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Turning Digital To Dollars In The Coatings Industry
CTT 2019 Fall Conferences
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Innovation
Is Scientific INNOVATION
PROCESS
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Business Is
Customer
Driven
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Application Work
Custom Formulations
Sample Fit for Use
1980-2010
Global Expansion
ROI Globalization > ROI Innovation
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Chemicals History
1950-1980
Intense Innovation
New Chemicals & Compounds
2010 Onward
Consolidation
New R&D Waves
Divestitures
Boston Consulting Group
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$1BDow Chemical’s investment in
digital transformation
Digital Technology AdoptionIn Chemicals
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McKinsey & Co. in Harvard Business Review
Low
High
Digital Spending
Digital Asset Stock
Transactions
Interactions
Business Processes
Market Making
Digital Spending on Workers
Digital Capital Deepening
Digitization of Work
OVERALL
“Chemicals executives
expect disruptions
from digital technology
over the next 5 years”
70%
BAIN & CO.
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Enabling Technologies
AI / ML, Big Data,
Quantum Computing
Industry Composition
Trifurcated Market
Non-traditional New Entrants
Demand for New Categories of Products
Advanced Materials, Green Plastic,
Energy Storage & Usage
New Business ModelsCustomer co-Creation
Share Risk with Customers During Development
Outcomes-based Pricing
New Era of Innovation
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Digital disruption
creates winners and losers
in every market
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© Alchemy Cloud, Inc. All Rights Reserved.
#1 Basic Digitalization
Digital Data
Process Automation
Project Portfolio
Management
#2 Strategic Innovation
Digital Product Development
Product Portfolio Analysis &
Management
New Product Categories
#3 Predictive Chemistry
ML/AI New Molecules, Formulas
Custom Formulations
at Scale
New Delivery Models
Digital Roadmap
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Business Impact
Cost Savings
Process Efficiency
Resource Utilization
Visibility for Better Planning
Growth
Faster Innovation
Customer Responsiveness
Portfolio Leverage & Coherence
Defensibility
First Mover Advantage
Unique Products
IP Protection
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Basic Digitalization
Custom Database of Formulas &
Test Results for Reuse
Custom Library of Applications
for All Your Lab Work
Visibility to All People & Projects
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Strategic Innovation
Custom Electronic Lab Notebook
Ability to Analyze Across All Work to
Speed Innovation & Leverage Your IP
Product Portfolio Management Based
on Your Core Platforms and IP
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System That Learns About Your
Chemistries & Products
Analyze Chemistry, People, & Process
Data at a Scale and on More
Dimensions Than Humanly Possible
Predictive Chemistry
Examples - What’s Doable Today
Digital
Formula &
Test
Database
Digital Lab
Work
Requests
Data-Driven
Project
Scoring
Automated
Workflows
& Reporting
Run a
Digital
Lab
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Digital Formula & Test Database
Chemists can find and reference relevant lab
work quickly and easily to prevent wasted
rework
Work Smarter
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Digital Lab Work Requests
+ Standardize and automate incoming lab
requests, automatically match to technical
and functional specs of your formulas
Improve Sample-to-Sales Ratio
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Data-Driven Project Scoring
+ Make data-driven keep/kill decisions for new
product development
Balance Portfolio Across Priorities, Time & Resources
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Digitalize the Innovation Process
+ Automate staffing, prioritization, process
steps, approvals, and reports while
populating a customized electronic lab
notebook based on your test methods
Work Smarter and Faster
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Run a Digital Lab
+ Design digital test plans, capture test data
from people and lab equipment, and feed
other software up and downstream
Maximize Efficiency& Effectiveness
“We’re now
capturing all
formula, test and
technical data
electronically.”
“Data now informs
which new product
development
efforts we pursue.”
“Capturing all of our
current chemistry data
digitally gives us the
right foundation for
predictive formulation
in the future.”
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What Your Peers Are Saying
Public Data
Very Large Data Sets
Multi-party, Open Source
Often Academic
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Chemicals Future
Proprietary Data
Data from Your Labs
Your IP
Known Science
Principles
Across Chemistry, Physics & Biology
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Technical
Requirements
Flexible Data Model
Custom Applications
Fast Software Changes
Ability to Integrate
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Initiative Owner
Management Mandate
Eager Test Site
Prerequisites for Change
How To Scale Out
Start Small
Realize Results
Scale Fast
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© Alchemy Cloud, Inc. All Rights Reserved.
#1 Basic Digitalization
#2 Strategic Innovation
#3 Predictive Chemistry
Embrace the Inevitable
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Business Impact
Cost Savings
Process Efficiency
Resource Utilization
Visibility for Better Planning
Growth
Faster Innovation
Customer Responsiveness
Portfolio Leverage & Coherence
Defensibility
First Mover Advantage
Unique Products
IP Protection