Industry 4.0 is resulting in unprecedented levels of efficiency and productivity. Digital Twins are taking that a step further.
A digital twin has to do with two way interactions between physical and digital. Business Today said, "In the physical world, the real product can be made smarter to actively adjust its real-time behaviour according to the recommendations made by the virtual product or the twin. Whereas in the virtual world, the digital version of the product can be made more realistic to accurately reflect the real-world state of the physical product."
This technology is very interesting and cutting edge! Click the link to learn more.
With a new model being launched on an average every six months or so, a digital twin of the model serves as a test bed, helping manufacturers to design, customise and test every part while running it in a virtual environment, saving crucial time and millions on developing physical prototypes.While IDC's earlier prediction seems to have come true that by 2018, companies who invest in digital twin technology will see a 30% improvement in cycle times of critical processes, it primarily is the adoption rate of this technology that will determine if this can have a cascading effect on industries and the economy in general.Read More