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Strategy Briefing
Digital Twin in Industry 4.0: Applications and Benefits of the Future Technology
Nov 2019
US$570Added to Cart
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
About This Report
New Report Guarantee
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
Digital Twin is part of Industry 4.0 and the Internet of Things ecosystem. Digital Twin is a digital replica of every physical asset involved in the manufacturing process. This can include physical machinery and production components, as well as logistics, supply chain management or other processes. Digital Twin platforms run virtual production simulations that help to streamline the production process, detect errors or predict maintenance of critical machinery..
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Overview
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Key Findings
Digital Twin is part of Industry 4.0 and the Internet of Things ecosystem.
Digital Twin is basically a digital replica of every physical asset involved in the manufacturing process. This can include physical machinery and production components, as well as logistics, supply chain management or other processes.
Operation of Digital Twin is based on the cloud platform, which feeds data from sensors installed in the machinery and/or throughout manufacturing process.
Digital Twin platforms run virtual production simulations that help to streamline the production process, detect errors or provide maintenance of critical machinery.
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Request more informationTable of Contents
Digital twin in industry 4.0
What is Digital Twin?
Types of Digital Twin
Applications for Digital Twins
Case study: using Digital Twins to improve reliability of Tesla cars
Case study: improving healthcare services in a Dublin hospital
Production efficiency: USD1.3 trillion in production gains globally
Improved logistics process could cut transportation costs by 10%
Predictive maintenance helps to reduce production downtime
Digital Twins help to eliminate errors in the production process
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Want to find out more about this report?
Request more informationComplete Catalogue
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