How the digital twins have helped the manufacturing industry increase profits (Part 1)

According to the report “Preparing for the Impact of Digital Twins” by Gartner – a global industry research and consulting firm, half of all large-scale businesses will reap the rewards and increase their performance by 10% by 2021 if they start to invest in digital twin technology now.

The digital twin is an alternative model of a manufacturing process on a digital platform. They form a bridge between the real and virtual worlds, helping manufacturers optimize processes like debugging, feature testing, simulating unintended scenarios and predictive maintenance. This idea has been around for a while with many different names and it is one of the key goals of the digital transformation.

Where do digital twins start?

University of Michigan professor Michael Grieves first wrote about the digital twins in a 2002 research paper. More than a decade later, factors include continuous link bands, cloud computing technology. , the internet of things, smart devices, etc, has changed and made it possible for companies large and small all over the world to have access to what he researched.

As we overcame the limitations of early technology such as data storage and bandwidth costs, the number of digital twins rapidly increases, allowing users to grasp the cycle of any process, product or service and establish a basis for other services connected in the system.

How do digital twins work?

Digital twins can reduce the risk of launching a new product or help you determine efficiency in existing processes. It helps you to generate a series of tests in a digital environment. Companies created digital twins to remove many factors that could actually influence the parameters based on existing information. And all of these features are achieved on the basis of today’s modern digital platforms.

Simply put, the digital twin is a highly customizable but tightly controlled environment (Sandbox). It allows you to check the list of production scenario hypotheses and come up with that need to be addressed before starting real production. From a concept to sandboxes constructed for children to play, sandboxing has become a software industry term for a computer environment that allows isolating certain software or computer programs. for individual test run, monitoring and evaluation.

Accordingly, we can see that manufacturers can benefit greatly from setting up different scenarios for different orders and significantly saves research and testing costs as well as reduces the failure rate of products.

(To be continued)

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