Altering the composition of the enterprise

Digital technologies are altering chemical companies’ operations, including research and development, manufacturing and supply chain. These technologies are also creating unprecedented levels of industry dislocation, with new entrants fundamentally changing the economics of business. To thrive, chemical companies need to conceive and offer compelling new customer or even end consumer experiences, advance their operational efficiency, launch or integrate with new digital offerings, and build innovation ecosystems. We call this process Digital Reinvention.

Featured findings

91% of chemical executives surveyed say cloud is their most strategically important technology
74% of outperforming chemical organizations surveyed have a transformational vision for digital technologies
84% of outperforming chemical organizations surveyed use digital technologies in distribution and logistics

About the authors

Spencer Lin

Spencer Lin
Global Chemicals and Petroleum Lead
IBM Institute for Business Value

David M. Womack

David M. Womack
IBM Global Director of Strategy and Business Development
IBM chemicals and petroleum industries

Dr. Viswanath Krishnan

Dr. Viswanath Krishnan
Industry Executive
IBM chemicals and petroleum industries

Anthony Marshall

Anthony Marshall
Research Director
IBM Institute for Business Value

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Digital Reinvention in action

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What to do and how to make it happen

Digital Reinvention

Digital Reinvention

Preparing for a very different tomorrow

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