This report on behalf of the NGen's Digital Twin Advisory Board makes an important contribution to our understanding of the potential of deploying cyber-physical systems in manufacturing and what we can do to help realize the future opportunities that may result.
Digital twins – virtual equivalents of real-world systems and objects – are powerful tools that allow manufacturers to design, monitor, simulate, test, and control products and processes in real time. They are revolutionizing every aspect of product life cycle management – from design and product development, to manufacturing, service, operation, maintenance, and disposal. They are providing manufacturers the opportunity to understand, predict, and solve operating problems more rapidly and comprehensively than ever before. And, by integrating both customers and suppliers, digital twins are enabling a far greater degree of customer satisfaction and value chain alignment and efficiency, key requirements for sustaining competitiveness and business growth.
Read the full report here.