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Digital Twin

Companies are using digital twins to test virtual counterparts of their products

Trend - Numerous companies, especially those in the automotive, engineering, and architecture space, are using IoT and VR-based systems to create precise digital representations of their products and systems. These lifelike models are then tested virtually as a way to guide product development.

Insight - When it comes to large-scale buildings, automotive vehicles, and other complex infrastructure, visualizing and troubleshooting these products during their development phase can be incredibly costly. As a result, a wide range of businesses are turning to digital twin technology to create exact virtual replicas of their products -- whether these be jet fuel engines, electric cars, or sustainable condominiums -- which they can then test and assess digitally.
Workshop Question - How could your company save costs on product development by implementing digital twin technology?
Trend Themes
1. Digital Twin Technology - Companies are using digital twin technology to create exact virtual replicas of real-world products, providing opportunities for virtual testing and troubleshooting during product development.
2. AI and Data Science - Companies are leveraging AI and data science to generate real-time digital twins of physical spaces, allowing for a variety of applications from boosting safety to informing transportation policies and refining autonomous vehicles.
3. AR and VR Systems - Companies are using AR and VR systems to create immersive lifelike 3D models of ships, enabling designers and engineers to assess ship quality and test different scenarios in its lifecycle.
Industry Implications
1. Manufacturing - Digital twin technology can revolutionize product development and testing, reducing costs and improving efficiency.
2. Telecommunications - Digital twin technology can provide virtual inspections of telecommunications towers, reducing the need for physical inspections and streamlining processes.
3. Entertainment - AI-powered metaverse development projects can enhance digital interactions with NPCs, resulting in less predictable outcomes and greater entertainment value.
3.8
Score
Popularity
Activity
Freshness
Patterns
Megatrends
6 Featured, 44 Examples:
72,934 Total Clicks
Date Range:
Nov 21 — Sep 22

Featured Examples

Virtual Car Concepts
Virtual Car Concepts
A Porsche Digital Twin Pairs a Real Car with a Virtual Copy of Itself
Porsche is introducing a brand-new concept called Porsche Digital Twin that matches physical cars with a virtual copy, so that an algorithm can predict when maintenance will be needed on that... MORE
Digitized Physical Spaces
Digitized Physical Spaces
XVRS is a Metaverse Platform That Mixes Real and Virtual Worlds
NEOM Tech has unveiled ‘XVRS,’ a 3D metaverse platform. This platform is described by NEOM Tech as the only type of Metaverse software that creates a “3D digital twin of a physical... MORE
play_circle_filledAI Metaverse Development Projects
AI Metaverse Development Projects
'MetaGen' Aims to Bring AI-Powered Services to the Metaverse
‘MetaGen’ is a new project that aims to explore the overlapping fields of artificial intelligence and the metaverse. The project hopes to amass datasets for use in open-source machine... MORE
AI-Powered Road Models
AI-Powered Road Models
Nexar is Developing Real-Time Digital Twins Of Roads
Leading smart dash cam seller Nexar has teamed up with intelligent networking provider Veniam to launch headfirst into the development of a high-tech road model that makes use of futuristic AI and... MORE
Digital Twin Telecommunications Towers
Digital Twin Telecommunications Towers
Lumea Launches Digital Portfolio for Virtual Inspections
Australian wireless infrastructure provider Lumea has teamed up with SiteSee and LeBLANC to launch a completely digital infrastructure portfolio, which will be made accessible through a standalone... MORE
Digital Twin Ship Builders
Digital Twin Ship Builders
Seaspan Launches New Vessel Visualization System Called 'Holoship'
Marine service giant Seaspan has announced the launch of its new visualization system called ‘Holoship.’ The new system will be used to develop, integrate, and test “digital twin&#... MORE

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