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The Power of Digital Twins Transforming Industries Through Virtual Duplication

The Power of Digital Twins Transforming Industries Through Virtual Duplication
Author: Sam Adams
Publisher: Independently Published
Total Pages: 0
Release: 2023-04-06
Genre:
ISBN:

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The Power of Digital Twins Transforming Industries through Virtual Duplication Discover how digital twins are revolutionizing industries across the board. This book provides an in-depth look at the history, implementation, and benefits of digital twins in manufacturing, healthcare, aerospace and defense, and smart cities. With case studies highlighting successful digital twin applications and emerging trends, readers will gain valuable insights into how these virtual replicas are changing the way industries operate. From improving efficiency to reducing costs and enhancing safety, digital twins have the power to transform industries and keep businesses competitive in the 21st century. Bullet Points: Detailed explanation of digital twin technology and how it works Case studies of successful digital twin implementations in various industries Analysis of the benefits of using digital twins, including improved efficiency, cost reduction, and enhanced safety Overview of emerging trends in digital twin technology Discussion of potential new industries for digital twin applications Examination of challenges to wider adoption and ethical considerations Call to action for industries to embrace digital twins and stay competitive Digital Twins are computer-generated replicas of physical objects that can be managed and monitored through software. Their popularity is increasing due to their diverse range of applications in various industries such as manufacturing, construction, and supply chain management.


From Virtual To Reality

From Virtual To Reality
Author: Ozii Whyte
Publisher: Independently Published
Total Pages: 0
Release: 2023-03-11
Genre:
ISBN:

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Are you ready to unlock the potential of the future? Imagine being able to predict and prevent system failures, optimize design parameters, and improve customer experiences all in real-time. Digital twin technology is the key to making this future a reality. By creating virtual replicas of physical objects and systems, digital twins are revolutionizing industries across the board. From aerospace to healthcare, digital twins are changing the game by providing real-time insights and predictive analytics. If you want to stay ahead of the curve and learn more about this groundbreaking technology, look no further than this book. Our comprehensive guide takes you on a journey through the world of digital twins, providing a thorough understanding of the technology and its applications. We explore the benefits of digital twins in various industries, including manufacturing, healthcare, and transportation. Whether you're a business leader, engineer, or simply curious about the future of technology, this book is for you. With practical examples and real-world case studies, you'll be able to see the power of digital twins in action. Get your copy today and start exploring the limitless potential of this transformative technology.


The Digital Twin

The Digital Twin
Author: Noel Crespi
Publisher: Springer Nature
Total Pages: 1226
Release: 2023-06-02
Genre: Technology & Engineering
ISBN: 3031213432

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The Digital Twin book is about harnessing the power of technology, business practices, and the digital infrastructure to make revolutionary improvements for the benefit of society. Ninety experts from around the world contributed to summarize four decades of digital advances and successes, and to define the Digital Twin’s potential for the decades ahead. The book describes how Digital Twins will play a key role in specific applications and across important sectors of the global economy, making it a must-read for executives, policymakers, technical leaders, researchers, and students alike. The book consists of thirty-eight chapters that cover Digital Twin concepts, supporting technologies, practices, and specific implementation strategies for various production and service sectors. Digital Twins are about creating faster, less expensive, and error-free manufacturing, products, processes, and services. This includes engineering of systems for energy, communications, construction, transportation, and food processing. It also covers solutions for making human existence better and more enjoyable through the life sciences, smart cities, and artistic creations. The Digital Twin’s functionality addresses the entire lifecycle of products and services. Importantly, the book describes the journey required for businesses and public organizations to embrace Digital Twins as part of their tool kit. The Digital Twin is the ideal starting point for teaching and research in all application domains.


Artificial Intelligence-Augmented Digital Twins

Artificial Intelligence-Augmented Digital Twins
Author: Abdalmuttaleb M. A. Musleh Al-Sartawi
Publisher: Springer Nature
Total Pages: 673
Release: 2024-01-19
Genre: Technology & Engineering
ISBN: 3031434900

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Presently, we stand on the threshold of a technological revolution that will drastically change the way we live, work, and communicate with each other. By the current rate, scope, and complexity, this transformation will be as fundamental for society as any other technological paradigm change from the past. The industries which are more susceptible to change are technologically oriented industries including banking, finance, accounting, and auditing. One of the technological concepts of the technological revolution is the concept of the digital twin. The application of digital twins and AI as paired with Internet of Things technologies makes it possible to solve ESG problems on a completely different level (Li, 2019) for accounting firms and financial institutions. These include recycling on demand, rational energy consumption, smart surveillance cameras for crime tracking, and smart branch parking solutions, monitoring the wear and tear and conditions of financial technology infrastructures. Moreover, numerous researchers and practitioners emphasize the significance of innovating sustainable business models and operations (Geissdoerfer et al., 2018). The digital twin will allow businesses and financial institutions to minimize costs, boost customer service, and find new ways to generate revenue. DTW is accessible now more than ever, and many reputable and innovative companies such as Tesla, Ericsson, and Siemens have adopted it with varying success. Therefore, this book examines the opportunities, challenges, and risks of artificial intelligence-augmented digital twins for financial operations, innovation, and sustainable development. It focuses on AI and digital twin technologies to furnish solutions for the current industrial revolution including the Metaverse. Henceforth, this book aims to encourage authors to submit multi-disciplinary chapters indicating the current scholarly challenges about the applications and potential of artificial intelligence and digital twins in accounting, finance, and banking.


