SAN ANTONIO, January 20, 2017. /PRNewswire/ -- January 15, 2024 /PRNewswire/ -- Frost & Sullivan assessed the digital transformation in the paints and coatings industry, and based on its findings, has awarded AkzoNobel with the Global Company of the Year Award for 2023.. The AkzoNobel Group is one of the world's leading manufacturers of paints and coatings. It constantly evaluates ways to improve operations by using more advanced and futuristic digital technologies as part of its continuous improvement program. In order to streamline the process of research, manufacturing, and delivering seamless and personalized digital customer experiences, AkzoNobel collaborates with some of the most notable companies in the world, including Microsoft. In addition, it was the first company in the industry to use drones to automate the coating process. With the installation of the new, fully automated powder coatings plant in Taiwan, AkzoNobel will be able to reduce the company's energy consumption by about 30%, increase the amount of water reused by 60%, and provide tailored solutions for its large customer base in Taiwan.
With the installation of the new, fully automated powder coatings plant in Taiwan, AkzoNobel will be able to reduce the company's energy consumption by about 30%, increase the amount of water reused by 60%, and provide tailored solutions for its large customer base in Taiwan.
As a result of two augmented reality (AR) glasses that AkzoNobel developed, the company's team in Singapore was able to oversee operations in Vietnam in real-time and overcome challenges its employees faced due to travel bans during peak lockdowns during the COVID-19 pandemic.. By integrating AR throughout its supply chain, AkzoNobel is now able to circumvent the major challenges posed by global disruptions to its supply chain.. It also makes use of virtual reality (VR) technology for training purposes in its aerospace coatings and vehicle refinishing businesses. In order to train trainees for its aerospace business, VR simulates the production environment at a customer's facility and immerses them in a virtual paint booth that simulates the production environment. In the paints and coatings industry, AkzoNobel is the only company that has implemented AR/VR technology to this extent in its operations and training programs
In the paints and coatings industry, AkzoNobel is the only company that has implemented AR/VR technology to this extent in its operations and training programs
As a result of AkzoNobel's two augmented reality (AR) glasses, a team in Singapore was able to monitor operations in Vietnam in real time, overcoming challenges the staff was facing because of travel bans imposed during peak lockdowns during the COVID-19 pandemic.. By integrating AR throughout its supply chain, AkzoNobel is now able to circumvent the major barriers posed by disruptions in global supply chains, enabling it to remain at the forefront of innovation. As part of the company's training programs for its aerospace coatings and vehicle refinishing businesses, it also uses virtual reality (VR) technology. Using VR in the aerospace business, the company simulates the production environment in a customer's facility in order to immerse trainees in a virtual paint booth environment. The only paint and coatings company in the world that has implemented AR/VR technologies to this extent in operations and training is AkzoNobel
The only paint and coatings company in the world that has implemented AR/VR technologies to this extent in operations and training is AkzoNobel
According to Christineena Thomas, global program manager, Chemicals, Materials, and Nutrition at Frost & Sullivan, "AkzoNobel has established itself as a trusted brand among customers as a result of its large network of facilities, which encompasses R&D, operations, sales, marketing, and distribution centers, as well as plants and centers for R&D. It is the first company in the industry to make substantial investments toward digitally transforming the entire organization."
As a result of its close relationship with its customers, AkzoNobel is uniquely positioned to grow its digital capabilities across a variety of touchpoints, including websites, apps, and eCommerce channels, faster than any of its competitors. In order to ensure adoption and effective activation of the software at the customer end, the company takes a holistic approach and invests heavily in its employees' training and upskilling. As a result of this approach, the company has been able to stand much ahead of its competitors in this sector, which has led to tremendous success for the company. This is AkzoNobel's global collaborative innovation ecosystem, Paint the Future. We are participating in a bold initiative that aims to accelerate, test, launch, and scale ideas and solutions for the paints and coatings industry. In order to accelerate innovation, Paint the Future runs a wide range of programs. At the beginning, it was open to startups, but soon expanded to embrace customers, suppliers, and other players in the value chain as well. As well as offering its paints and coatings customers digitally enabled products, AkzoNobel is also a pioneer in the paints and coatings industry as well
As well as offering its paints and coatings customers digitally enabled products, AkzoNobel is also a pioneer in the paints and coatings industry as well
There is no doubt that AkzoNobel's paints and coatings products delight and satisfy their customers before, during, and even after their purchase. As part of its digitalization, the company has also expanded its capabilities to automate the manufacturing process and application of paints and coatings. It is through such initiatives and products that AkzoNobel consistently acquires, serves, and delights its global customer base," explained Thomas.. As a result of its strong overall performance, AkzoNobel N.V.. Awarded Frost & Sullivan's Global Company of the Year Award in the paints and coatings industry for the year 2023
Awarded Frost & Sullivan's Global Company of the Year Award in the paints and coatings industry for the year 2023
As part of Frost & Sullivan's annual Company of the Year award, the organization that has demonstrated excellence in the field of growth strategy and implementation is recognized. This award recognizes a company that has demonstrated exceptional innovation in terms of products and technologies, as well as the results of this innovation in terms of customer value and market penetration.
The Frost & Sullivan Best Practices awards recognize companies that have demonstrated outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development in a variety of regional and global markets. It is the goal of industry analysts to identify best practices in an industry by conducting in-depth interviews, analyzing data, and conducting extensive secondary research in order to compare market participants and measure performance.
Founded in 1962, Frost & Sullivan has played a significant role in helping investors, corporations, and governments navigate economic changes for over six decades. In addition to identifying disruptive technologies, Mega Trends, new business models, and companies to action, the company also helps investors, corporate leaders, and governments to drive future success by creating a continuous flow of growth opportunities. Start the conversation by contacting us.
Contact: Tarini SinghPhone: +91-9953764546Email: [email protected]
A brief overview of AkzoNobel
A key part of what we do is to supply our customers, communities - and the environment as a whole - with the sustainable and innovative paints and coatings they are increasingly relying on. In addition to our portfolio of world-class brands, including Dulux, International, Sikkens and Interpon, we have a strong international presence that is trusted by customers all over the world. With operations in more than 150 countries, we have set our sights on becoming the global leader in this industry in the years to come. In other words, it is exactly what you would expect from a pioneering paints company that is committed to science-based targets, and that takes genuine action to address global relevant challenges, in order to protect future generations by addressing these issues in a scientific way
In other words, it is exactly what you would expect from a pioneering paints company that is committed to science-based targets, and that takes genuine action to address global relevant challenges, in order to protect future generations by addressing these issues in a scientific way
Frost & Sullivan is the source for this information
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