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Industry Summary Articles

Thursday, February 21, 2019

SMS_ThinkTank™ announces the publication of the paper "Digital Twin - Its Role and Structure within a Modern Systems Engineering Approach"

The complexity of systems is rapidly increasing across all industries. Embedded systems and interactive environments account for an increasing share of the product features and the total product cost. At the same time, the need to develop and maintain innovate new products and “products as a service” is critical for corporate success and, in some cases, even for enterprise survival. Companies must ensure a cost effective and reliable product is introduced to the market in a timely manner while also addressing the challenges relating to in-service product updates and on-going maintenance. The Digital Twin in the context of virtual engineering and digital transformation is becoming a critical player in such highly innovative and competitive environment.

To properly utilize virtual engineering, companies must be able to adopt methods and processes that enable technologies such as the Internet-of-Things (IoT), Digital Twin, etc. Systems Engineering thinking and the enablement and deployment of the latest best practices and solutions in this space are crucial for the successful development of complex systems that have become part of most products in today’s world.

Modern Systems Engineering thinking doesn’t stop at the fence of an organization or company. Especially in our modern, connected and interactive world products begin another life once they get into service. They become part of an “Experience Ecosystem”. The Digital Twin plays a central role in such an ecosystem. With so much hype about this subject, it is time to put this better into the perspective of the overall MBSE thinking to understand what it is and how it can help address engineering challenges companies are facing in our modern world.

In this paper we discuss and define the Digital Twin, explain the various application streams and its life cycle, its connection to innovation and business analytics platforms, and how it changes the thinking of the traditional engineering “V”. Furthermore, we discuss how deploying Digital Twin technology can improve the engineering maturity of companies and, thus, make those more competitive and disruptive.  Based on the mentioned “Hype” about the Digital Twin it is also important to understand where the market stands realizing the Digital Twin.

To request the paper please visit https://www.smsthinktank.com/news.html 

To view the original press release, please click here.

Search for SMS_ThinkTank on CIMdata.com

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