Resource scarcity, environmental impact, and changing consumer expectations are driving the need for innovative business models and platforms to support a circular economy. Due to its early position in the value chain, sandwiched between energy and feedstock players and consumer industries, chemical companies will play a pivotal role in the transformation of the entire ecosystem.
The need for sustainable, reliable, innovative, and trusted products and services requires chemical companies to ensure safety and integrity along the entire value chain and lifecycle of products. Making Industry 4.0 a reality, intelligent technologies will support bridging data across the organization, from operational performance data to experience data, and help companies make sound business decisions to make sustainability profitable and profitability sustainable.
Download the SAP Industries white paper to learn more.