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 and optimize every aspect of the product lifecycle.
Simio highlights 5 ways manufacturers can leverage DT technology to improve revenue generation: (1) Condition-based monitoring (2) Remote monitoring (3) Optimized real-time scheduling (4) Optimized capacity planning and (5) Evaluating operational bottlenecks. According to McKinsey, the DT can improve efficiency by 20-25%.
MOSIMTEC knows all about Industry 4.0 and digital twins in manufacturing. We leverage DT in our projects every single day to help manufacturers and others explore different business models to enhance performance. Explore options virtually for plant layouts, production lines, robot usage and more in immersive, data-driven 3D simulations. Simulate performance hundreds of times for multiple scenarios to see what works, what doesn’t and what changes drive best results. Harness data, analytics and leading edge technology to drive improvement, stay ahead of competitors and avoid real-world missteps. MOSIMTEC can help you future-proof your manufacturing business.
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Read More: https://www.ibm.com/topics/what-is-a-digital-twin