Wouldn’t it be extraordinary if you could easily simulate plans and alternate scenarios for products and services?
When we craft websites and applications for today’s connected world, it’s important to use tools and technologies that meet the new realities of digital transformation.
One such technology is digital twin technology, also considered one of the most essential industry 4.0 technologies worldwide.
The concept of digital twin technology gives a glimpse of what is happening in your current production and operation line and a prediction of what might happen in the near future.
Earlier, NASA used the precursor to digital twin technology (a pairing tech) to solve the issue of operating, maintaining and repairing systems when you aren’t near them physically. This was precisely how space enterprises determined the ongoing and upcoming challenges. Today, digital twin technology applications at NASA are used extensively to explore the next-gen vehicles and aircraft.
Not only tech giants but modern businesses and enterprises use digital twin technology for various reasons, including enhancing ongoing operations, testing new features and products before launching them, training employees, and running services in a virtual world where it is cost-efficient and less complicated to fix any issue.
Real digital power comes when companies integrate artificial intelligence and machine learning (AI/ML) to analyze the operations model represented by digital twins. With the range of advanced tech solutions in the business landscape, digital twin technology has boosted productivity and efficiency of manufacturing, healthcare, logistics, retail, automotive, aviation, energy, and every possible industry.
In fact, the digital twin market size in the manufacturing and supply chain industry is predicted to reach over 6 billion USD by the year 2025.
This would have made you curious about what exactly is the concept of digital twin technology. This article covers every whereabout of the digital twin technology for business and enterprises and how you can leverage digital twin solutions in your everyday operations. Let’s dig in.
What is Digital Twin technology?
Digital twin technology is a virtual representation of a system or object that spans its lifecycle. The environment created is updated from the real-time data and uses simulation, reasoning, and machine learning to help in decision making.
In simple terms, it is the spectra of creating a highly complex virtual model, which is the exact twin or counterpart of a physical system. The system could be anything from an engine, car to a bridge. However, keep in mind that the digital twin technology is not an object simulation; it is a digital twin that keeps updating when the new data adds up to the object.
Modern day organizations use digital twin applications to accomplish various tasks, such as
- Visualizing products in use in real-time by real users
- Refining assumptions with predictive analytics
- Managing linkage and complexities within systems-of-systems
- Creating a digital thread, connecting disparate systems and promoting traceability
- Troubleshooting far away systems and devices
There are many more industrial uses and applications of digital twin technology that we will discuss in our upcoming sections.
