Digital Transformation in the Petrochemical Industry -- Challenges and Opportunities in the Implementation of {IoT} Technologies

Fuente: arXiv
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Auteur principal: Portillo, Noel
Format: Preprint
Publié: 2025
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author Portillo, Noel
author_facet Portillo, Noel
contents The petrochemical industry faces significant technological, environmental, occupational safety, and financial challenges. Since its emergence in the 1920s, technologies that were once innovative have now become obsolete. However, factors such as the protection of trade secrets in industrial processes, limited budgets for research and development, doubts about the reliability of new technologies, and resistance to change from decision-makers have hindered the adoption of new approaches, such as the use of IoT devices. This paper addresses the challenges and opportunities presented by the research, development, and implementation of these technologies in the industry. It also analyzes the investment in research and development made by companies in the sector in recent years and provides a review of current research and implementations related to Industry 4.0.
format Preprint
id arxiv_https___arxiv_org_abs_2503_04749
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Digital Transformation in the Petrochemical Industry -- Challenges and Opportunities in the Implementation of {IoT} Technologies
Portillo, Noel
Computers and Society
The petrochemical industry faces significant technological, environmental, occupational safety, and financial challenges. Since its emergence in the 1920s, technologies that were once innovative have now become obsolete. However, factors such as the protection of trade secrets in industrial processes, limited budgets for research and development, doubts about the reliability of new technologies, and resistance to change from decision-makers have hindered the adoption of new approaches, such as the use of IoT devices. This paper addresses the challenges and opportunities presented by the research, development, and implementation of these technologies in the industry. It also analyzes the investment in research and development made by companies in the sector in recent years and provides a review of current research and implementations related to Industry 4.0.
title Digital Transformation in the Petrochemical Industry -- Challenges and Opportunities in the Implementation of {IoT} Technologies
topic Computers and Society
url https://arxiv.org/abs/2503.04749