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Software Solution in Specialty Chemicals
Road To Recovery - The specialty chemicals sector has proven to be more resilient than most process industries to the negative effects of the economic downturn. Today, the recovery is underway and growth prospects are looking ever more positive for the industry.Business Insights recently forecast that the global market will grow at a CAGR of 2% during 2010-14 to reach a total value of approximately $319 billion in 2014. The 15 leading European companies generated $44.9 billion sales in 2009, accounting for 15.6% of the $288 billion global specialty chemicals market.
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Cloud Computing in the Chemical Industry
Evolving Technology - Most chemicals companies still are at an early stage in their adoption and usage of cloud computing, but the industry's structure and prevailing trends mean it is well-positioned to leverage major benefits from this emerging technology. With cost pressures increasing due to high and volatile commodity prices, and intensifying global competition driving a need for greater operational excellence, chemicals businesses need to achieve a fundamental reduction in their underlying cost base. more
Oracle’s Agile PLM Reorganizes Pharma, From Lab to Launch
Becoming Nimble - It's no secret that Big Pharma is facing some of the biggest changes in the history of the industry. The looming patent cliff is now forcing companies to reexamine the way they do business from the ground up: According to IDC Health Insights, between now and 2012, 19 of the industry's blockbuster drugs will come off patent, for approximately $60 billion in annual industry revenue. more
Enterprise Resource Planning
Exchanging Data - ERP (Enterprise Resource Planning) systems are often a key technology in the operations and maintenance functions of the process plant industry. They include multiple applications, covering disciplines as diverse as supply chain management (e.g. purchasing, manufacturing and distribution), financials, human resources, decision support, and so on. But at some point, the ERP system has to be able to exchange data with the asset management system. more
CSB-System Optimizes Quality Management at DiaSys
Leadership - DiaSys Diagnostic Systems is a leading specialist in the development and manufacture of diagnostic systems of high quality combined with ease of use and reduced environmental burden. Focusing on clinical chemistry and immunoturbidimetric tests, DiaSys has introduced more than 80 optimized reagents for routine and special diagnostics. In addition, the product range includes a large selection of suitable calibrators and controls as well as photometric systems and glucose/lactate analyzers. more
Energy Management in the Chemicals Sector
Critical Consumption - Energy is widely acknowledged to be one of the largest operating expenses for chemical plants. In fact, total costs are often underestimated. Reported figures usually only include the cost of energy and power purchased or consumed. They typically do not account for the management of energy and the equipment that must be operated and maintained to distribute, use, recover and remove it. If you factor in hydrocarbon feedstocks, costs can sometimes approach 50% of overall operational expenditure. more26.05.2010Accelrys Launches Pipeline Pilot 8.0 to Enable the Scientific Enterprise
Accelrys has announced the release of Accelrys Pipeline Pilot 8.0. This latest release of Accelrys' scientific informatics platform has been further developed to support a greater number of scientists and researchers working individually or as collaborative teams across the wider scientific R&D enterprise. more19.04.2010Oracle Buying Drug Software Maker Phase Forward
Oracle said on Friday it agreed to spend $685 million to buy Phase Forward, the top maker of programs that help drugmakers run clinical trials, in Oracle's biggest software acquisition in two years. The move would help billionaire Larry Ellison's Oracle expand its portfolio of programs that help drugmakers boost the efficiency of their operations at a time when the pharmaceutical industry is anxious to slash costs. Drug companies are looking to offset revenue declines, as many profitable brand name drugs will soon face competition from low-cost generics. more
Disaster Recovery For Complex Automation
Big Bucks - When disasters happen, a typical refinery may lose as much as €35,000 per hour of lost production. As plants become more complex and reliance upon automation becomes greater, failures in automation may cause as much production impact as a physical disaster. Furthermore, this evolving complexity of automation makes recovering from disasters a moving target. PAS has combined vendor-neutral consultancy with new software providing comprehensive disaster recovery for automation systems. more05.03.2010Tear Down Walls, Increase the Speed of Innovation
In the research world, bringing a new product to market requires the contribution of a host of experts, as well as the intersection of many scientific disciplines. For example, as chemists focus on discovering molecules, compounds and materials that can be used in personal care formulations, biologists may be called on to test potential candidates for safety and effectiveness on skin cell cultures. more- Legal
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