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Transforming Industry using Digital Twin Technology

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Book Rating : 232/5 ( reviews)

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Book Synopsis Transforming Industry using Digital Twin Technology by : Ashutosh Mishra

Download or read book Transforming Industry using Digital Twin Technology written by Ashutosh Mishra. This book was released on . Available in PDF, EPUB and Kindle. Book excerpt:

The Digital Twin Paradigm for Smarter Systems and Environments: the Industry Use Cases

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Release : 2020-02
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Kind : eBook
Book Rating : 565/5 ( reviews)

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Book Synopsis The Digital Twin Paradigm for Smarter Systems and Environments: the Industry Use Cases by : Preetha Evangeline

Download or read book The Digital Twin Paradigm for Smarter Systems and Environments: the Industry Use Cases written by Preetha Evangeline. This book was released on 2020-02. Available in PDF, EPUB and Kindle. Book excerpt: The Digital Twin Paradigm for Smarter Systems and Environments: The Industry Use Cases, Volume 117, the latest volume in the Advances in Computers series, presents detailed coverage of new advancements in computer hardware, software, theory, design and applications. Chapters vividly illustrate how the emerging discipline of digital twin is strategically contributing to various digital transformation initiatives. Specific chapters cover Demystifying the Digital Twin Paradigm, Digital Twin Technology for "Smarter Manufacturing", The Fog Computing/ Edge Computing to leverage Digital Twin, The industry use cases for the Digital Twin idea, Enabling Digital Twin at the Edge, The Industrial Internet of Things (IIOT), and much more. Provides in-depth descriptions of digital transformation technologies and tools Covers various research accomplishments in this flourishing field of relevance Includes many detailed industry use cases with all the right information

Building Industrial Digital Twins

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Release : 2021-11-02
Genre : Computers
Kind : eBook
Book Rating : 511/5 ( reviews)

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Book Synopsis Building Industrial Digital Twins by : Shyam Varan Nath

Download or read book Building Industrial Digital Twins written by Shyam Varan Nath. This book was released on 2021-11-02. Available in PDF, EPUB and Kindle. Book excerpt: Build your first digital twin MVP and gain first-hand experience of using the technology, the challenges it presents, and its impact on your organization Key FeaturesCreate a digital twin prototype using Microsoft Azure Digital TwinExplore the digital twin approach to the design, operations, and maintenance of industrial assets and productsUnderstand key characteristics and components of a digital twin through practical use cases and business scenariosBook Description Digital twin technology enables organizations to create digital representations of physical entities such as assets, systems, and processes throughout their life cycle. It improves asset performance, utilization, and safe operations and reduces manufacturing, operational, and maintenance costs. The book begins by introducing you to the concept of digital twins and sets you on a path to develop a digital twin strategy to positively influence business outcomes in your organization. You'll understand how digital twins relate to physical assets, processes, and technology and learn about the prerequisite conditions for the right platform, scale, and use case of your digital twins. You'll then get hands-on with Microsoft's Azure Digital Twins platform for your digital twin development and deployment. The book equips you with the knowledge to evaluate enterprise and specialty platforms, including the cloud and industrial IoT required to set up your digital twin prototype. Once you've built your prototype, you'll be able to test and validate it relative to the intended purpose of the twin through pilot deployment, full deployment, and value tracking techniques. By the end of this book, you'll have developed the skills to build and deploy your digital twin prototype, or minimum viable twin, to demonstrate, assess, and monitor your asset at specific stages in the asset life cycle. What you will learnIdentify key criteria for the applicability of digital twins in your organizationExplore the RACI matrix and rapid experimentation for choosing the right tech stack for your digital twin systemEvaluate public cloud, industrial IoT, and enterprise platforms to set up your prototypeDevelop a digital twin prototype and validate it using a unit test, integration test, and functional testPerform an RoI analysis of your digital twin to determine its economic viability for the businessDiscover techniques to improve your digital twin for future enhancementsWho this book is for The digital twin book is for mid-career subject experts, including engineers and operations managers, building their first prototype (MVP) using digital twin technology. The book will help professionals responsible for mechanical, process, and reliability engineering domains. You don't have to be a developer or programmer, but beginner-level programming skills will be helpful.

Digital Transformation in Industry

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Release : 2022-04-21
Genre : Business & Economics
Kind : eBook
Book Rating : 177/5 ( reviews)

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Book Synopsis Digital Transformation in Industry by : Vikas Kumar

Download or read book Digital Transformation in Industry written by Vikas Kumar. This book was released on 2022-04-21. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a selection of the best papers presented at the annual international scientific conference “Digital Transformation in Industry: Trends, Management, Strategies (DTI2021),” held by the Institute of Economics, Ural Branch of the Russian Academy of Sciences, in Ekaterinburg (Russia) on October 29, 2021. The book focuses on the idea of introduction mechanisms for digitization processes and on highlighting successful digital transformation strategies in all sectors of industry. Key topics include the development of a cyber-physical production system for Industry 4.0; digital design technologies for enhancing the competitiveness of products and companies; digital twin-driven product manufacturing and services; and the effects of the industrial digital transformation on society and the environment. With regard to implementing IT and other technological innovations, lessons learned in developed and developing economies, as well as small and large enterprises, are included. Given its scope, the book offers a valuable asset for researchers and managers of industrial organizations alike.

Artificial Intelligence-Augmented Digital Twins

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Release : 2024-01-19
Genre : Technology & Engineering
Kind : eBook
Book Rating : 900/5 ( reviews)

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Book Synopsis Artificial Intelligence-Augmented Digital Twins by : Abdalmuttaleb M. A. Musleh Al-Sartawi

Download or read book Artificial Intelligence-Augmented Digital Twins written by Abdalmuttaleb M. A. Musleh Al-Sartawi. This book was released on 2024-01-19. Available in PDF, EPUB and Kindle. Book excerpt: Presently, we stand on the threshold of a technological revolution that will drastically change the way we live, work, and communicate with each other. By the current rate, scope, and complexity, this transformation will be as fundamental for society as any other technological paradigm change from the past. The industries which are more susceptible to change are technologically oriented industries including banking, finance, accounting, and auditing. One of the technological concepts of the technological revolution is the concept of the digital twin. The application of digital twins and AI as paired with Internet of Things technologies makes it possible to solve ESG problems on a completely different level (Li, 2019) for accounting firms and financial institutions. These include recycling on demand, rational energy consumption, smart surveillance cameras for crime tracking, and smart branch parking solutions, monitoring the wear and tear and conditions of financial technology infrastructures. Moreover, numerous researchers and practitioners emphasize the significance of innovating sustainable business models and operations (Geissdoerfer et al., 2018). The digital twin will allow businesses and financial institutions to minimize costs, boost customer service, and find new ways to generate revenue. DTW is accessible now more than ever, and many reputable and innovative companies such as Tesla, Ericsson, and Siemens have adopted it with varying success. Therefore, this book examines the opportunities, challenges, and risks of artificial intelligence-augmented digital twins for financial operations, innovation, and sustainable development. It focuses on AI and digital twin technologies to furnish solutions for the current industrial revolution including the Metaverse. Henceforth, this book aims to encourage authors to submit multi-disciplinary chapters indicating the current scholarly challenges about the applications and potential of artificial intelligence and digital twins in accounting, finance, and banking.

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