Digital twin is a virtual model of a process, product or service. This pairing of the virtual and physical worlds allows analysis of data and monitoring of systems to head off problems before they even occur, prevent downtime, develop new opportunities and even plan for the future by using simulations.
Thus, digital twin is a bridge between the physical and digital world. Digital twin includes partial or entire components of the IoT. Smart components that use sensors to gather data about real-time status, working condition, or position are integrated with a physical item. The components are connected to a cloud-based system that receives and processes all the data the sensors monitor. This input is analyzed against business and other contextual data.
Digital twins are powerful masterminds to drive innovation and performance, and this aspect makes it very important of businesses. It is equivalent to the most talented product technicians with the most advanced monitoring, analytical, and predictive capabilities at their fingertips, but significantly faster and more accurate.
Increasing the efficiency of the performance, decreasing the cost of production and almost eliminating the probability of the error to zero are the immediate advantages of digital twin