Next-Gen Technology Optimizing Industrial Operations with Digital Twin Technology
Related Vendors
The digital twin technology replicates the physical assets of production processes or performance of a production system into a virtual system. With the adoption of this technology, industry players will be able to make use of real-time data to make informed decisions about the lifecycle of plants, processes as well as production, leading to optimized industrial operations across the chemical and petrochemical industries.
In today’s world where there are so many new and innovative technologies available for the chemical and petrochemical sector, industry players often go for solutions that help them to optimize their processes; save energy, costs, valuable time and also assist them in their decarbonization journey. One of the technologies which has been around in the market for quite some time and offers all the above benefits is the Digital Twin technology.
The technology replicates the physical assets of production processes or performance of a production system into a virtual system. It makes use of real-time data to analyze and optimize systems as well as processes. The technology also helps to monitor systems and detect problems even before they occur in the real-world enabling companies to prevent downtime. Manuel Keldenich, Head of Value Marketing for Process Automation, Siemens, explains the technology in his own words, “The Digital Twin technology is an approach to merge the digital and the real world, allowing data-driven decisions throughout the lifecycle of plants, processes, and production across all functions and levels. It involves creating virtual replica of a physical system, enabling simulation, analysis, and optimization in a digital environment for all stakeholders.”
Sign in or register and read on
Please log in or register and read this article. To be able to read this article in full, you must be registered. Free registration gives you access to exclusive specialist information.
Already registered? Log in here