Virtual Twin: The Future of Digital Innovation and Efficiency By Rejith P R, Correspondent, CiotechOutlook

Virtual Twin: The Future of Digital Innovation and Efficiency

Rejith P R, Correspondent, CiotechOutlook | Monday, 17 June 2024, 13:30 IST

In a recent interaction during the launch of Virtual Twin Impact Report, the experts shared the importance of adopting virtual twin technology in various sectors and how it has transformed the organizational landscape with virtual twin implementations post-pandemic. India can witness a significant role by advancing the digital model of any product or system; assisting organizations accomplish their sustainability and circularity goals across the value chain.

Pascal Daloz, Chief Executive Officer, Dassault Systèmes says that "Virtualization is really a way to represent the world, and it's only in the virtual world that there is a reality facing the imagination, and It is extremely important"

Advancing Digital Transformation with Virtual Twin Technology

Digital transformation in organizations is crucial to staying competitive, and India is no exception. There is a growing need to adopt digital technology to fast-track the journey and how systems can help through their 3D experience platform. Integrating data and processes and designing entire product development processes to leverage organizations and objectives are essential. Undoubtedly, Virtual Twin Technology can bring new perspectives and ideas on how this can be deployed and added as a component, contributing to organizational objectives.

Deepak NG, Managing Director, India, Dassault Systèmes says "With our latest report on virtual twin technology impact and adoption in collaboration with nasscom, we are encouraged by the significant growth in adoption and the emergence of industry-specific use cases. Our report underscores the imperative for organizations to secure top leadership commitment and navigate software procurement challenges to achieve production-grade capabilities. We remain committed to empowering businesses in their journey towards enhanced performance and operational efficiency through virtual twin technology, driving sustainable growth and innovation across industries,”

Expanding Role of Virtual Twin Technology in Industries

In this modern era, technology is meant for more than just tech-related firms, as every other organization sector needs to be impacted by technology. There is an emerging adoption of virtual twin technology in several industries, reflecting advantages such as reduced downtime, improved predictive maintenance and a more risk-free experimentation environment. Considering the whole concept of virtual twins, it is multi-sector and not restricted to only manufacturing but other sectors and how they embed them into their processes.

Sangeeta Gupta, Senior Vice President & Chief Strategy Officer, Nasscom says “Virtual twin technology is poised at the brink of transformative potential, marked by a sharp increase in awareness and early adoptions since the pandemic. Although full-scale implementations and dedicated budgets remain limited, the focus on optimizing assets and processes opens up expansive opportunities. Overcoming hurdles in software procurement, enhancing top-level commitment and ecosystem synergies can unlock groundbreaking innovations, driving industries toward a more efficient and digitally integrated future”

As technologies continue to evolve, companies from various sectors might adopt virtual twin technology to leverage the maximum benefits, allowing them to improve operational efficiency, achieve sustainability goals and reduce costs. However, it is imperative to address challenges pertaining to software procurement and dedicate commitment in leadership to unleashing its maximum potential.