TY - JOUR AB - This article explores the role of artificial intelligence (AI) in the process industries such as the chemical and pharmaceutical industry. We start by classifying the most prominent technologies comprised under the generic term of AI, define them, and delineate their applicability in various functions along the organizational value chain. Further, we illustrate the boundary conditions for AI application by describing what data are required to initiate and sustain the ”intelligence” of algorithms. We continue with thought-provoking case studies that exemplify the status quo and possible future applications of AI in the chemical and pharmaceutical industry. Based on academic insights, we discuss potential barriers and pitfalls that firms might face while integrating AI into their business processes and present remedies. AU - Stoffels, Marius Alexander AU - Smolnik, Tim AU - Hedtke, Christin DA - 2019 DO - 10.17879/55199636345 LA - eng IS - Journal of Business Chemistry M2 - 41 N1 - Section "Research Paper" PY - 2019 SP - 41-53 T2 - Journal of Business Chemistry TI - Artificial Intelligence in the process industries – technology overview, case studies, and success factors UR - https://nbn-resolving.org/urn:nbn:de:hbz:6-55199638939 Y2 - 2024-11-21T19:41:52 ER -