Digital Twins: What to expect and look out for?

Digital Twins What to expect and look out for

A virtual representation, simulation, or mapping of a real entity, such as a process, person, item, system, or any other abstraction, is known as a Digital Twin. While the concept is not new, IoT proliferation, hyper-automation, and real-time data flow are increasing digital twin technology’s significance. Digital twins are a new type of business software that leverages the Internet of Things (IoT) to track, analyze, and manage business operations.

There are several varieties of digital twins that are ideal for the jobs that must be completed during the manufacturing process. 

With rudimentary filtering, a status twin can provide real-time monitoring and visualization possibilities. The users are left to interpret the outcomes in this case. Basic analytics can be used by an operational twin to conditionally monitor a process. It can make suggestions and do automatic actions. Organizations can use predictive twins to anticipate the quality of output or even an equipment breakdown. Thus, this so-called sort of twin can help you optimize your maintenance cycles and strike a balance between corrective and preventative maintenance. A simulation twin may simulate several scenarios and preview various sorts of outcomes by replicating a system’s various operations.

Undoubtedly, digital twins are here for good. However, what has the business world already exploited from them?

Digital twins provide a real-time view of what’s going on with physical assets, which can significantly reduce maintenance costs. Companies utilize digital twin technology for a variety of reasons, including improving existing operations, training staff, and testing new goods or procedures before releasing them into the real world, where fixing any flaws becomes more expensive and harder.

Firstly, a striking benefit of digital twins is the possibility of a test before manufacturing. Before investing in the construction or deployment of systems, equipment concepts, or service models, companies can employ digital twins to design and test them. If a model proves to be successful, it may be connected to the physical construct for real-time monitoring.

Moreover, using digital twins to monitor everyday operations and simplify manufacturing lowers excessive wear and tear on machinery while also alerting business managers to possible cost-cutting opportunities. Improved total productivity and efficiency help organizations to maintain a competitive edge through faster maintenance and repair.

Lastly, customer-facing applications, such as remote troubleshooting, are also available with digital twins. Instead of depending on default procedures, personnel may do diagnostic testing from anywhere and take consumers through the appropriate processes for repair by using virtual models. The data acquired during these sessions is extremely useful for future product planning and development.

Despite the advantages, there are also drawbacks to using digital twins. 

For everyone engaged, the technology provides a new range of applications. As a result, there are no industry-ready products available for deployment off the shelf. However, each sector needs customized digital twin solutions that are tailored to their specific demands. As a result, a slew of digital twin companies is offering packaged offers alongside their headline goods and services to meet those demands.

Here comes the infrastructural problem. The infrastructure required to deploy the digital twin concept is not available to all businesses. Many firms have yet to be exposed to the technology because it is still relatively new. Real-time data may be used to uncover the true value of digital twins. This means that this technology is largely reliant on Internet of Things (IoT) devices and a system of networked equipment, objects, or people with unique IDs and a continuous data flow between them. It is difficult to apply this technology in firms that have not developed this infrastructure.

Therefore, the faster a new form of technology spreads, the less attention it receives in terms of security. The gathering and use of huge data volumes come from a variety of endpoints. Any of them may be a source of failure. Every time a new connection is established, and more data is sent between devices and the cloud, the danger of a security breach grows. As a result, companies contemplating digital twin technology should always be cautious. Furthermore, they should not proceed without first analyzing and upgrading their present security policies.

Conclusion

The implementation of digital twins usually is a crossroad of data science and business process management. Before commencing on this digital twin adoption journey, an organization should analyze its data maturity and process measurement capabilities. A business should assess its needs to adopt the proper type of digital twin and harvest the benefits of its implementation. Nevertheless, Digital twin deployment might cost a lot of money depending on how complicated the project is. Furthermore, adopting digital twins technology on one process usually impacts other processes, meaning that it needs extensive planning and collaboration. Therefore, companies should look out for the challenges that come along this automation journey.

Contact us if you want to learn more about digital twins or look at our full portfolio of services!

Have a Question?

We’re here to help you achieve your business goals with our innovative Data Management and AI solutions.

Contact us for an introduction on how we can assist your business with AI Solutions.

Lets meet!