Digitalization allows you to manage day-to-day performance safely and reliably, respond to swings in market dynamics, operate at a true optimum, squeeze down on the gap between potential and realized margin, create more utility for the end customer / consumer, and outmaneuver competition. Find out about our view on Digitalization in our Digitalization Manifesto.Download full whitepaper
Digitalization allows a plant to manage day-to-day performance safely and reliably, so that it can respond to swings in market dynamics, operate at a true optimum, and squeeze down on the gap between potential and realized profitability. It also enables a process operation to extend its problem-solving ecosphere beyond the plant: to engage the support, brainpower and technologies of the plant’s key partners, customers and suppliers who can each bring their own specific expertise and experience to augment the plant’s own capabilities and resources.
Digitalization can turn a distracted organization that is bogged down in reacting to day-to-day issues and inundated with data, information and advice, into an agile, well-oiled machine that proactively anticipates issues and organizes to prioritize and solve them before they escalate. Done right, it creates revenue, improves business performance (not just process), solves problems that could not be solved before, empowers personnel and makes them more effective. It builds a culture with digital information at the core.
And now is the time to Digitalize. Digitalization has been enabled by rapid growth in technology capabilities and the acceptance of new business models. Most in the industry are only just beginning their Digitalization journey, but some are already embracing it and are pulling themselves ahead of the rest. It creates and sustains competitive advantage, and those who are not Digitalizing now are being left behind – they will be consumed in the market place.
Read more about KBC's view on Digitalization as a key strategy for the pursuit of operational excellence in our Digitalization Manifesto.
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Aug 15, 2019
Europe’s refiners, through their industry organization Fuels Europe, have set out their long-term ambitions in a new program called Vision 2050. Putting this vision into practice will require Europe’s refiners to rethink and rebuild their long-term strategies, along the way transforming their organizations into modern, flexible knowledge-based enterprises. Read more in this market insight by KBC Chief Economists.Read full article
Aug 15, 2019
A Co-Pilot in the Cloud enables collaboration between process plants and service providers to improve operations.Read full article
Aug 15, 2019
The focus should be on providing information and understanding directly to the decision makers in a way that drives the business as a whole to make improvements in reliability.Read full article
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