EV Manufacturers Double Up on Digital Twins
Digital twins offer a comprehensive framework for enhancing the design, efficiency, and production of electric vehicles.
Digital twins offer a comprehensive framework for enhancing the design, efficiency, and production of electric vehicles.
The lack of standards in data generation and sharing hinders the interoperability of data required for digital twins. That and other factors make a cross-agency digital twin strategy all the more important.
Digital twins are helping to address and provide transparency into matters keeping manufacturing leaders awake at night, such as forecasting abilities, material and labor constraints caused by rising costs, and talent gaps.
Using IoT and digital twins in supply chains can deliver increased efficiency, reduced costs, and improved customer satisfaction.
Financial services organizations are using digital twins and machine learning algorithms to identify behavioral characteristics including individual preferences, risk tolerance, and financial goals.
Manufacturers are looking into digital twins as a way to reduce the costs of commissions and improve client relations.
A new project seeks to amplify the benefits of digital twins by giving users the ability to roam around via augmented reality.
Virtual commissioning saves time and money, and it avoids interruptions of existing work cells, production lines, and plants.
The use of digital twins is on the rise to optimize performance and quality control while delivering greater productivity and cost savings.
A critical aspect of using digital twins is that they can complement traditional forecasting and prescriptive tools by incorporating real-time monitoring and simulations.