Evonik to become a member of the MIT-IBM Watson AI Lab to accelerate innovation with AI

Evonik expands cooperation with IBM in the field of digitization. The two companies extend their strategic partnership ahead of schedule until 2025. Evonik, IBM Research, and US university MIT explore potential industrial applications Admission to the research program’s advisory board Early extension of strategic partnership with IBM Evonik expands cooperation with IBM in the field of digitization. The two companies extend their strategic partnership ahead … Continue reading Evonik to become a member of the MIT-IBM Watson AI Lab to accelerate innovation with AI

Evonik to invest in digital platform for chemicals to strengthen its e-commerce activities and online customer interactions

Evonik’s venture capital arm has invested in chembid, the world’s largest search engine and market intelligence platform for chemicals, to strengthen the company’s e-commerce activities. chembid is the largest meta-search engine for chemicals, connecting buyers with suppliers Investment supports development of independent marketing platform for the chemical industry chembid boosts its service offerings with Evonik’s digital laboratory assistant for coatings Evonik’s venture capital arm has … Continue reading Evonik to invest in digital platform for chemicals to strengthen its e-commerce activities and online customer interactions

Covestro to push digitization for production and customer processes

Saving energy with data: Dr. Sabine Pegel at Covestro Dormagen production site and Nils Janus of Covestro Advanced Analytics testing artificial intelligence technologies.  Covestro is driving forward the use of artificial intelligence (AI) in the company as well as throughout the entire chemical industry. As part of these efforts, the Leverkusen-based materials manufacturer is conducting several pilot projects across different divisions to investigate how digital … Continue reading Covestro to push digitization for production and customer processes