In the industrial marketplace, the prevalence of connected devices through the Industrial Internet of Things (IIoT) and digitization of enterprise-wide data sources is expanding the possibilities of ...

Digital Twin Consortium (DTC) announced revised definitions for digital twin and digital thread, aligning these concepts more closely with core digital engineering principles. These refined ...

What is the digital thread? And why does it matter when thinking about the operating life of an asset? PTC, who recently acquired ServiceMax, gives this definition: A digital thread creates a closed ...

BOSTON, MA, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Today, the Digital Twin Consortium® (DTC) announced revised definitions for digital twin and digital thread, aligning these concepts more closely with ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The last 10 years have seen amazing developments in technology relevant to manufacturers.

A digital twin is a multifaceted digital model of a physical instance. The primary function of the digital twin is to provide an accurate representation of a manufactured product, although it could ...

Data is everywhere, and if you know what to do with it, can be tremendously valuable. Huge volumes of data are collected in manufacturing industries across the supply chain, with the help of ...

If you’re a manufacturer using legacy technology and systems to run your business, your business isn’t on the competitive stage. Legacy systems are difficult to automate, unable to share data and are, ...

When Product Lifecycle Management (PLM) vendor PTC bought ServiceMax at the beginning of last year, one of the stated aims was to join up data from product design and engineering stored in PLM ...

Let me offer you a simple definition of sales, marketing and new business development: If there is nothing to ship tomorrow, you failed. If there is no backlog, you failed. If you go out of business ...

In the industrial marketplace, the prevalence of connected devices through the Industrial Internet of Things (IIoT) and digitization of enterprise-wide data sources is expanding the possibilities of ...