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The Chemical Industry Will Invest Over US$7 Billion in Digital Technologies by the Start of The Next Decade

Published: June 29, 2022

The chemical industry has finally woken up to the benefits of Industry 4.0 and is ready to spend in the face of challenges such as increasing margin pressures and a declining labor force NEW YORK, June 29, 2022 /PRNewswire/ -- While still considered laggers in the digital transformation space, the Covid-19 pandemic forced the chemical industry to accept that digital transformation is critical to its future success. According to a new analysis by global technology intelligence firm ABI Research, chemical manufacturer's investment into digital transformation will grow at a CAGR of 6% between...

Source: philippinetimes.com

Pulp and Paper Industry's Adoption of Digital Technologies Will Be Worth US$3.6 Billion at the End of the Decade

Published: January 20, 2022

/PRNewswire/ -- Pulp and paper producers face twin challenges. First, the gigantic machines converting wood pulp into paper-based products are a single point...

Source: prnewswire.com

ABI Research: Pulp and Paper Industry's Adoption of Digital Technologies Will Be Worth US$3.6 Billion at the End of the Decade

Published: January 20, 2022

Device and application platform services, data analytics, and IoT security among the necessary technologies to avoid unplanned downtime and improve overall equipment effectiveness NEW

Source: finanznachrichten.de