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As industries across the globe pursue digitization across functions, more and more data are being generated and utilized to empower decision making and insight generation. As the volume and complexity of data increases, it is also becoming difficult for traditional machine learning (ML) algorithms to make sense of a large number of variables. The l...

As autonomy becomes the key objective of industries across the globe, artificial intelligence (AI) and machine learning (ML) systems too are being driven to adopt a more decision making role with an objective to find and implement the most effective methods of executing business goals. A key area of interest for businesses is to implement ML system...

As the transition to a green economy becomes inevitable (it is economical and environment friendly), researchers will concentrate on the promotion, development, and adoption of green energy technologies. Among these sustainable technologies, fuel cells, which offer the potential to generate electricity by combining hydrogen and oxygen electrochemic...

Smart thermostats are a key component of the fast-growing connected homes ecosystem. In the next 5 years, the broadening range of products on offer will attract customers wanting comfort, convenience, and energy savings offered with home automation. The improving quality of Wi-Fi in homes will boost the smart thermostat market; it will also benefit...

Advanced edge AI sensors solutions are rapidly transforming industrial operations by integrating adaptability, intelligence, and precision into core processes across various sectors, including consumer electronics, manufacturing, automotive, and agriculture. Continuous advancements in sensor hardware and AI-based decision-making are reshaping the c...

By 2030, the shared mobility market will have 10.5 million electric vehicles in its fleet dominated by electric bikes and then ride-hailing vehicles. Electrification was under the radar of all the mobility operators and cities, even before the pandemic. Cities should neither lose sight of the long-term goal which is to reduce GHG emissions nor brea...

Deployment of next-generation technologies will result in increased adoption of data-intensive applications. To handle the unprecedented growth in traffic and to ensure enhanced user experience, telcos need to invest in network modernization and expansion. The networks are under a lot of pressure and living up to customers' expectations with qualit...

23 Aug 2022  |  Global  |  Market Research

Growth Opportunities for Digital Twins in Manufacturing

Next generation Digital Twins Enabling Transformational Growth in Industrial Manufacturing

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Key Issues Addressed

Digital twins (DTs) are not a novelty. Different industry verticals have been benefiting from DTs for decades. However, technological enablers such as artificial intelligence, blockchain, and 5G are expanding the limits of DTs and opening up the concept. The next generation of plants and factories are starting to demonstrate success in complementi...