Increase visibility into asset and operational data
Chemical manufacturers are challenged with low visibility into asset or operations performance on both the plant and enterprise level. Data is often siloed in multiple systems with a low level of integration.
Improve asset reliability
A significant percentage of critical assets in the chemical industry are over 25 years old. Many companies are still using reactive maintenance practices and are unable to detect deviations from unexpected plant operating conditions on time.
Maintain knowledge management
More than 70% of experienced workforce and leadership will retire in the next 15 years. By capturing domain expertise with industrial applications, chemical manufacturers can more easily share best practices and reduce the knowledge gap for a new workforce.
Manage operational risk
With growing complexity in regulations—governmental and environmental—chemical manufacturers must invest more in health, safety, and compliance technology to manage operational risk.
Meet market demand
Current market conditions—which can be volatile—and shifting feedstock prices, chemical manufacturers are often challenged with decentralized production, putting added pressure on operating costs and production flexibility.
Latest chemical industry blogs8 Results
Optimizing the performance of assets to increase reliability and availability, minimize costs, and reduce operational risks.
Consolidate and transform manufacturing data across plants for cloud storage, analysis, and analytics.
Webcast: How Chemical Companies Can Maximize Revenue with IIoT
Data-informed insights uncover new opportunities to increase efficiency across business and operations. In the chemical industry, the Industrial Internet of Things (IIoT) is the key to implementing smarter solutions.
Watch our on-demand webcast for a uniquely interactive experience to learn how to unleash the data, assess new opportunities, and unlock customer advantage.