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…
The role of digital twins in producing a COVID-19 vaccine
Accelerating drug production Immunization and vaccines prevent 4-5 million deaths every year according to the WHO. Once a vaccine has been discovered and developed, there is huge pressure on pharmaceutical companies to accelerate its mass production. While this brings significant challenges, more rapid responses are now possible thanks to the power of data and advanced computing to help scientists’ model and simulate the…
Industry 4.0: The future of the industry is today!
We all know that Industry 4.0 is the fourth industrial revolution, but what are the main technologies that are changing the manufacturing sector?
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…
The Impact of Digital Twins on Infrastructure Maintenance
The future for infrastructure related industries such as engineering, and construction looks bright according to sources such as “Forum of the Future” and “Global Infrastructure Hub”. Although they are mostly referring to the world population growth and the related urbanization as “engines” for investment in new infrastructure, one aspect should not be neglected and that is the ageing infrastructure in the industrialized nations in Europe or Northern America.…