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Simulation and AI/ML riding the digital twin wave

Most organizations across industries have been on overdrive to push digital transformation targeting savings, increasing revenue, or improving quality and reliability. A few common industry challenges such as: • “Help me predict failure of my plant asset. How do we plan scheduled maintenance optimizing operation, logistics and inventory cost? (OPEX)” • “How can we maximize performance/throughput from our assets?” • “How can I send personalize insight and proactive…

Realizing “Blue Ocean Strategy” through Digital Twin

Sandeep Bhan Digital Twin Program Mgr. / Global B&PS CTO Industry 4.0Murli Mohan Srinivas Digital Twin Lead / Head Industry 4.0 - Germany and member of the Scientific CommunityPosted on: February 10, 2020 The fourth industry revolution (Industry 4.0) is set bring sweeping technological changes in the IT landscape in the manufacturing industry. However, most businesses do not recognize that these changes due to digitization are an effective instrument…