By 2020, IDC predicts that 30% of G2000 Companies will have implemented advanced digital twins of their operational processes.
- Accelerate product development
- Reduce defects
- Troubleshoot equipment
- Increase uptime
- Decrease manufacturing costs
Digital twins are being used to manage the performance, effectiveness, and quality of a manufacturer's fixed assets such as manufacturing machines, lines, and plants. When advanced visualization, IoT, and analytics are applied to these assets, manufacturers can take a more strategic and holistic approach to asset management. Digital twins represent an enormous opportunity for manufacturers, including engineering, design customization, production, and operations.
Manufacturing is becoming increasingly digital and digital twins can be applied during the engineering, design, production and operations phases of a product lifecycle to improve products and predict or detect problems.
Digital Twin Consortium focuses on the applicability of digital twin to the manufacturing process in various industries.
Digital Twin Consortium activities and opportunities to get involved include:
- Determine applicability of digital twins to different stages of the product lifecycle
- Explore commonality and differences between different types of manufacturing, as well as discrete vs. process
- Identify the need for digital twin manufacturing interoperability
- Look at the interaction required between physical and digital manufacturing components and digital feedback loops
- Explore manufacturing use cases such as product, smart factory and supply chain
- Explore simulation scenarios including separating a digital twin from its physical corresponding device, establishing a simulated environment in which the digital twin can interact and to simulate interactions with the twin
- Define semantics required to describe a manufacturing digital twin
- Identify standards gaps and requirements
- Identify opportunities for testbed activities