Читать книгу Profit Maximization Techniques for Operating Chemical Plants - Sandip K. Lahiri - Страница 13

Currently the chemical industry is slowly entering into a new era called the data analytics and artificial intelligence stage, commonly known as industry 4.0. Disruptive technologies like artificial intelligence, machine learning, big data analytics, and the internet of things (IoT) have already entered the chemical process industries and have started to change the rules governing the chemical business. Chapter 2 explains how the transition from a conventional to an intelligent chemical industry is slowly taking place. Their influence is starting to see benefits in a significant improvement in production efficiency, energy utilization, optimization of the entire manufacturing process, integration of the supply chain, new product development, product delivery speed, etc. As of now, it is quite clear that digital will have a significant impact on many areas of the chemical industry, with the gains in manufacturing performance potentially among the largest. This chapter gives an overview of how digital will affect the chemical industry and where the biggest impact can be expected. There are three major areas where applications of an advanced analytic tool can give an enormous profit increase, namely predictive maintenance; yield, energy, and throughput analytics; and value‐maximization modeling. This chapter gives insights about how to achieve a business impact using data and introduces the concept of how valuable data analytics and upstream and downstream activities can result in achieving a business impact.