Читать книгу Profit Maximization Techniques for Operating Chemical Plants - Sandip K. Lahiri - Страница 34

The speed of technological advancement in the last 20 years makes older technologies obsolete at a speed never before achieved. In today's cut‐throat global competitive environment, companies that follow the old way of doing business gradually become obsolete and die over time. Many chemical companies of the 1980s or 1990snow no longer exist. Companies who could not adopt new technologies and new ways of doing business gradually perish. Only knowledge‐based chemical industries survive. Only CPIs employing knowledge to drive their businesses are going to survive in the future. This essentially means generating an effective platform that can generate knowledge from available business data and use this knowledge to develop a unified framework to support faster business decisions to respond to external market uncertainties. Companies who utilize this knowledge to drive their businesses are called knowledge‐based chemical industries. It is survival of the fittest scenario and only knowledge‐based industries that adapt to a changing business scenario will survive in the future. All other companies, who fail to integrate their knowledge with business, will gradually perish. This gives rise to a new generation of process industries. The emergence of these new generation process industries in this decade is the most important phenomena in CPI.