As AI capabilities rapidly mature, more and more chemicals and petroleum executives are determining where and how the technology fits within their organizations. Chemicals and petroleum CxOs are highly focused on three priority functional areas: information technology, information security, and innovation. These areas support the intensified focus on revenue growth and the customer as the value drivers for AI investments. AI implementation is not straightforward, however, and many companies are struggling with the transition. Yet, some businesses are achieving AI at scale successfully, and they are disproportionately outperforming financially.