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The Business Case for Digitalization in the Energy and Chemicals Sector

October 31, 2019 / STEPHEN B HARRISON

When we use the word ‘digitalization’ what do we really mean? Computers have been used for process control since Fortran 77 was developed in the late 1950’s. Commercial transactions have been executed in ERP computer systems for decades. So, what’s new about ‘digitalization’ for the energy and chemicals sectors and how can the industry benefit from getting ahead of the curve?