Big Data analytics has become important to the process industry and reveals new market opportunities as well as it could lead to process advantages and cost reductions within the production. No matters whether it is the chemical, pharmaceutical, biotech, steel, energy or other related industries: enormous amounts of data are created every second and need to be analyzed to further improve processes, enhance production, develop innovative products and not only in case of maintenance to understand what will happen next. The application areas in which data analytics can be used profitably are diverse and nowhere in process industry near exhausted.
The 2nd DECHEMA PRAXISforum “Big Data Analytics in Process Industry” brought together industry and SME delegates from international market leaders, high profile end-users and solution providers in the field of data analytics, artifial intelligence and machine learning from all over the world to foster the discussion around who data anyltics can accelerate the process industry.
There were best practice presentations from speakers at decision-maker level, participants got an overview about innovations for highly specific requirements of everyday practice and could network with like-minded professionals.