Chemical manufacturing companies and other process manufacturers everywhere are looking for ways to increase productivity and worker safety while making their operations more sustainable. Digitalization and Industry 4.0 technologies can help them achieve these ambitions by enabling them to gain better control of their assets, generate meaningful insights from data and support 24/7 operations.
Many manufacturers are taking the first steps towards the digital future by ramping up their deployment of Internet of Things (IoT) devices. ABI Research predicts that, by 2030, manufacturing and industrial firms will have deployed more than 49 million 5G-connected IoT devices inside their facilities. In the chemical industries, 5G connections are forecasted to reach 4.8 million in 2030.