In 2025, a large part of chemical companies’ revenue will come from innovative products, services, and business models that are delivered based on real-time data sharing and co-innovation with customers on new platforms and ecosystems. These innovations span from simple after-sales services to very complex business outcomes service models and include the monetization of knowledge, intellectual property, and data assets that companies generate based on the business they conduct.
This keynote will cover how SAP and Covestro, based on their joint vision, research, and innovation together, looking at all facets of business models, processes, technology and ecosystems in chemicals. Through research, they identify ways to simplify and improve the IT landscape, standardize processes, driving for cost reduction and enabling innovation. SAP and Covestro assess on ways to reduce environmental impact and actively incorporate sustainability aspects into business processes and operations.
