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A study of the UK chemical industry’s digital transformation and the building blocks of reliable return on investment from Industry 4.0.

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Management summary

• Digital transformation is widely recognised as an imperative for the UK chemical industry.
• Senior management are demanding that the business case for investment in Industry 4.0 offers reliable return on investment.
• Experts from the sector interviewed for this study have outlined key building blocks – effective Industry 4.0 investments for the UK chemical industry – which help to deliver an accumulating return, while enhancing service levels offered to customers.

Typically, the key investment building blocks were felt to be:-

• Digitalise the physical environment
• Standardise data protocols
• Invest in applications using the data pool
• Data exchange with upstream supply chain
• Make the digital connection to customers

Follow the link below to download the white paper>>

External URL: https://www.siemens.com/uk/en/home/markets/chemical-industry/chemical-industry-4-0-a-formula-for-investment-white-paper.html