Thomas Husson’s Post

We absolutely love these below: 👉How do we cut through the noise and make the right decisions? ✔️ Use the right tools for the right job, not just the latest tech trends. ✔️ Focus on solutions that solve real problems now, not just promises. ✔️ Look for tools that consolidate data, not create more fragmentation. ✔️ Prioritize solutions that integrate operations, not create more silos. #fecc #chemcialindustry #conference #digitalization #congress #ai #datamanagement #dataculture #chemicaldistribution

Last week, I attended the Fecc Annual Congress 2024. The theme was "Quo Vadis, Europe," and the opening set the tone with "gloom & doom." With Mario Draghi's report, it’s clear Europe is facing challenging times ahead. 🌍 Sustainability presents opportunities, but as Bernd Elser from Accenture highlighted, achieving these goals will require nine times more energy than we use today—equivalent to 508 new nuclear power plants—and over €1 trillion in investments. 💶 While the upfront costs are huge, they’re essential to unlocking the €186 billion opportunity in sustainability-related products. Digitalization and (Gen)AI were once again offered as solutions to some of the challenges. Interesting (and hilarious) to me—this has been a topic since FECC 2019, and here we are, 5 years later, still exchanging PDFs in the chemical industry while discussing AI. Many I spoke with admitted, “Our data is a mess,” yet they are still jumping on the AI bandwagon. 😅 Richard Jenkins pointed out that digitalization and AI came out on top in Congress polls, but he rightly suspected people might be confused. In my opinion, this confusion is caused by all the noise surrounding these topics. Why? The hype and overpromises overshadow real value. How many digital transformation efforts have truly been successful? Be honest. The real question is: How do we cut through the noise and make the right decisions? ✔️ Use the right tools for the right job, not just the latest tech trends. ✔️ Focus on solutions that solve real problems now, not just promises. ✔️ Look for tools that consolidate data, not create more fragmentation. ✔️ Prioritize solutions that integrate operations, not create more silos. Small steps matter. There are no shortcuts. As the saying goes, 'To cross the water, touch the stone'—focus on steady, real actions rather than rushing into the latest trends. (Thank you, Dahai Yu, for sharing this valuable Chinese proverb.) What's your take on this? How do you think the chemical industry can make real progress while navigating all the hype around digitalization and AI? P.S. Huge thanks to Dorothee Arns and her #FECC team for the top-notch organization, and for selecting such relevant topics and speakers. It was truly amazing (as always), and I'm definitely joining again next year in Hamburg! BENS Consulting / allchemist.net / Chemius #FECC2024 #Digitalization #AI #ChemicalIndustry #Sustainability #DataManagement #MasterData #SmallSteps #PracticalSolutions #SDS #TDS #ChemicalDataManagement #ChemicalDistribution

In his opening address at ADIPEC 2024, our MD and GCEO Dr Sultan Al Jaber called for the energy industry to lead the world into the next phase of sustainable growth. He highlighted how energy stands at the center of the three global megatrends requiring cross-sector integration: the rise of emerging economies, the growth of AI, and the transformation of energy systems. “These megatrends present mega opportunities that demand mega solutions.” For more: https://lnkd.in/dsCxJJwC #EnergyForLife #ADIPEC

The value of data comes from how well different parts work together to use that data effectively.

Over the past decade, ADIPEC has emerged as a pivotal platform for discussing the mega trends, regulations, and investments essential for transforming the complex global energy ecosystem. Join us this week in Abu Dhabi exploring key themes such as energy transition, digitalization, sustainable finance, and the burgeoning hydrogen economy. Together, we can drive the energy transition forward and tackle the global energy trilemma of security, affordability, and sustainability. #ADIPEC #EnergyTransition #Sustainability #Innovation #GlobalEconomies

[VOTE] 🔔📣📢 Don't forget to vote in the upcoming European elections 🗳️🇪🇺🇫🇷 As we approach the European elections, we urge everyone to exercise their democratic right and vote 🗳️🇪🇺🇫🇷 These elections are crucial not only for the future of our democracy but also for advancing the cause of energy, ecological transition and combating climate change 🍀🌐♻️ The decisions made at the European level have a significant impact on policies related to renewable energy, environmental protection and climate action 🍀🌐♻️ By casting our votes, we have the power to shape the direction of these policies and contribute to a more sustainable future for our planet 🌍🌎🌏 Let's make our voices heard and participate in building a greener, more resilient Europe 🗳️🇪🇺🇫🇷 Together, we can drive positive change and make a difference for generations to come 🗳️🇪🇺🇫🇷 Remember, every vote counts 👍🙏🤝 Welcome aboard 👉 www.xydromark.com #EuropeanElections #ClimateAction #EnergyTransition #Xydromark

