KPMG – Chemicals and Transformation, Challenges and Opportunities

There are many transformation and cyber security challenges facing the global chemicals industry. Following the migration of legacy applications and email to a 100% cloud or hybrid modes, organizations shift to leveraging solutions provided by AI vendors and PAAS capabilities provided by cloud providers such as AWS, Microsoft and Google.  This brings about a fresh iteration of the of the “build vs. buy” vs.” buy-while-you-build” decision, among other considerations.

Many companies struggle with effectively leveraging new and existing data sources and technical capabilities to drive transformation and deliver tangible value; whilst appropriately securing their proprietary process data and operating environment as they work out:

• ownership/decision rights
• required changes to security posture
• appropriate governance and best practices

We will examine the complexities of cyber security and transforming whilst staying focused on the opportunities that security-enabled transformation bring to the chemicals industry.