In the past decade, the chemical industry has adapted the use of a handful of digital opportunities, which are generating a new age of growth for this old industry. Benefit from the digitalization in the chemical industry on pinpools.com

1. Digital Transformation Is Driving
Massive Growth for the
Chemical Industry

2. New business models
are disrupting the
traditional ways

3. CHEMICAL COMPANIES ARE INNOVATING
to catch up other industries which have
improved their performance with digital
solutions

4. CHEMICAL EXECUTIVES
Look for solutions
How to use digital technologies that can be used
creating sustainable advantages for chemicals
industry
Understand the future to take an
advantage of the changes early on
What their world is going to be in 5-10 years
Need to identify short-term priorities
Prioritizing opportunities, such as new products
and services, so the operations can be improved
and developed

5. According to Bain &
Company's research there
are 3 potentials with
digital technologies

6. 1.CUSTOMER ENGAGEMENT

7. Customers will have better
supplier transparency
-> specifications
-> product availability
-> performance ratings
-> alternative suppliers

8. Digitalization improves chemical
producers' customer relationship
-> having more customer-centric view
-> focus on making the customer experience better
-> understanding customers' needs

9. THE USE OF TECHNOLOGY BETWEEN THE
CUSTOMERS CAN BE DIFFERENT BETWEEN
FACTORS SUCH AS GEOGRAPHICAL
LOCATION OR THE AGE

10. 2.New Products and
Services

11. DEMAND FOR
ASSOCIATED
CHEMICALS
due to the need of use in 3-D printing

12. 3.Operations

13. NOWADAYS CHEMICAL COMPANIES HAVE
MORE DATA AVAILABLE THAN EVER
BEFORE
This improves the quality of the product meanwhile
the costs are reducing

14. Companies need to take the
most out of the existing data
and draw insights
The insgihts help producers to make better
decisions and monitor the production in a real-time

15. Mobile apps and tablets help
the whole organization
Better awarness throughout the team members

16. Chemical executives must decide
where and how to invest in digital
technologies, depending on their
priorities and their place in the market.

17. Digital transformation offers a massive opportunity
for chemical companies, but success requires
thoughtful prioritization and investment in new
talent and capabilities

18. TAKE AN ADVANTAGE OF
CHEMICAL DIGITALIZATION WITH
PINPOOLS MARKETPLACE