One of the societal byproducts of the COVID-19 pandemic has been an increased emphasis on technology to meet changing needs, and the fuel and petrochemical industries are no exception to that trend.
Before the pandemic hit, the nation’s manufacturing sector — including the refining and petrochemical industries — was wrestling with how to find and train enough young people to replace the wave of Baby Boomers retiring from the workforce at a rate of nearly 6,000 per day.
Beyond digitization (converting analog information to digital) and digitalization (the technology-driven shift to business processes) lies digital transformation.