The benefits of Digital Twins
Smart Factory of the Future Expert view series
Help and advice for business leaders on building a successful smart manufacturing strategy
The benefits of Digital Twins - Expert View
A digital twin is a virtual/digital replica of physical objects such as devices, people, processes, or systems that help businesses to make model-driven decisions.
What are Digital Twins?
A digital twin is a virtual replica of a physical object, process, or system. This digital representation mirrors the real-world component’s status, functionality, and interactions with other devices.
Benefits of Digital Twins
Some of the key benefits of digital twins in Manufacturing include:
- Real-Time Monitoring: Digital twins allow manufacturers to monitor the performance and condition of machinery and equipment in real-time. This helps to predict when maintenance is needed and prevents valuable downtime.
- Simulation and Optimisation: They enable the simulation of different scenarios to optimise production processes like trialing potential changes being made to a production line to test the outcome.
- Enhanced Decision Making: By providing a comprehensive model of the factory floor, digital twins support faster and smarter decision-making. Simulating outcomes from real factory conditions, enabling “what-if” scenarios across production to be analysed.
- Cost Efficiency: Digital twins can also reduce costs by minimising the need for physical prototypes and trials.
- Improved Product Development: Digital twins can speed up the product development process, allowing engineers to interact with and modify products virtually and safely.
Digital twins are transforming manufacturing by increasing efficiency, reducing costs, and enhancing the ability to innovate.
Listen to the Expert View interview to find out more
In the interview, we cover:
- Lower maintenance costs via predictive maintenance
- Improved productivity by up to 10% according to Gartner
- Faster production times – by up to 30% according to IDC
- Companies can even use digital twins to understand the feasibility of upcoming new products.
Watch it below.
Smart Factory of the Future Interview series
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