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DowDuPont Inc. | Data-Driven Analysis and Industry Review
Published: August 21, 2024DowDuPont Inc. is a leading global science company, formed by the merger of Dow Chemical and DuPont in 2017. This new entity combines the strengths of both organizations in agriculture, materials science, and specialty products to create a more competitive and innovative company. With a diverse portfolio of advanced materials, industrial intermediates, and agricultural sciences, DowDuPont is committed to delivering sustainable solutions for customers in key markets and industries around the world. The company's mission is to apply science and technology to solve challenges that matter, making a positive impact on people's lives and the world. DowDuPont is headquartered in Wilmington, Delaware, and is currently in the process of separating into three independent, publicly-traded companies: Dow Inc., DuPont de Nemours, and Corteva Agriscience.'
1. Diversified Portfolio: DowDuPont is a leading innovator, manufacturer and distributor of a broad range of scientific solutions and technologies, with a presence in over 200 countries and territories. Its three main business units - Agriculture, Material Science, and Specialty Products - cater to various industries such as agriculture, packaging, electronics, and transportation.
2. Global Footprint: With operations in over 170 sites in 36 countries, DowDuPont has a significant global presence. Its extensive network enables the company to serve customers locally while leveraging its global scale for cost savings and operational efficiencies.
3. Research and Development: DowDuPont invests heavily in research and development, with an annual R&D spend of approximately $2.5 billion. The company's focus on innovation has led to the development of numerous industry-leading products and technologies, including the world's first bio-based plastics and the most advanced corn hybrids.
4. Sustainability: DowDuPont is committed to sustainable business practices and has set ambitious sustainability targets for itself. The company aims to reduce its greenhouse gas emissions by 20% by 2030 and has also pledged to use 100% renewable energy in its operations by 2025.
5. Strategic Partnerships: DowDuPont has a history of forming strategic partnerships to expand its reach and enhance its capabilities. For instance, it has collaborated with Microsoft to develop a digital agriculture platform, and with Tesla to produce advanced battery materials. These partnerships enable the company to stay at the forefront of technological innovation and meet the evolving needs of its customers.
1. DowDuPont's Business Intelligence (BI) function leverages data analytics and insights to optimize business performance and drive strategic decision-making across the enterprise.
2. The company utilizes advanced BI tools and techniques, such as predictive analytics, data mining, and machine learning, to uncover hidden patterns and trends in large datasets.
3. DowDuPont's BI team collaborates closely with various business units and functions to provide actionable insights that improve operational efficiency, enhance customer experience, and support growth initiatives.
4. The company's BI capabilities are integrated with its enterprise resource planning (ERP) and other core systems, enabling real-time data access and analysis.
5. DowDuPont's BI strategy is focused on delivering value through a combination of self-service analytics for business users and centralized reporting and analysis for executive leadership.
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