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Wednesday, September 29, 2021

Why do Digital Twins Matter?

Am a  long term practitioner in simulation systems,  now looking to understand how Digital Twins fit into the mix and can be better linked to broader context.    Here is another piece by Ajit Jaokar

#Artificial Intelligence #23 - Why digital twins matter,   By  Ajit Jaokar

Course Director: Artificial Intelligence: Cloud and Edge Implementations - University of Oxford

Welcome to #Artificial Intelligence #23

As we come into October, I spend some time thinking of these complex areas we are teaching at the #universityofoxford

Here, is one .. Why do Digital Twins matter?

When we designed he course Digital Twins: Enhancing Model-based Design with AR, VR and MR (Online), I first became interested in the idea of the digital twin when I could see it as a way to combine IoT and AI. We then extended the idea of digital twins to Model based design (by combining elements like VR to Digital twins) and to additive manufacturing as a domain (by combining elements like 3D printing and design to digital twins)

The idea of the digital twin is still nascent but is getting a lot of traction

Up to 89% of all IoT Platforms will contain some form of digital twinning capability by 2025. –Researchandmarkets.com

As a result of COVID-19, 31% of respondents use digital twins to improve employee or customer safety, such as the use of remote asset monitoring to reduce the frequency of in-person monitoring. –Gartner

The global digital twin market size was valued at USD 3.1 billion in 2020 and is projected to reach USD 48.2 billion by 2026.–MarketsandMarkets

 But more importantly, digital twins are significant because they tie directly to real business problems  ... /

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