With significant
advancements in machine learning technology and big data, virtual models have
become a staple in modern engineering to drive innovation and enhance
performance. Optimizing IoT, Artificial Intelligence, and data analytics, the
virtual replicas of physical devices are created by data scientists and IT
personnel before building and deploying actual devices to help predict their future
with advanced analytical, monitoring, and predictive capabilities, test
processes and services. The digital representation of physical objects is
popularly known as Digital Twins as it takes the real-data world as inputs for
making output predications or simulations of how the physical object or system
would work or get affects based on those inputs. In a way, digital twin offers
engineers a glimpse of what is happening or what can happen, with physical
assets to meet the new realities of software-driven products fuelled by digital
disruption. In simple language, digital twin refers to a highly complex virtual
model that is the exact counterpart of a physical thing, which could be a car,
tunnel, bridge or even a jet engine. Thanks to rapidly evolving simulation,
better interoperability and IoT sensors, enhanced computing infrastructure, and
more availability of tools, which is helping digital twins trend to gain a
momentum.
How does digital twin integrate with the
physical product?
The developers
of digital twins determine the physics that underlie the physical product or
system and utilize that data to develop virtual copy of the assets. The digital
twin receives input from sensors gathering data from the physical
product/system to simulate the physical object in real time, offering insights
into performance and potential problems. The digital twin can be constructed
based on a prototype of its real-world counterpart before any physical version
is built. The digital twin can be simple or complicated based on the amount of
data used up for building and updating it and the type of physical object. Digital
twin technology incorporates the intricate process of virtual performance of
elements and dynamics of the connected devices throughout its lifecycle.
Demonstrating the ability to integrate the components into a single unit of
operational-oriented design, digital twins ensure the superb quality of any
product.
Digital twin
applications
Product Prototyping
Digital twin capabilities can streamline the design process and
eliminate many aspects of prototype testing using 3D simulations and
human-computer interfaces such as augmented and virtual reality. The digital
tool helps engineers identify potential manufacturability, quality, and durable
issues even before finalizing the designs, thus it accelerates traditional
prototyping, moving products into production more efficiently and at a lower
cost. The digital twin can also help to gain a wealth of insights from the way
customers are using a product and use that data to identify potential faults,
troubleshoot from afar and eliminate unwanted functionality or components from
the product.
Predictive Maintenance
The digital twins are created to transform the way companies
perform predictive maintenance of products, identifying and addressing
malfunctions even before they happen. Sensors embedded in the machines feed
performance data into the digital twin in real time, which helps to tailor
service and maintenance plans for effective asset management, enhanced worker
safety, reduced risk of accidents, lower maintenance costs, and improved
customer satisfaction. The best part is digital twins provide engineers a
detailed and intricate view of a physical asset without needing for the
engineer and asset to be in the same room, or even country. The digital twins
enable smart industrial applications for real world operational developments.
Patient Care
The use of digital twin is not limited to aerospace, heavy machinery, or
inanimate objects. The digital twin is now being incorporated in the healthcare
industry for monitoring and managing a patient’s vital data using a biophysical
model. Integrating sensor data to cloud-driven analytics, the healthcare
providers can offer the effective treatment in managing the patient’s health
remotely. The virtual representation of the patient’s organ allows the surgeon
and healthcare professionals to analyse medical problems and practice
procedures in a simulated environment.
Operational Efficiency
Leveraging digital twins, the industries can optimize supply chains,
distribution, and fulfilment operations by creating virtual models of factories
at different locations. The IoT sensors embedded in factory machines feed
performance data into AI and machine learning applications for analysis, which
is then fed into the digital twin simulations to identify opportunities for
workers to optimize output and limit waste from substandard products.
Smart cities
Digital replica of the city with a virtual model of its roads, buildings
and public spaces can help the city planners to better analyse and plan
transportation systems, prepare for any calamities and warn the inhabitants
about the pollution levels. Singapore has invested USD73 million for creating a
3D city model to build a more resilient city, enabling telecom companies to
experiment with different wireless network systems for optimizing coverage,
allow building owners to identify best places for solar panel installation,
improve parks and evacuation routes. In India, the Andhra Pradesh government
has decided its new capital, Amravati leveraging digital twin. The system will
allow the city planners to evaluate design plans, monitor construction process,
manage permit process, etc.