A few months ago Paris-based Avenirs Energétiques reached out to me. It is an association dedicated to promoting informed and balanced discussions on energy issues, in this case green industry in Europe in this changing climate. Youtube video: https://lnkd.in/grdVaStW French-speaking acquaintances will find this valuable, as while I was interviewed in the only language I'm fluent in despite lots of efforts to learn others, my talking head clips are brief and the vast majority of the segment is in French. Their questions to me focused on the challenges of reinvigorating European manufacturing, especially of essential green technologies like solar panels, wind turbines, batteries and EVs in the face of massively scaled Chinese competition. As I've noted a few times, China maintained an industrial policy, running toward where the low-carbon ball would be, while North America and Europe to different degrees, chased the ball through the markets. China has a massive domestic market for all green products, with everything on the list and more sold and built in China usually in larger quantities than the rest of the world combined. This gives a massive advantage regarding the experience curve, as they've already doubled production times more than most non-Chinese competitors consider reasonable in their wildest dreams. China also has a strong purchasing power parity advantage, with their domestic supply chains costing 40% less than the West's. In part this is because the industrial policy included geographical clustering of related industries so supply chains are geographically short, challenges can be resolved by hands on local experts and the local skilled labor and expertise pool is extraordinary. China also has an education advantage, having made a specific policy of educating everyone to a high level, having a strong focus on STEM and having strong support for foreign study at the best schools with good boomerang results back to China. As a result, it's graduating far more STEM PhDs than the west, and they are not inferior academically. Similarly, it's outstripping the west in patents, and while quality may have been low 20 years ago, this is not true today. Finally, China — especially but not solely — through its Belt & Road Initiative has been establishing global supply chains of critical materials necessary for green products, and developed expertise in processing those materials. Since 2010, they've been focused on cleaning up that processing as well. Tariffs and subsidies will be insufficient in the face of these advantages. A 100% tariff on EVs to the USA still leaves BYD's cars cheaper than US EVs. Countries and geographies should consider their unique opportunities for specialization in specific industries. And they should seriously rethink their positions on industrial policies, rejecting the markets-only consensus that emerged during the 1980s and 1990s. #china #europe #competition #industry #climateaction

The main point is that applied intelligence relies on successful collaboration throughout the entire value chain. Data alone has no real significance. This statement emphasizes that the value of data comes from how well different parts of an organization work together to use that data effectively. Simply having data isn’t enough; it must be shared and interpreted collaboratively to drive meaningful insights and decisions.

📌 The YASED International Investors Association Technology and Innovation Working Group organized an online meeting on #hydrogentechnologies. ✅ One of the core topics was Türkiye’s first #HydrogenValley Project. Members of YASED received detailed information about #HYSouthMarmara, which will serve as a gateway for green businesses in #Türkiye. 🔋In the upcoming period, we will see many joint ventures in #greentechnologies established by local and international investors.

Have you heard about the India-Middle East-Europe Economic Corridor (IMEC)? It's set to revolutionize how we connect continents! 🔑 Key Points: •Multi-modal network linking India, Middle East, and Europe •Includes shipping routes, railways, highways, and digital connections •Could significantly reduce transportation time and costs 💡 Why it matters: 1.Boosts economic growth across regions 2.Enhances energy security 3.Promotes digital connectivity 4.Offers an alternative to existing trade routes 🤔 Challenges ahead: •Geopolitical complexities •Environmental concerns •Massive funding requirements The IMEC could reshape global trade patterns and regional cooperation. . . . Read Full Blog https://bit.ly/3zOZQXp . How do you think this might impact your sector? Share your thoughts below! 👇 Follow United Indian for more such news, updates, and facts http://theunitedindian.com . #IMEC #GlobalTrade #Infrastructure #EconomicGrowth #GovernmentSector #LatestNews #TheUnitedIndian #weareunited #TUI #NewsBlog #TeamOWS