The year 2020 has shown us that advancement in science, especially the field of chemicals (and related fields such as biotechnology that deal with the vast majority of chemicals), cannot come fast enough!
According to research, companies that have implemented Industrial AI in the chemical sector are exhibiting significant benefits as follows:72%report a minimum 2x improvement in some process KPIs37%report a 5x improvement in KPIs4 Ways of Applying AI and Machine Learning in the Chemical IndustryWhile every enterprise has its blueprint to follow when it comes to the application of tools and techniques on AI and Machine Learning, certain broader areas can be common for the chemical industry.
However, these days, faster results that can mitigate manual errors and minimize efforts are required.
Today, major players in this sector are looking for focused R and innovation that can yield faster and more accurate results following the use of artificial intelligence in the chemical industry.
It can also help in recognizing the right molecules, generate formulas, and aid in knowing the precise quantities of different chemicals required.
However, digital transformation and the introduction of layers and layers of machine-generated intelligence can make this combination even more successful than ever before.