For the first time, Chemistry Goes Digital created an inventory of the chemical industry when it comes to digitalization!
Chemistry Goes Digital featured discussions and mappings of the challenges of digitalization in the chemical industry within the value chain stages of Procurement, Research & Development, Production, Marketing & Sales as well as Supply Chain, and identified so far untapped business opportunities when the results were compared with a map of the solutions offered by digital (chemistry) startups. ‚Chemistry goes Digital‘ was organized by the Chemistry Platform of the German Startups Association (Startup-Verband), the German Research Center for Artificial Intelligence (DFKI) and the Chemical Invention Factory (CIF) in partnership with the Smart Data Forum (SDF). Also our kind partners and sponsors BASF and Covestro professionally supported this event.
Event initiator Sonja Jost (Board Member German Startups Association) welcomed all participants warmly and motivated to actively join the biggest mapping of the challenges of digitalization in the history of the chemical industry.
The keynotes by Prof. Dr. Reinhard Schomäcker (Scientific Director of Chemical Invention Factory) and Prof. Dr. Volker Markl (German Research Center for Artificial Intelligence) clarified the importance of both branches and how these sectors ultimately benefit from each other. ‘The development of chemical processes needs support from digital technologies’ said Prof. Dr. Reinhard Schomäcker. Further Prof. Dr. Volker Markl emphazised that new algorithms and machine learning with respect to chemical processes are very helpful for the chemical industry.
In the following panel discussion moderated by Sonja Jost, Prof. Dr. Reinhard Schomäcker, Prof. Dr. Volker Markl and Marie-Lousie Sadakane (Digital Transformation Consultant and Former Marketing Head Spotify) talked about how data science and artificial intelligence can specifically optimize processes in the chemical industry and can also foster innovation and science in general. Then, digital chemistry and tech startups pitched their latest digital technologies in the field of AI, VR, and Maschine Learning, and demonstrated successful applications in the chemical industry. BASF „… want to be prepared for the digital disruption“ therefore BASF is looking for digital innovation partners and pitched its latest ‚Digital Challenges‘ project for startups (note for startups: application possible until January 15, 2019 (1st round)).
After the working lunch break, four intense workshop hours of exchanging, developing and rating ideas & technology how the chemical industry can put data to work was the key challenge of Chemistry Goes Digital. Startups provided hands-on support during the whole workshop sessions as moderators: Procurement (Foxbase & Porosil), R&D (Labfolder & Creative Quantum), Production (DexLeChem), Supply Chain (SustAnalyze & Packwise), and Marketing & Sales (Chembid).
Thank you to all participants, we hope you had a great time! Thank you to our kind partners and sponsors BASF and Covestro as well as our cooperation partners Smart Data Forum, the German Research Center for Artificial Intelligence and the Chemical Invention Factory for their amazing support! Also a big thank you to the two graphic recorders who did an incredible job by managing to be in five parallel workshop streams at the same time!!
*A summary report on workshop results can be purchased by the German Startups Association.** The ‘Chemistry Goes Digital’ report contains an introduction, a summary, and all workshop results of the Research & Development, Procurement, Production, Marketing & Sales, and Supply Chain stream. Additionally, respective graphic records map all results, startups, and where „white spots“ are graphically. Please contact Marie Westphal for further information.
**Supporting members of the German Startups Association get 25% discount off the prize.
On behalf of the BASF team, we’d like to thank you and your team for the great event. Amazing spirit!
It was a lot of fun. In comparison, my colleague was at a 3-day intensive workshop and came back with similar results.