An Event Graph is a graphical representation of a discrete system for which a static simulation algorithm can work on. It is an intermediary step between system specification and simulation implementation. An Event…
Per The AnyLogic Company, the key elements of a digital twin (DT) are a dynamic simulation model and data that reflect the current state of a live system. DT’s enable experimentation, analysis and communication,…
Industry 4.0 is causing a convergence of manufacturing processes and software in the industrial sector. DigitalTwin Technology GmbH (DT) is a software tool that empowers manufacturers to implement diverse Industry 4.0 business models…
Each year brings new technology trends. Many of these are now changing how we live and work – digital twins, IoT, remote work, crypto and more. So what are the emerging trends for…
Digital twins (DT) are virtual portrayals that act as the real-time digital equivalent of any physical asset or system. Per Emergen Research, the DT market is expected to reach $106 Billion by 2028…
Hospitals are creating digital twins (DT) of patient care units. The DT can help enhance processes, improve patient experience, cut operating cost and increase care quality. Mater Misericordiae University Hospital in Dublin worked…
Per Simio Software, Industry 4.0 systems such as IoT, big data, and AR will help mining companies achieve 10X ROI. Using process digital twin technology will enable a further leap in returns to…
Digital twins (DT), virtual representations of the real world, are going mainstream in all shapes and forms. NVIDIA and Amazon Web Services (AWS) now offer simulation engines that allow businesses to build 3D…
The oil and gas industry is increasingly leveraging digital twins to improve decision-making. Per GlobalData Plc, COVID increased the need to reduce cost and make operations more sustainable with technology. GlobalData highlights projects…