Transform the Way You Optimize Assets, Processes, and People
Wikipedia defines digital transformation as “the total and overall societal effect of digitalization”. The problem with this simplistic definition is it focuses on the digital, not the transformation. You can’t just apply a whole bunch of digital technologies, models, and standards in hopes of economic improvement. You must transform and accelerate how these technologies, business activities, and processes change the way we work, live, and survive.
Are You on the Leading or Lagging Edge of Digital Transformation?
A Digital Transformation is currently taking place in all sectors of the chemicals market. It is necessary because the workforce is ageing, asset reliability and uptime are ever more paramount, and operational safety remains a top priority. Companies are investing heavily in emerging technologies, such as augmented reality, predictive analytics, and artificial intelligence.
Why Digitally Transform?
Profitability. Agility. Global competitiveness. All good reasons to transform. But why now? The chemicals industry is growing with major constructions of increasing complexity. The dynamic behavior of these new processes and/or world scale plants is causing significant challenges, thus accelerating the need for advanced technical solutions.
To successfully execute a digital transformation strategy throughout your organization, you must consider (in totality) four key ‘excellences”:
Are You Fully Benefiting from Digital Transformation?
In addition to digitizing your manufacturing plant to make it more agile in your supply chain, this transformation enables the organization to enhance plant operational business practices to drive higher levels of collaboration, agility, standardization. This approach uses people, processes, and technology to deliver improved performance, agility, and reliability. A successful Digital Transformation strategy must consider how to:
- Maximize the Asset Lifecycle: Optimize new and existing processes, leverage the process simulation model throughout the plant lifecycle and provide relevant operational decision advice to operators
- Optimize Operations: Promote operational excellence across the enterprise, integrate production with supply chain for higher asset utilization, and reduce total cost of ownership
- Enable People: Bring new operators up to speed quickly, improve access to actionable information and drive safety within the plant
To learn how Schneider Electric can help you get the maximum benefit from your digital transformation, visit our CHEMICALS page. Don’t just digitize, transform.