We accelerate innovation as a long-term growth driver by leveraging collaboration through data and digital technologies among other things. Our mission is to harness the transformative power of data and digital innovations in everything we do to spark discovery and elevate humanity. By embedding our vision into our Data & Digital strategy, we strive to provide best-in-class solutions for our three business sectors and deliver value to the industries they serve.
We are expanding our innovation efforts into new technologies, markets and digital business models with a strategic focus on enhancing existing assets and capabilities. The newly established Data, Digital & IT Executive Council under the joint leadership of the Group Chief Science & Technology Officer and the Group Chief Information Officer leads this effort, integrating transformative technology trends to foster innovation across our business sectors.
Our approach is exemplified by joint initiatives, such as UPTIMIZE, our data and AI ecosystem, and the Smartfacturing program, which enhance operational excellence and streamline processes across sectors. UPTIMIZE provides a harmonized data and AI operating model, enabling us to derive actionable insights and scale the company’s machine learning and AI capabilities.
The Smartfacturing program is building a robust infrastructure for scalable AI capabilities by using real-time data from IoT sensors, connected equipment and operational systems. This drives operational efficiency, product quality and an adaptive supply chain, enabling us to effectively meet evolving market demands and regulatory requirements.
Data culture is foundational to our digital transformation. Through data upskilling initiatives and generative AI literacy programs, including our own myGPT Suite, we empower our workforce to use data effectively and securely, ensuring a collaborative approach to innovation and value creation.
* The contents of this chapter or section are voluntary and therefore not audited. However, our auditor has read the text critically.