Chemical Industry CIOs Gather for 2nd ChemITC Annual Meeting.Boston Consulting Group Strategist Presents Keynote Address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. WASHINGTON -- The Chemical Information Technology Council (ChemITC)[TM] recently brought chemical industry information technology (IT) executives together for two days of networking and information sharing See data conferencing. at its 2nd Annual Meeting in Washington, D.C. A CHEMSTAR([R]) Panel of the American Chemistry Council The American Chemistry Council (ACC), formerly known as the Chemical Manufacturers' Association, is an industry trade association for American chemical companies. The American Chemistry Council (ACC) is in charge of improving the public image of the chemical industry. (ACC See adaptive cruise control. ), ChemITC is a forum for ACC member companies to address common IT issues and support the industry's ability to safely and efficiently deliver products essential to society. George Stalk, senior vice president and director at The Boston Consulting Group, was the featured keynote speaker during the two-day event. His presentation - Mega Trends: Getting in the Way of Opportunity - shared perspectives on the formation of mega trends and how companies can translate these into business opportunities. "A variety of confirmed mega trends exist today - infinite bandwidth, globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation , urbanization, growth of China/India, security, global warming global warming, the gradual increase of the temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases since the Industrial Revolution. and others. Each of these is the result of a severe imbalance between abundance and constraints," said Stalk. "Tremendous business value and opportunity can be achieved by bringing the abundance and constraints together. Those companies that can move beyond a focus on costs through operational efficiency and embrace mega trends as they are emerging will be well positioned to prosper in today's business environment." Designed for chemical industry chief information officers (CIOs), the 2nd ChemITC Annual Meeting attracted 41 attendees, representing 20 chemical companies and five technology providers. The two-day event enabled CIOs to examine ChemITC progress during its first complete year as a panel organized under the ACC, and determine the priorities ChemITC will focus on in 2007. "Cyber security continues to be an area of emphasis for our companies with risk-based, outcome-focused solutions central to enhancing the overall security programs impacting chemical company operations," said David Kepler, chair of the ChemITC Executive Board and senior vice president of Shared Services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. and Environment, Health and Safety, and Chief Information Officer at The Dow Chemical Company The Dow Chemical Company (NYSE: DOW TYO: 4850 ) is an American multinational corporation headquartered in Midland, Michigan. Overview The Dow Chemical Company is currently the second largest chemical manufacturer in the World (after BASF)[1]. . "The recently passed Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States (DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) ) Appropriations Bill for fiscal year 2007 (H.R. 5441) presents a new playing field for the chemical industry. Strengthening our relationship with DHS will have increasing importance in the months to come." According to Kepler, mobilizing ChemITC's industry networking groups, increasing interactions with SAP through the Chemical Industry SAP Users Group (CISUG) and benchmarking the chemical industry's use of information technology will also remain at the forefront of ChemITC's 2007 plans. About ChemITC A CHEMSTAR Panel of the American Chemistry Council (ACC), the Chemical Information Technology Council is a forum for ACC member companies to address common IT issues and support the industry's ability to safely and efficiently deliver products and services essential to society. Companies involved in the provision of hardware, software and other technology products and services to the chemical industry may participate in ChemITC as an Affiliate member. ChemITC addresses specific IT issues of member interest through its strategic programs - the Chemical Sector Cyber Security Program, Industry Networking Groups, Survey and Benchmarking and Technology User Groups. For more information on ChemITC, visit www.chemitc.com. |
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