According to
TechSci research report on “Global Digital Twin Market By Application (Manufacturing
Process Planning, Product Design & Others), By End User Sector
(Manufacturing, Energy & Utilities, Transportation & Others), By
Region, Competition, Forecast & Opportunities, 2014 – 2024”, Global digital twin market is
projected to grow from USD3.1 billion in 2018 to USD17.4 billion by 2024, exhibiting
a CAGR of more than 33% during 2019-2024, on account of rising adoption of
Industrial Internet of Things (IIoT) and use of virtual model for production
line & automate the decision process. Some of the other factors expected to
drive global digital twin market include rising adoption of connected devices
and Industry 4.0, which refers to the application of mining and data analytics
in manufacturing technologies. Moreover, rising technology demand in diverse
sectors including energy & utilities, consumer goods and transportation
would fuel digital twin market, globally, through 2024.
Major Technological Advancements in Digital Twin Technology
Simulation
The tools utilized for constructing digital twins are advancing in terms
of power and sophistication. The task of designing and performing millions of
simulation processes has become easier and efficient without overwhelming
systems. With the growing adoption of digital twins, the number of vendors and
range of options have increased, facilitating the advancement of digital twin
technology. Even machine learning and functionality have also enhanced the
depth and relevance of insights.
New Data Sources
Data retrieved from advanced real-time monitoring technologies such as
Light Detection and Ranging (LIDAR) and Forward-looking Infrared (FLIR) has
improved the productivity of digital twin simulations. Enabling continuous
real-time monitoring, IoT sensors embedded in machinery or throughout supply
chain can feed operation data directly into simulations.
Visualization
The data visualization tools have moved beyond basic dashboards as they
have progressed into advanced visualization capabilities such as interactive
3D, Artificial Intelligence-enabled visualizations, real-time streaming, etc.
These tools help to simplify the task of making digital twin simulations from a
sheer amount of data.
Interoperability
The enhanced industry standards for communications between IoT sensors,
operational technology hardware, and vendor efforts has improved the ability to
integrate digital technology with real world on diverse platforms.
Instrumentation
With improvements in networking technology and security, the virtual
models have become more granular, timely and accurate on real-world conditions.
IoT sensors, both embedded and external are becoming compact, cheaper,
powerful, and reliable, which is further helping to create detailed and precise
digital twins.
Platform
Many software companies are making a significant investment in IoT,
cloud-based platforms, and analytics, which can allow them to capitalize on the
digital twin trend. The increased availability and access to powerful and
inexpensive computing networks are the key enablers of digital twins.
Conclusion
With emerging technology, the potential of digital twin in every
industry is endless. Digital twins have the potential to empower the shift to
automated and iterative manufacturing to serve the modern day needs. Previously
independently operating departments across operations, maintenance, sales, finance,
and marketing can now leverage digital twins to access a unified source of
real-world data for improved design, understand usage and adjust pricing. Going
forward, digital twins will emerge as one of the crucial IT tools for the
digitization of industrial marketplace and affect the social and political
landscape of many countries.
According to TechSci research report on “Global
IoT Device Management Market By
Component (Software v/s Service), By Deployment Mode (On-Premise v/s Cloud), By
Organization Size (Large Enterprises v/s SMEs), By Application (Smart Retail,
Connected Health, Connected Logistics, Smart Utilities, Smart Manufacturing,
Others), By Company, By Region, Forecast & Opportunities, 2026”, Global IoT device management market
is expected to grow at a robust rate of around 22% during the forecast period.
The global IoT device management market is driven by the increasing incidences
of cybercrimes and cyber threats which has led to the increase in security
concerns within enterprises. This in turn increases the need to deploy IoT
solutions for ensuring organizational safety and security thereby driving the
growth of IoT device management market during forecast period. Additionally,
increasing penetration of communication and networking technologies further
fosters the market growth. Furthermore, the extensive adoption of sensors is
expected to create lucrative opportunities for the market growth through 2026.
However, lack of IT infrastructure and finances in the emerging countries can
hamper the market growth over the next few years. Moreover, lack of
standardization also impedes the market growth.