Knowde

"Look around - what is not coated? Just the plants and water. The rest is all coated." - Jilles Eissen, CIO at allnex My conversation with Jilles reminded me why I'm so invested in our industry. Companies like allnex are the "brands behind all brands" - the hidden innovators behind every physical product we rely on every day. We all recognize that our industry needs to embrace digital transformation. It’s not a matter of if, but how. Jilles is leading the change at allnex with a strategy that's worth paying attention to. He's focused on: ? Building a data foundation for AI ? Standardizing global processes ? Empowering change agents across the organization Every minute of our conversation is packed with actionable advice. Check out the full episode: https://lnkd.in/eVdcmmmy

In our latest Executive Interview Series episode, Knowde CEO Ali Amin-Javaheri sits down with Jilles Eissen, CIO and Global IT & Digital Director at allnex. The topic of the day? Prioritizing standardization and simplicity in digital architecture to enable innovation. As many chemical companies wrestle with complex data management and new technology implementations, allnex is leading the change. Their consolidation to a single global SAP instance is just one part of a comprehensive strategy that includes innovative AI applications in R&D, workplace safety and sales optimization. Don't miss Eissen's "spaghetti to lasagna" approach that's helping allnex transform their digital architecture and how they're building a culture of change through digital champions across the organization. Watch the full episode and check out the full Executive Interview Series catalog:?https://lnkd.in/gZN-2yhP

Most people don't know the origin of our name: We are the node that connects knowledge. We established the company on one insight — connecting a company’s data will be the bridge for an industry-wide transformation. Just like all other industries, ours will also digitally transform. But this won't happen until we organize data in a way that makes sense. This is not an easy problem to solve — the data in our industry is in many formats and 10x more complex than any other. Introducing —?Knowde AI. This is the unlock for digital transformation. Since our founding, we have been on a mission to organize the world of chemistry. For the past seven years, we have been building the technology that converts messy data from any source into a structured, connected source of truth. This has always been our core technology. While some recognize us as a marketplace, the Knowde Marketplace is just one of the applications we built on top of our core technology. It's now time to unveil what we've been building underneath. https://www.knowde.com/

How can you make AI work for you? ?? Start with the Right Data Foundation AI systems are only as good as the data they rely on. In the chemical industry, turning the unstructured data buried in PDFs, legacy systems and spreadsheets into a strong data foundation is critical to unlocking the power of AI. ?? Structured Data is Key Generative AI thrives on clean, structured data to reduce inaccuracies and "hallucinations" (AI-generated incorrect outputs). Structured data is organized according to a strict taxonomy or schema; databases are great examples of this. Examples of unstructured data are text in documents, images or video. Structured data ensures precision, traceability and relevance, making AI outputs more reliable. Highly structured data reduces inaccuracies, ensures traceability and provides relevance. For instance, generative AI models can significantly minimize "hallucinations" when they are fed precise, categorized information. Examples include structured customer feedback enabling detailed product recommendations or curated compliance data ensuring adherence to regulatory standards. ?? Leverage Tools for Data Management Implement a Master Data Management (MDM) platform specific to the chemical and ingredients industries to centralize, harmonize and enrich product data. Once the clean data layer is in place, your company can unlock scalable and innovative generative AI applications tailored to your evolving needs. For a more in depth look into how chemical and ingredient companies can successfully implement AI, head to the full blog post linked in the comments.? #AI #MasterDataManagement

EXECUTIVE INTERVIEW SERIES HIGHLIGHT - Knowde CEO, Ali Amin-Javaheri, and Clariant CCDO, Chris Hansen, discuss the reason why many digital projects fail in the chemical and ingredient industry. By establishing a single source of truth for their master data, Clariant solved the root of the problem that holds so many companies back—enabling them to capitalize on the world of digital possibilities and boost productivity across their teams. Watch the full episode and others from the Executive Interview Series: https://lnkd.in/eXxPXmQZ YouTube: https://lnkd.in/eGTSAT6s Spotify: https://lnkd.in/e4AakY5V Apple Podcasts: https://lnkd.in/e2_3CA6b

A successful Master Data Management (MDM) practice involves conducting periodic data audits and cleanups. This prevents data silos from forming and helps maintain consistent data formats. Chemical manufacturing and distribution companies should regularly audit the following fields: ?? Product descriptions ?? Product properties ?? Regulatory data ?? Applications and markets Follow us for more actionable MDM insights to keep your data strategy on track. #MasterDataManagement

AI is driving profound changes in the chemical industry, unlocking new possibilities in data-driven decision-making, sustainability, supply chain transparency, and more. As AI-based technologies continue to evolve, emerging solutions such blockchain and the industrial internet of things (IIoT) will further shape the future. ?? Check out Chemistry World's article for a closer look at how AI is advancing the chemical industry: https://lnkd.in/dRZn8JqV

Integrating product data with your business systems is key for transformation—but the complexity and diversity of chemical and ingredient product data can make it hard. Here’s how to make it easy ?

Competitive pressure in the chemical industry is intensifying. How can you differentiate your company to secure a dominant edge in the market? Here's what industry leaders think: ??"I see it increasingly that differentiated companies are going to have more digital and data context. It's a matter of when, and not if." - Jeff Immelt, Former CEO, GE ??"Digital will play the role to differentiate your company. Having the right structure and the right information that you can share with the supplier and with the customer is going to differentiate distributors.” - NEJADE HENRI, Former COO, Brenntag ??"I would just say that this is a differentiator: a solid data foundation and the digital platform. If you're thinking about it, and your competitors are not, that's an advantage that you have." - Joel Caracciolo, CFO, Kinetico Incorporated ??"Data and digital are the new differentiators in the space and I think that will only accelerate." - Ali Amin-Javaheri, Co-Founder & CEO, Knowde What's your take??

Increasing revenue from existing customers is challenging. The root of the problem is data. Establishing a clean data layer enables you to maximize revenue opportunities via: ?? Cross-selling & recommending complementary products Clean data unlocks the ability to build a digital product catalog so sales reps can easily suggest products to customers. ?? Increasing sales efficiency Clean data clears the way for sellers to spend more time with customers and less time searching the information they need to make sales. ?? Improving sales forecasting accuracy Clean data makes it easy for sellers to track which products customers are interested in or purchasing. ?? Shortening sales cycles Clean data empowers customers with self-service access to product information, decreasing the time between sample request and fulfillment. A Master Data Management platform makes it easy. Find out how in the comments.