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1、The evolution of digital R&D in chemicalsFrom disruption to maturity:Digitalization has had a substantial impact on many aspects of the chemical industry,helping companies collaborate across their value chains,increase productivity and create new channels to markets.Research and development(R&D)is n
2、o exception,as companies have turned to digital technology to help accelerate the creation of new higher value and higher margin products.Some chemical companies are using technology to increase throughput in the development of molecules with advanced functionalities.Others are performing predictive
3、 simulations to optimize formulations for cost and performance.And yet others are mining data from past experiments to determine how to better allocate resources to maximize the efficiency of R&D teams.Such practices have been used in the pharmaceutical industry for some time,but they were economica
4、lly impractical for chemical companies due to smaller sample sizes and less repetition in lab work.However,advances in technology have been making large-scale computing relatively inexpensive,leading chemical companies to adopt digital R&D at a faster pace.While those efforts have brought results,th
5、e challenge now is to move beyond the fragmented and one-off use of technology to the cross-functional and cross-value chain integration needed to bring the full potential of digital to life.2The evolution of digital R&D in chemicalsSix building blocks of digital R&D123456Evolving technology means t
6、hat chemical companies have a growing range of options to consider when applying digital tools in R&D.In our view,there are six technology“building blocks”that will likely be key to tomorrows R&D function.Co-creation platforms to foster collaboration and integrationIntelligent knowledge management f