Nowadays, there is a real need to promote innovation for a business to be successful and lasting. Thus, different technologies have been created and adopted to design companies for the future. Among them, we have the Digital Twin.
Although it is still something new, the advantages brought to the companies that apply this model have already been noticed. One of the key benefits of this technology is the ability to anticipate possible mistakes and help in decision-making, thereby reducing costs.
In this post, we’ll explain what Digital Twin is, what technologies are involved, and how it can contribute to making the processes more productive in your company:
What is Digital Twin?
Can you imagine a virtual version of a physical product? Even more, a virtual product that can help you make big decisions, including one that can predict future risks, even before they happen?
Well, Digital Twin offers all this, that is, it is a very promising, advantageous digital solution capable of improving the creation, testing and correction processes in the completion and launch of new products.
This technology acts as a bridge between the virtual and the physical. In other words, it is an online mirror or elaborate copy of a developed physical product, in order to help designers in making decisions when launching a new product on the market.
What technologies are involved?
Digital Twin emerges as a solution capable of changing many companies reality around the world, by simulating actual procedures and collaborating with business by testing beta model previews and changing production lines prior to their official releases.
Thus, several technologies need to be developed in order to play essential roles for the entire simulation and testing process success. We list below the main involved, which are already known terms of the IT sector and the digital world:
Internet of Things, or just IoT;
Simulation Software;
Machine Learning;
Cloud Computing;
Big data;
Analytics.
With all these technologies, this innovative solution expands knowledge and allows effective responses development to specific situations.
How does Digital Twin contribute to the corporate world?
The challenges only increase in the face of a more and more dynamic marketplace where technology is evolving rapidly. The good news is that Digital Twin appeared to improve some aspects of this scenario.
We can start by mentioning, as a highly advantageous benefit for businesses, that this digital solution provides the most effective decision-making assurance. How can Digital Twin accomplish this? Combining leading-edge technologies with the use of business data to obtain relevant information about present and future situations.
Check out other advantages that really help a company when acquiring this solution:
Decreased production time
Collected data can be tested and analyzed immediately. So, the entire process of creating, testing a product and analyzing its return is done in a digital environment, all faster and more securely.
Cost reduction
Because these processes are simulated in digital tools and virtual environments, there is a decrease in overall cost with the manufacturing process, which typically requires high investment costs.
Increased adaptive capacity
As the tests are not performed isolated from the market and company reality due to the real business data, there is a very real ability to adapt.
Improved earnings predictability
It is possible to discover beforehand, in a very assertive way, if the investments made will be profitable, by the simple possibility of digitizing the product development.
Risk management and error correction
By capturing the company’s real information and data, it is possible to predict errors or imperfections, correct them, and even use that information to enhance future product development.
Waste reduction
By using the company’s data, it is possible to estimate the number of products manufactured or launched at a certain time and avoid producing more than necessary.
In order to achieve positive and effective results, it is necessary, first, gather the right equipment and a well-trained staff!
Did you like today’s content about Digital Twin? If so, don’t miss our article about RFID’s importance as a security tool.
