Digital Twins – Thematic Intelligence
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Digital Twins Thematic Report Overview
Digital twins are digital representations of physical assets, systems, people, or processes. They help in detecting, preventing, predicting, and optimizing the physical environment using artificial intelligence (AI), real-time analytics, visualization, and simulation tools. Digital twins can provide short and long-term efficiency and productivity gains by dynamically integrating data and information about an asset, part, process, or system’s lifecycle. They are a data resource that can improve asset design, understand an existing asset’s condition, verify the viability of something being constructed, and run ‘what if’ simulations and scenarios.
The ‘digital twins’ thematic intelligence report gives you an in-depth insight into the digital twins theme. It further entails a deep-dive analysis of the industry, including real-life use case studies that showcase how the digital twins have responded to the impact of this theme on their operations. The report identifies the key market trends that will shape the digital twins theme over the coming years and gives an insight into the market players and the competitive landscape within the theme.
Report Pages | 71 |
Regions Covered | Global |
Value Chain | · Physical Layer
· Connectivity Layer · Data Layer · Platform Layer · Delivery Layer · Services Layer |
Key Trends | · Technology Trends
· Macroeconomic Trends · Regulatory Trends |
Leading Companies | · ABB
· Amazon · Ansys · Bentley Systems · Cisco |
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Digital Twins – Key Trends
The primary trends that will shape the digital twins theme over the next 12 to 24 months are classified into technology trends, macroeconomic trends, and regulatory trends.
- Technology trends: The key technology trends impacting the digital twins theme are artificial intelligence (AI), digital partnerships, interoperability, Internet of Things (IoT), knowledge graphs (kgs), and the metaverse.
- Macroeconomic trends: The impact of climate change and the creation of national digital twins are the key macroeconomic trends expected to impact this theme.
- Regulatory trends: Meeting the cyber threat is one of the regulatory trends impacting the digital twins theme.
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Digital Twins - Value Chain Analysis
The digital twins value chain consists of the physical layer, connectivity layer, data layer, platform layer, delivery layer, and services layer.
Physical Layer: Today, most connected devices such as smartphones, tablets, and laptops have a physical dimension controlled by humans. However, in the IoT, most connected things are run by other connected things. IoT is the backbone for digital twins, connecting both physical and virtual worlds.
Digital twins use data collected from IoT sensors to create a digital representation of a physical object, person, or process. Sensors also help monitor the physical model’s condition and behavior in real-time using bidirectional communication. They gather real-time performance and working condition data and send it to virtual models, which help identify potential problems that may arise and support quick responses.
Digital Twins Industry Value Chain Analysis
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Digital Twins - Leading Companies
A few leading companies making their mark within the digital twins theme are:
- ABB
- Amazon
- Ansys
- Bentley Systems
- Cisco
ABB: ABB adopted digital twins technology to better understand its complex supply chain, involving a wide range of internal and external orders. The company identified individual processes by process mining. It adopted metrics such as lead time, performance, and quality to create a view of every customer order’s supply chain process. This gave it greater visibility into errors and deviations in real-time Moreover, ABB can better simulate the impact of those errors and issues throughout the supply chain by using a digital twin.
Leading Companies in the Digital Twin Theme
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Application Software Sector Scorecard
At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our power sector scorecard has three screens: A thematic screen, a valuation screen, and a risk screen.
- The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
- The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
- The risk screen ranks companies within a particular sector based on overall investment risk.
- The digital twins – thematic intelligence report also includes industrial automation scorecard.
Application Software Sector Scorecard – Thematic Screen
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Scope
This report provides an overview of the digital twins theme.
It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
It includes a comprehensive industry analysis, including use cases for digital twins across various industries, including manufacturing, power, oil and gas, healthcare, construction, automotive, aerospace and defense, government, and sports.
The detailed value chain comprises six layers: a physical layer, a connectivity layer, a data layer, a platform layer, a delivery layer, and a services layer.
Key Highlights
- Scientific overview of digital twins.
- Studies of emerging technological trends and their broader impact on the market.
- Analysis of the various military and civilian hypersonic technologies programs currently under development, their history, and projections on future development initiatives.
Reasons to Buy
- Determine potential investment companies based on trend analysis and market projections.
- Gaining an understanding of the market challenges and opportunities surrounding the digital twins theme.
- Understand how spending on digital twins will fit into the overall market and which spending areas are being prioritized.
