Across various industrial sectors, digitalization has rapidly developed, utilizing several existing and emerging digital technologies, including AI, Big Data analytics (BDA), IoT, machine learning (ML), natural language processing (NLP), robotics, and automation. While the chemicals industry was relatively slow to adopt these technologies, the transformation rate in the industry has increased considerably in the past 5 years.
The global spread of the COVID-19 pandemic has accelerated the digital transformation in the industry to enable companies to rapidly address remote and hybrid working practices, prolonged and sometimes broken supply chains, and changing end-user demands.
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