Benefit of DT in Industry

Benefit of DT in Industry

The benefits that digital twin technologies offer your business include:

• Increased reliability of equipment and production lines
• Improved OEE through reduced downtime and improved performance
• Improved productivity
• Reduced risk in various areas, including product availability, marketplace reputation, and more
• Lower maintenance costs by predicting maintenance issues before breakdowns occur
• Faster production times
• New business opportunities such as mass customisation, mixed manufacturing, small-batch manufacturing, and more
• Improved customer service as customers can remotely configure customised products
• Improved product quality and enhanced insight into the performance of your products in multiple real-time applications and environments
• More efficient supply and delivery chains
• Improved profits

The Benefits of Using Digital Twins

1. Accelerated risk assessment and production time
2. Predictive maintenance
3. Real-time remote monitoring
4. Better team collaboration
5. Better financial decision-making

Reference:

• What is Digital Twin Technology and How It Benefits Manufacturing in the Industry 4.0 Era? - SL Controls
• Digital Twins Technology, Its Benefits & Challenges to Information Security | GlobalLogic