Digital Twin

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Digital Twin technology is the concept surrounding the creation of a digital "twin" or replica of a physical asset. The benefits of a Digital Twin is to provide an abstraction layer that allows for applications to interact with a device or devices in a consistent manner. The vision of a digital twin is that it follows the lifecycle of a device and the data associated with the device. Digital Twins will enable features like device simulation during development, integration of analytics and machine learning during deployment, and so on. The Reality of Digital Twins for IoT | Ian Skerrett - Medium

The Digital Twin can allow companies to have a complete digital footprint of their products from design and development through the end of the product life cycle. This, in turn, may enable them to understand not only the product as designed but also the system that built the product and how the product is used in the field. With the creation of the digital twin, companies may realize significant value in the areas of speed to market with a new product, improved operations, reduced defects, and emerging new business models to drive revenue. The Digital Twin may enable companies to solve physical issues faster by detecting them sooner, predict outcomes to a much higher degree of accuracy, design and build better products, and, ultimately, better serve their customers. With this type of smart architecture design, companies may realize value and benefits interactively and faster than ever before. Industry 4.0 and the digital twin | Deloitte Insights

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