These equipments facilitates the chemical plant to function efficiently and has high capability of carrying out the heat recovery from fluids, gases, steam or vapors. Chemical companies have long struggled to make the shift from “product sellers” to “solution providers” in the customer-facing aspect of their business. Digitization can make a big difference in this regard. For example, with an application in the paper chemicals segment, suppliers are using sensors and other digital technologies to track how their products are integrated into their customers’ operations; in turn, this enables the chemicals companies to improve their products based on utilization patterns and enhance their ability to meet customer needs.
Also advances in machine learning, offer chemicals companies a valuable opportunity to do more with fewer people and effectively lower the cost of running the business. Moreover, greater processing power and decision-support systems enabled by artificial intelligence can help reduce organization layers and create a more efficient and potentially innovative operation by, in essence, removing traditional centralized spans of management hierarchy and replacing them with more localized control.
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