Max Petersen on Digitalization in Chemical R&D
Max Petersen explains that digitalization, particularly data-driven R&D using AI techniques like unsupervised learning, is essential for accelerating innovation and addressing global challenges such as sustainability and climate change in the specialty chemicals industry.
Digitalization to help drive growth in specialties
By Sotirios Frantzanas
Max Petersen: “AI is an umbrella term for becoming more data driven in R&D, it mainly refers to processes such as unsupervised learning, or some ability of algorithms to understand signals within large datasets. Data-driven R&D is possibly a more accurate term as it describes that chemical companies are trying to be more strategic in the use of data in the lab.”
Embracing a Digitalized Future
Competitiveness, global challenges drive digitalization in specialty chemicals industry
By Sotirios Frantzanas
Max Petersen: “The challenges that we are facing such as sustainability and climate change require a different type of innovation that can be achieved much faster than we have traditionally seen.”