Digital Twins in Industry Verticals

Digital Twins in Industry Verticals

Digital twining establishes a virtual representation of any physical product, service, and process over cloud deployed software. Digital twinning is emerging as an imperative solution for business covering the entire life cycle of assets or processes, eventually forming the foundation of business in the connected IoT era. It will combine product technician with advanced machine or asset monitoring capabilities along with predictive analytics.

In recent years, we have witnessed substantial growth of connected devices including IoT devices and sensor enabled objects/things bringing a revolution in all aspects of industries, but most notably, within manufacturing. It is projected that there will be more than billions of IoT devices that will be connected including smart machines and types of things/objects as micro-processors and MEMS increasingly are included into virtually everything.

This report provides information about the emerging market for digital twins in industry verticals with an emphasis on manufacturing.