Insights | Asite

Digital Twins: Weaving the Golden Thread

Written by Arsh | May 4, 2021 12:30:56 PM

 

As Industry 4.0 revolutionizes how we interact with technology, machines, and the world around us, digital twins are set to make a huge impact.

This report examines the foundations required to build and implement a valuable digital twin – specifically, the golden thread.

 

What is a Digital Twin? 

Digital twins provide an evolving profile of the historical and current behavior of a physical object or process.

In simple terms, they monitor and model how people and objects interact with their environments to provide enhanced insights, improve performance, and optimize decision-making.

What is the Golden Thread? 

The golden thread of information refers to an accurate and up-to-date record of data.

It introduces formal processes to maintain digital information, assure accuracy, and ensure accessibility and security.

In a nutshell, it should act as a live repository, linking all asset data.

 

Digital twins work best when there is a seamless flow of data from the beginning of the project throughout its lifecycle and beyond.

 

75% of companies from various industries across six countries have already implemented or plan to implement a digital twin within a year.

 

Asite’s goal is to facilitate digital twins by enabling the flow of information between systems and creating a network of digital transformation partners.

 

 

With digital twins set to usher in a new, exciting, and almost prescient digital era, how can organizations create and maintain a successful digital twin?