Gartner: The following year, “digital twins” in half of large industrial companies

According to the forecasts of the Gartner Institute, by 2021, half of large industrial enterprises will use solutions offered under the “digital twins” (source: www.gartner.com).

Digital twins are a virtual copy of a physical product, process, or system. They act as a link between the physical and digital world, using sensors to collect data in real time. The main advantage of implementing digital twins in industrial plants is generating high savings. According to Gartner’s forecasts, their use will increase the efficiency of machines by up to 10%.

At the same time, according to the report “Technological Trends 2020” prepared by Deloitte, in the years 2019–2025 the size of this market will increase from 3.8 to 35.8 billion dollars, and by 2022 the solution will be used by 70% of producers. The dynamic development of digital twins is possible, among others thanks to more data and easier access to computing power.

We encourage you to watch the 13th episode of Industry MeetCast devoted to digital twins, considered one of the most important technological trends of 2020 (in Polish, subtitles coming soon):

--

--

--

Data intelligence for Industry 4.0

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

MORE ON MOORE’S LAW

In 2021, the best free video conferencing software would be (Best Video Conferencing Software…

Top 5 Smartphones Below P10,000 for College Students

Apple’s Reality Composer: Bring Mars into Your Living Room with AR

World of V Week 1 Recap: welcome to the OG club!

Sinworld allows users to enjoy happiness in a virtual world and Play To Earn 🎮

COVID-19: Social Distancing in Construction with One.site

Tech For Good: Making Digital Innovation More Ethical

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
FitMech [EN]

FitMech [EN]

Data intelligence for Industry 4.0

More from Medium

Oswald 2019 feature wrap-up

Jina 3.3 drops, DocArray Dataclasses and more

Understanding How Google Find Your Content Part 1: Schema and Knowledge Graph

Generative Pre-Trained Transformer 3 — OpenAI’s latest AI language model