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Why the Middle East’s Petrochemical Industry Needs to Reinvent Itself

BCG

Article Monday, November 07, 2016 Multiple market disruptions—including the shale gas renaissance in the United States, plummeting oil prices worldwide, and a capacity expansion drive in China and Iran—are reshaping the Middle East’s petrochemical industry.

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Why the Middle East’s Petrochemical Industry Needs to Reinvent Itself

BCG

Article Monday, November 07, 2016 Multiple market disruptions—including the shale gas renaissance in the United States, plummeting oil prices worldwide, and a capacity expansion drive in China and Iran—are reshaping the Middle East’s petrochemical industry.

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Time to Accelerate in the Race Toward Industry 4.0

BCG

Focus Thursday, May 19, 2016. Throughout the world, companies recognize that their success depends on adopting the new digital industrial technologies that are collectively known as Industry 4.0. We found that, so far, companies in the two countries have implemented Industry 4.0 See the sidebar, “About the Survey.”)

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Using Advanced Analytics to Improve Operational Decisions

BCG

Article Thursday, December 15, 2016. Operations leaders routinely make critical decisions across the entire value chain. However, many operations leaders must climb a steep learning curve to understand the best ways to apply advanced analytics. What combination of raw materials will minimize total cost? can be a daunting task.

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Impact of Data Analytics in Consulting

Tom Spencer

The words “big data” have become a “buzzword” in the business industry. It is a concept that revolutionised old-school industries, gave birth to a new industry, and made improvements to businesses regardless of their size. Coordinate with local levels to act on insights ( EY, 2016 ).

Data 106
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Top 5 Manufacturing Trends for 2024: What’s New?

Epicflow

In a few words, the industry is going to evolve in three major areas: implementing recent technological advancements (Industry 4.0), finding ways to address post-pandemic challenges, and meeting sustainability requirements. Let’s take a closer look at these and other manufacturing trends that are going to impact the industry in 2024.

Trends 52
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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

Speaking about the risk-bearing events affecting aerospace engineering projects, we can divide them into three groups: project management, engineering risks, and those that are typical for the aerospace and defense industry. Risks specific for the aerospace and defense industry. Operational risk management .