Digital Twin Technology - The Reinvention of Digitization
Traders Magazine | March 13, 2020
The history of creating a replica of physical body dates back to yester years when miniatures were built before the actual development of products or buildings. The process was proven to be quite effective in the management of the development process. This, in turn, facilitated the development of different technologies such as 3D modeling, CAD/CAM, etc. As technology keeps on evolving, the era of digital reinvention has dawned upon us. From miniatures to a digital replica, we have come a long way and still have a long way ahead of us. Digital twin can rightly be named as one of the greatest achievements in our endeavor of digitization. It gives a digital identity to a physical embodiment and helps in the process of assessment, development, performance monitoring, etc. In a precise way, it is designed to increase the effectiveness of the product or process. It has been assessed that large companies are already deploying the technology at a rapid pace. It is further anticipated to witness large-scale adoption over the next couple of years. The product can help these companies in achieving as high as 25% extra effectiveness with the use of digital twin technology. It ensures a connected and creative future of the organization.