Neil McPhater: the larger the community, the greater the potential value
The process industry is no stranger to the benefits of information technology, particularly 3D computer aided design (CAD) software applications. But the questions now emerging are: where are companies deriving value from their investments in e-business? And how can they identify optimal value by drawing parallels between the process and the other information-intense industries?
The process industry has two major value chain components: plant creation (the engineering project) and plant utilisation.
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