- April 21, 2021
- Dow Chemical Company
Dow Polyurethanes’ transformative product development innovation among 50 honorees for the most cutting-edge trials and applications of emerging technologies.
April 21, 2021 - Dow (NYSE: Dow) has received a 2021 FutureEdge 50 award for its Predictive Intelligence capability, Dow Polyurethanes’ flagship digitalization initiative. The FutureEdge 50 awards annually recognize 50 organizations pushing the edge of innovation with breakthrough technologies to advance their business for the future.
The Predictive Intelligence capability, created in collaboration with Microsoft, was recognized for its cutting-edge innovation in transforming the Polyurethane product development process. Predictive Intelligence combines Dow’s material science expertise with Microsoft’s Artificial Intelligence (AI) and machine learning experience to reimagine R&D, speeding up the 2–3- month long product development process for Polyurethane formulations by 200,000x, reducing the discovery phase to just 30 seconds.
“We’re very proud to receive this prestigious award from FutureEdge 50 for our Predictive Intelligence capability. It’s a recognition of the one-of-a-kind digital transformation approach we’ve taken to become a more customer centric, inclusive and responsive organization,” said Alan Robinson, North America commercial vice president at Dow Polyurethanes.
“We’re challenging the way we work and disrupting our own end-to-end innovation cycle with the customer experience in mind to accelerate customers and markets innovation with a better use of science and digital tools to solve tomorrow’s world challenges. This is an important milestone within Dow’s broader digitalization vision, with more initiatives to be unveiled soon.”
This capability not only enables faster product development of differentiated solutions, but its development also marks a new phase in Dow’s digitalization journey. The capability was developed through adopting a new way of working across disciplines, functions and geographies by embracing an agile mindset that enables rapid innovation.
Dow Polyurethanes is actively pursuing digitalization projects across its business operations, from R&D to marketing, customer ordering, logistics and manufacturing. Stay updated on the Dow’s digital transformation journey by visiting our website.
About Dow Polyurethanes
Dow Polyurethanes develops and delivers a broad portfolio of technologies and customized solutions to customers in a variety of industries under its DurableScience, ComfortScience and InsulationScience category brands. Applications range from industrial and infrastructure solutions, to consumer comfort solutions in flooring, furniture, bedding and footwear, to automotive solutions for vehicle interior, and energy-efficient insulation materials. The business manufactures and sells key chemical components as well as fully-formulated polyurethane systems for rigid, semi-rigid and flexible foams, and coatings, adhesives, sealants, elastomers and composites. Dow is the world's largest producer of propylene oxide (PO), propylene glycol (PG), and polyether polyols, and is a leading producer of quality aromatic isocyanates, such as MDI. Striving to meet the specific needs of its customers in their local geographic regions, Dow Polyurethanes operates a global network of production sites and systems houses, as well as innovation and service centers. The business has an ongoing initiative to lead the industry in providing high-performance products that meet critical market needs and contribute to a more comfortable, healthier and resilient society.
Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company, with a purpose to deliver a sustainable future for the world through our materials science expertise and collaboration with our partners. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in highgrowth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries.
Did you enjoy this great article?
Check out our free e-newsletters to read more great articles..Subscribe