FINAL WORD model to actual creation without spending the years it would take to incrementally prototype and improve existing designs .
This speed to market and ability to reduce the risk of complex projects explains why Digital Twins technologies have been used in the development of 85 % of the world ’ s electric vehicles to date , as well as contributing to over 75 % of global wind energy solutions and the search for new biomaterials .
Virtual universes allow users to design , test , and model new sustainable and disruptive products and processes in record time without requiring physical construction .
The benefits of using Digital Twins are broad and transformational , among which are new design options with rapid prototyping , production optimization and life extension of enhanced assets . Unlike prototypes that focus on a specific object , Digital Twins experiences allow visualization of diverse metrics and areas of performance . They facilitate sustainable business innovation across the entire product lifecycle .
Reasons like these have led to the growth in business experimentation with new digital , physical and biological technologies . From transportation to life sciences and manufacturing to retail , Digital Twins technology enables companies to reconfigure their operations with immense predictability . Companies can create full-scale virtual models of their operations , networks and supply chains , providing insight into how the slightest changes in strategy or the influence of external forces will affect every facet of the business – in real-time .
Digital Twins is a real-time , virtual representation of a product , platform , or ecosystem .
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