FEATURE : DIGITAL TWINS
A MANUFACTURER CAN PERFORM REAL-LIFE QUALITY TESTS ON THE PRODUCT ’ S PERFORMANCE UNDER DIFFERENT CONDITIONS THROUGH VIRTUAL TECHNOLOGY .
information on factors like temperature , pressure vibrations , and more . These gadgets provide crucial real-time data needed by a digital twin , influencing decision-making processes and enhancing operational efficiency through feedback loops .
Predictive maintenance stands out as one of the primary benefits brought by the synergy between digital twins and IoT . Through continuous tracking of equipment conditions by use of IoT sensors embedded in digital twins , potential machine failures can be predicted , allowing for maintenance to be scheduled before a breakdown occurs .
This not only reduces downtime but also extends the lifespan of the equipment , leading to significant cost savings .
Moreover , digital twins enable process optimisation by providing a holistic view of operations . Testing different strategies using simulations within a digital twin helps industry players identify the best strategies before execution , thereby avoiding the risks involved with operational changes and ensuring data-based decisions .
Integration of digital twins and IoT drives innovation through development of new products and services .
A manufacturer , for example , can perform real-life quality tests on the product ’ s performance under different conditions through a virtual technology that shows how an identical piece would work , virtually warming them up for better design and enhancement long before going into production . This expedites timeto-market and improves final product quality as well .
Digital twins and IoT are being readily used across various sectors , such as oil and gas , manufacturing , infrastructure , transportation , utility , health etc .
Digital transformation along with sustainability has continued to draw investments from this region , and is expected that the implementation of these technologies will play a role in fuelling economic growth and fostering competitiveness .
Oil and gas
Digital twins present an opportunity for enhancing efficiency and sustainability within the oil and gas
48 INTELLIGENTCIO MIDDLE EAST www . intelligentcio . com