Your digital twin – can it improve the future you?

by David Pare The digital twin may seem like science fiction but it’s now an alternative method of predicting possible issues through real-time or near real-time replicas of objects, locations or people. This powerful digital tool is gaining ground in healthcare for predicting outcomes to a medical intervention and providing insight on treatment options. The […]

Improve customer engagement and loyalty with digital twins

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Although our business process services view of the world tends to be focused on point-in-time transactions like the card swipe, there is an opportunity to learn from manufacturing organizations that are benefiting from the use of “digital twins” of real-world equipment as a way to sustain customer engagement. Manufacturers of equipment such as turbines have […]

Oil and gas companies are re-imagining their businesses with digital twin

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Digital twin technology is transforming the oil and gas industry, enabling engineers to create virtual representations of physical assets like rigs, plants and pipelines in order to track assets, improve maintenance and avoid down time. Take this scenario. A maintenance worker observes a small rust spot on a pipe and swings by periodically to check […]

Data: Lifeblood for manufacturers

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Manufacturers minimise waste: all aspects of the process from cradle to grave are analysed for cost and process efficiencies. However,  one of the greatest assets – data – is often overlooked. In a traditional model, most of the data such as CAD/CAM, development testing and production data are all put into deep storage once a […]

How IoT powers next-generation Enterprise Asset Management (EAM)

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Enterprise asset management (EAM) has a significant impact on an organization’s ability to overcome challenges and compete in the global market. EAM can result in significant cost savings and growth thanks to its ability to positively affect planning and budgeting, strategic alignment, maintenance, repair, and operations (MRO), risk management, compliance, and organizational harmonization. At the […]

M is for Machine Learning

This post is part of a continuing series, “Digital: from A to Z,” that explores what it means to be “digital” from A to Z, broken down into individual blog posts diving deeper into various subjects. Check back regularly to see continuing posts as I work my way through the alphabet and let me know: What’s […]