chemical companies are usually considered quite conservative. But according to McKinsey and Company research, the chemical sector is among the highest-performing industries. Total return to...
View ArticleDigital Transformation Enables Agility In Chemical Industry
In a volatile industry such as chemicals, the nimblest organizations prosper the most. Recent research from McKinsey and Company shows that those companies that frequently and strategically reallocate...
View ArticleDigital Technology Drives Innovation Processes In Chemical Industry
The early 1990s heralded the dawn of the Information Age. The rise of the Internet transformed the way we exchanged information. Phone calls were no longer the only way to communicate in real time with...
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SAP And Apple Co-Innovate To Revolutionize Mobile Business Apps
Recently, SAP has announced an exciting partnership with Apple to drive stronger co-innovation in enterprise mobile apps. The companies are working to transform the mobile work experience for...
View ArticleHow Does Globalization Affect Resources?
How do our global and very interconnected markets effect resource volatility? The evidence points to increasing resource volatility as globalization grows, including in agricultural products. “The...
View ArticleChemical Industry: 4 Opportunities Provided By Internet Of Things
Chemical firms are embracing the Internet of Things, and in doing so, they are making new partnerships possible. Technology improvements allow firms to partner with companies in many fields. With...
View ArticleMore Resources, More Problems
This is the second of a two-part series on resource volatility. As noted in the first post, globalization has created an environment of resource volatility. This post, with numbers 11 through 20 on the...
View ArticleHow The Chemical Industry Is Preparing For Sustainable Business Success
According to the most recent PwC CEO Survey, the chemical industry faces continuous challenges to growth and profitability, even in the best of times – over-regulation, geo-political unrest, and scarce...
View ArticleManaging Chemical Prices And Margins In A Highly Volatile Environment
According to McKinsey, the chemical industry rests on a volatile foundation: the price and supply of oil. The oil price declines that began in 2014 found many chemical producers unprepared for the...
View ArticleInnovation: Key To Chemical Industry Success
The chemical industry is essential to our world economy, and innovation sits at the heart of it. New technologies have paved the way for future growth and are becoming essential to the success of...
View ArticleThe Boardroom As A Catalyst For Digital Transformation
Given the fast pace of digital transformation in every industry, board members need to become more familiar with technology and its transformative properties if they hope to keep company executives...
View ArticleHow Is Digital Transformation Changing The Game In The Chemical Industry?
In a recent episode of Game Changers, host Bonnie Graham explored digital transformation in the chemical industry. I had the opportunity to participate in this radio program with two other industry...
View ArticleInnovative Industrial Applications Of 3D Printing In The Digital Economy
A few short years ago, 3D printing was a novelty. Today, it’s a major driver in business process transformation and the digital economy. Already nearly every industry is finding unique ways to use 3D...
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The Key To Gaining ROI From IoT
On the enterprise technology hype scale, the Internet of Things is a heavyweight champ. There’s only one problem. So far, this “transformative trend” – as Gartner calls it in the firm’s 2016 IoT Hype...
View ArticleHow 3D Printing Will Energize The Chemical Industry – Part 1: Key Opportunity...
It’s been nearly 30 years since Chuck Hull, the “Thomas Edison” of the 3D printing industry, introduced the first 3D printer. Since that time, 3D printing, otherwise known as additive manufacturing,...
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