Ab Initio
ABB
AccelData
Accenture
Accton
Actifio
Adeptia
Adetiq
Adimec
Advantech
Aeris
AEye
AIMMS
Airbyte
Aize
Akamai
Alation
Alibaba
Alkira
Alphabet
Alps Electric
Altair
Alteryx
Altibase
Amazon
Ambarella
AMD
AMS
Amundsen
Analog Devices
Ansys
Anyscale
Apache Foundation
Apexon
Apple
aPriori
Aptiv
Arista Networks
Arm
Arup
Astronomer
AT&T
Ataccama
AtkinsRéalis
Atlan
Atos
Attivio
Auron Technologies
Autodesk
Avanade
Aviatrix
AxoMem
BAE Systems
Baidu
Basler
Belden
Bentley Systems
Bharti Airtel
Bigeye
Black & Veatch
Blaize
BMC Software
Boeing
Boomi
Bosch
BP
Broadcom
Broadcom (VMware)
BT Group
Cadmatic
Canon
Capgemini
Cato Networks
CData
CEDQ
Celestica
Celigo
Census
CGI
Check Point Software
Chicony
China Mobile
China Telecom
China Unicom
Ciena
Cintoo
Cisco
ClearBlade
ClickHouse
Cloud Software Group
Cloudera
Cognex
Cognite
Cognizant
Cohesity
Colibra
Comcast
Confluent
Continental
Cosmo Tech
Couchbase
CrowdStrike
CyberTwin
Cyclr
Dahua
Damco Group
Darktrace
Dask
Dassault Systèmes
Data Virtuality
data.world
Databricks
DataCaptive
DataHub
Dataiku
DataStax
DataTorrent
DataVirtuality
Dbt Labs
Decimetrix
Dell Technologies
Deloitte
Delphix
Delta Lake
Denodo Technologies
Denso
Deutsche Telekom
DJI
Domo
Dremio
dSPACE
Duality Robotics
Eastern Jin Tech
Elementl
e-Magic
Emerson Electric
EnterpriseDB
Epic Games
Equinix
Ericsson
Esaote
Esri
Eviden
Exasol
Experian
Extreme Networks
Exxon Mobil
EY
F5 Networks
Fastly
Finisar
Fivetran
Flexpoint
Flink
Forcepoint
Fortinet
Fujifilm
Fujitsu
Gafcon
Garmin
GE
Global Laser
Goertek
GoPro
Great Expectations
HCLTech
Helpsystems
Hightouch
Hikvision
Hitachi
Hive
Holitech Technology
HollySys
Hologic
Honeywell
HPE
HTC
Huawei
Humanising Autonomy
IBM
iFlytek
Immuta
Imply
Indie Semiconductor
Infineon
Informatica
Information Builders
Innoviz
Insource
Inspur
Intel
Intenda
InterSystems
Jitterbit
Juniper Networks
Kanematsu
KBR
KDDI
Keboola
Keyence
Knowles
Kongsberg
Konica Minolta
KT
Kyndryl
Largan Precision
Lenovo
LG Electronics
LG Innotek
Libelium
Link Labs
Lite-On
Lockheed Martin
LookML
Lumen Technologies
Lumentum
Luminar Technologies
Magna
Make
MariaDB
MarkLogic
Matterport
MediaTek
Microchip
Microsoft
Microvision
Mitsubishi Electric
Mobileye
MongoDB
Monte Carlo
Mosimtec
Mott MacDonald
Murata
NavVis
NEC
NetApp
Netgear
Nikon
Nippon Ceramic
Nokia
Northrop Grumman
NTT
NTT Data
NuoDB
Nutanix
Nvidia
NXP
OEM Automatic
Okta
Omron
OpteamX
Oracle
Orange
Ordr
Ovaledge
Palantir
Palo Alto Networks
Panasonic
Percona
Philips
Pluto7
PostgreSQL
PTC
Pure Storage
Qorvo
Q-Tech
Qualcomm
Quanergy
Quanta Cloud Technology
Quectel
Rackspace Technologies
Rakuten
RapidMiner
Redis Labs
Renesas
Ricoh
Rockwell Automation
Rohm
Salesforce
Samsung Electro-Mechanics
Samsung Electronics
SAP
SAS
Saviant Consulting
Schneider Electric
ScienceSoft
Sensata
SenseTime
Shimadzu
Siemens
SiLC
SingTel
SK Telekom
Skyworks
Slingshot Simulations
Snowflake
Softbank
Software AG
Sony
Stemmer Imaging
STMicroelectronics
Stone Bond Technologies
Sunny Optical
Talend
Tata Communications
TCS
TDK
TE Connectivity
Teledyne
Telefónica
Telenor Group
Telstra
Tencent
Teradata
Tesla
Texas Instruments
Thales Group
Toshiba
Trend Micro
Tsinghua Unigroup
Tung Thih
TuSimple
TWI
Ubiquiti
Unity Technologies
Unlearn AI
Varjo
Velodyne
Veoneer
Veritas
Verizon
Visionaize
Visteon
Vodafone
Voyant Photonics
Vuzix
Willow
Winniio
Wipro
Xenonstack
Xiaomi
XMPro
ZF
ZTE
Table of Contents
Frequently asked questions
-
What are the key technology trends that will impact the digital twins theme?
The key technology trends that will impact the digital twins theme are artificial intelligence (ai), digital partnerships, interoperability, Internet of Things (IoT), knowledge graphs (kgs), and the metaverse.
-
What are the key macroeconomic trends that will impact the digital twins theme?
Creating national digital twins and digital twins and climate change are the key macroeconomic trends that will impact the digital twins theme.
-
What are the key regulatory trends that will impact the digital twins theme?
Meeting the cyber threat is one of the regulatory trends impacting the digital twins theme.
-
What are the key components of the digital twins value chain?
The key components of the digital twins value chain are physical layer, connectivity layer, data layer, platform layer, delivery layer, and services layer.
-
Which are the leading companies associated with the digital twins theme?
A few of the companies making their mark in the digital twins theme are ABB, Amazon, Ansys, Bentley Systems, Cisco among others.
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