Industry 4.0 and the Digital Twin

The digital twin is a near-real-time digital image of a physical object or process that helps optimize business performance. The digital twin can allow firms to have a complete digital footprint of their products from design and development through the end of the product life cycle.

It also has many applications across the life cycle of a product and may answer questions in real time that couldn't be answered before. The question now is where one should start the journey to create a digital twin with lower capital investment and shorter time to value.

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