Braskem invests US$7 million in digital transformation in 2022
Digitization

Braskem invests US$7 million in digital transformation in 2022

The company is developing more than 70 digital products for industry 4.0 and the supply chain, commercial, research, and development areas, among others.

  • By ICN Bureau | December 03, 2022

Braskem, the market leader and pioneer in the production of biopolymers on an industrial scale, has been investing regularly in new technologies and digital innovation for more than five years. The move is crucial to further consolidating the company's leadership position in the chemical industry, leveraging its innovative and competitive edge to generate sustainable impact and results.

Braskem has been increasingly investing in digital technologies to boost competitiveness and productivity, drive growth across existing businesses, and accelerate gains in innovation and sustainability. Since 2018, when the company's digital transformation began, Braskem has been making direct investments in technology.

This year, around US$7 million were invested in the digital transformation portfolio. "Braskem plans to grow investments to develop and streamline its strategic, operational areas. Our technology spending spans from preparing the entire infrastructure needed for the safe and reliable functioning of our assets to initiatives that transform the industry," explained Daniel Sales, Vice President of Investments and Digital Technologies at Braskem.

Investments made in recent years enabled the company to advance in applications that make the industry smarter, safer, more independent, and more connected. Currently, digital strategies are transforming Braskem's entire value chain, estimated to generate around US$90 million yearly, making up the recurring gains reported through the program Transform for Value. The company already has more than 25 transformational initiatives. It is developing more than 70 digital products for industry 4.0 and the supply chain, commercial, research, and development areas, among others.

Braskem developed SPEAR, its own iterative and collaborative approach to managing the inevitable changes in work processes caused by the new digital tools. The method brings greater flexibility and collaboration to market best practices in change management and has been used to drive the adoption of dozens of digital products at Braskem.

"Our team members have been an important part of this digital transformation movement. They are invited to get involved directly in developing digital products that will transform the way they work or to send suggestions for problems to be solved through new technologies and acquire new skills for future work. One example is that our specialists have already developed more than 100 machine learning models in recent years," said Guilherme Baeta, Chief Digital Officer of Braskem.

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