Digital Twin Technology and AI Implementations in Future-Focused Businesses

Digital Twin Technology and AI Implementations in Future-Focused Businesses
Author: Ponnusamy, Sivaram
Publisher: IGI Global
Total Pages: 360
Release: 2024-01-04
Genre: Computers
ISBN:

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In the modern and data-driven business landscape, organizations face an increasingly complex challenge: how to harness the power of Artificial Intelligence (AI) and digital twin technology to stay competitive and relevant. This challenge is exacerbated by the rapid evolution of these technologies and the urgent need for businesses to adapt. AI continues to advance in areas such as language comprehension, pattern recognition, decision-making, and experiential learning, while digital twins are transforming into electronic replicas of real-world entities. Consequently, businesses grapple with the complexities of navigating this transformative convergence. Digital Twin Technology and AI Implementations in Future-Focused Businesses addresses the pressing issue of how AI and digital twin technology are altering the very fabric of business operations. It delves into the profound implications for productivity, creativity, and decision-making in organizations across diverse industries. Staying ahead of the technical curve is crucial, and this book equips readers with the knowledge and insights needed to thrive in this evolving business landscape.


Building Industrial Digital Twins

Building Industrial Digital Twins
Author: Shyam Varan Nath
Publisher: Packt Publishing Ltd
Total Pages: 286
Release: 2021-11-02
Genre: Computers
ISBN: 1839214511

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Build your first digital twin MVP and gain first-hand experience of using the technology, the challenges it presents, and its impact on your organization Key FeaturesCreate a digital twin prototype using Microsoft Azure Digital TwinExplore the digital twin approach to the design, operations, and maintenance of industrial assets and productsUnderstand key characteristics and components of a digital twin through practical use cases and business scenariosBook Description Digital twin technology enables organizations to create digital representations of physical entities such as assets, systems, and processes throughout their life cycle. It improves asset performance, utilization, and safe operations and reduces manufacturing, operational, and maintenance costs. The book begins by introducing you to the concept of digital twins and sets you on a path to develop a digital twin strategy to positively influence business outcomes in your organization. You'll understand how digital twins relate to physical assets, processes, and technology and learn about the prerequisite conditions for the right platform, scale, and use case of your digital twins. You'll then get hands-on with Microsoft's Azure Digital Twins platform for your digital twin development and deployment. The book equips you with the knowledge to evaluate enterprise and specialty platforms, including the cloud and industrial IoT required to set up your digital twin prototype. Once you've built your prototype, you'll be able to test and validate it relative to the intended purpose of the twin through pilot deployment, full deployment, and value tracking techniques. By the end of this book, you'll have developed the skills to build and deploy your digital twin prototype, or minimum viable twin, to demonstrate, assess, and monitor your asset at specific stages in the asset life cycle. What you will learnIdentify key criteria for the applicability of digital twins in your organizationExplore the RACI matrix and rapid experimentation for choosing the right tech stack for your digital twin systemEvaluate public cloud, industrial IoT, and enterprise platforms to set up your prototypeDevelop a digital twin prototype and validate it using a unit test, integration test, and functional testPerform an RoI analysis of your digital twin to determine its economic viability for the businessDiscover techniques to improve your digital twin for future enhancementsWho this book is for The digital twin book is for mid-career subject experts, including engineers and operations managers, building their first prototype (MVP) using digital twin technology. The book will help professionals responsible for mechanical, process, and reliability engineering domains. You don't have to be a developer or programmer, but beginner-level programming skills will be helpful.


Digital Twins for Digital Transformation: Innovation in Industry

Digital Twins for Digital Transformation: Innovation in Industry
Author: Aboul Ella Hassanien
Publisher: Springer Nature
Total Pages: 206
Release: 2022-04-21
Genre: Technology & Engineering
ISBN: 3030968022

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This book aims to present dominant applications and use cases of the fast-evolving DT and determines vital Industry 4.0 technologies for building DT that can provide solutions for fighting local and globalmedical emergencies during pandemics. Moreover, it discusses a new framework integrating DT and blockchain technology to provide a more efficient and effective preventive conservation in different applications.


Digital Transformation in Industry

Digital Transformation in Industry
Author: Vikas Kumar
Publisher: Springer Nature
Total Pages: 488
Release: 2022-04-21
Genre: Business & Economics
ISBN: 3030946177

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This book offers a selection of the best papers presented at the annual international scientific conference “Digital Transformation in Industry: Trends, Management, Strategies (DTI2021),” held by the Institute of Economics, Ural Branch of the Russian Academy of Sciences, in Ekaterinburg (Russia) on October 29, 2021. The book focuses on the idea of introduction mechanisms for digitization processes and on highlighting successful digital transformation strategies in all sectors of industry. Key topics include the development of a cyber-physical production system for Industry 4.0; digital design technologies for enhancing the competitiveness of products and companies; digital twin-driven product manufacturing and services; and the effects of the industrial digital transformation on society and the environment. With regard to implementing IT and other technological innovations, lessons learned in developed and developing economies, as well as small and large enterprises, are included. Given its scope, the book offers a valuable asset for researchers and managers of industrial organizations alike.


Digital Twin Driven Smart Design

Digital Twin Driven Smart Design
Author: Fei Tao
Publisher: Academic Press
Total Pages: 358
Release: 2020-05-22
Genre: Technology & Engineering
ISBN: 0128189185

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Digital Twin Driven Smart Design draws on the latest industry practice and research to establish a basis for the implementation of digital twin technology in product design. Coverage of relevant design theory and methodology is followed by detailed discussions of key enabling technologies that are supported by cutting-edge case studies of implementation. This groundbreaking book explores how digital twin technology can bring improvements to different kinds of product design process, including functional, lean and green. Drawing on the work of researchers at the forefront of this technology, this book is the ideal guide for anyone interested in digital manufacturing or computer-aided design. Provides detailed case studies that explore key applications of digital twin technology in design practice Introduces the concept of using digital twins to create the virtual commissioning of design projects Presents a framework to help engineers incorporate digital twins into their product design process