Many companies are building digital twins as a means to plan for complex change. According to research from Semmtech, however, a digital twin is only as good as the data fundament it is built upon.
Digital twins are virtual replicas of physical assets and systems, helping to model, simulate, monitor, analyze, and constantly optimize the physical world. As external environments, customer preferences and regulations evolve, digital twins can help firms build predictive models that can fast-track the development of changes that meet these demands. On the back of technological advances, the use of digital twins has become increasingly popular across all corners of the industry – from engineering and construction to town planning and even in the aerospace and defense sectors. Source: Consultancy.eu
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