Digital Twin solutions offer significant benefits for businesses, such as:
- Increased efficiency and productivity
- Deliver greater agility and optimize asset performance, enhancing business decisions and increasing efficiency. For example, spot mistakes before they happen in the real world.
- Cost savings
- Save money by modeling ways to reduce waste, save energy, and avoid downtime.
- Improved safety and risk management
- Simulate asset and/or human behavior in different scenarios, in a safe and cost-effective manner that might not be feasible in the real world.
- Better decision making and problem solving
- Study and adjust these virtual models to simulate different scenarios, helping businesses make better decisions by providing insights and new data.
- Predictive maintenance
- Enable businesses to identify and prevent potential equipment problems. Anomalies can be detected earlier or ideally avoided before occurring in real-world assets, reducing downtimes and extending equipment uptimes.