BEIJING, Oct. 10, 2024-In a recent development to accelerate AI digital transformation, IBM Consulting has inked a long-term cooperative agreement with Shandong Dongming Petrochemical Group, China in Beijing China.
It intends to achieve this objective by transforming Dongming Petrochemical’s internal systems and operational processes. The agreement is also expected to target Supply Chain Management, E-commerce activities, and Intelligent Logistics.
IBM Consulting will apply sophisticated technologies such as Cloud, Big Data, and Artificial Intelligence to make the company more competitive.
Li Min, Vice President of IBM Consulting Greater China, remarked:
“This cooperation is a landmark for IBM as we support the digital upgrades of China’s chemical industry.”
Li Zhi, President of Shandong Dongming Petrochemical Group, emphasized:
“We are committed to joining the Fortune Global 500 through innovation and look forward to IBM’s support in achieving this goal.”
Together with the Chinese company, this project is very important for Dongming Petrochemical which is currently undergoing changes to become an internationally competitive integrated energy company.
Through the custom IT services, IBM will enable Dongming shareholders to reduce operational costs, improve efficiency, and achieve growth, thus strengthening the company’s competitiveness in world markets.
Both sides want to utilize technological advancement to develop novel tools and models for increasing efficiency and growth. Thus, a certain step becomes crucial in the petrochemical industry’s developmental history. Other details of the ongoing partnership are likely to be forthcoming as the situation develops.
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