With the advent of Industry 4.0 which focuses on real time connected ecosystem, it has become pertinent to improve collaboration among business functions quickly to respond to any change in industry value chain. Digital Twin fulfills this need for collaboration by bringing new age technologies like cloud, Internet of Things, AR/VR, 3D drawing solutions, simulation software together. Building digital twin of a product picked up the pace as it was much helpful to expand service portfolio through value added services and increase market share by introducing new model of product faster in market. Over a period, product digital twin extended to plant assets and process level to provide virtual representation of every moment of plant, process and people connected to deliver a SKU
Digital twin framework helps create 360-degree view of the process and the product by leveraging technologies such as IoT, big data analytics, machine learning coupled with cognitive analytics and simulations techniques. The framework enables identification of any possible flaws before deployment of physical processes. Virtual spaces and objects are typically 2X-10X less expensive and time consuming as compared to their physical counterparts. Pilot process digital twins provide real time feedback and help in supporting the implementation. This provides a significant leap towards operational excellence
Solution accelerator like device and data management to onboard machine faster
Library of industrial machinery & asset template to build asset twin
Cross functional analytics and IT-OT orchestration scenarios
Deep knowledge and wide experience in area of factory automation & MES domain
Pre-built analytical model to support use cases like predictive maintenance & quality
4Rs: Provide right data in right format at right time to right persona
Improve collaboration among different business functions across the enterprise
Support LEAN + AGILE manufacturing initiatives of business
Data-driven new investment decisions in product development & facility expansion
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Sumantra naik, birla corporation’s, AVP talks about how LTIMindtree helped digitalize their mining & logistics initiatives
