Interscale Content Hub – In today’s fast-changing world of Industry 4.0, digital twins software is the best way for businesses to get the most out of digital twins.
We’re seeing digital twins software being adopted in all kinds of industries, from manufacturing to healthcare.
Grand View Research reckons the global digital twin market was worth around USD 16.75 billion in 2023 and is set to grow at a compound annual growth rate (CAGR) of 35.7% from 2024 to 2030.
So, let’s have a look at some of the main software products on the market right now.
Importance and Benefits
The best thing about digital twins software is how it can help you think through different scenarios.
This lets organisations assess the impact of changes before they’re made.
This is a particularly valuable feature in data centres and telecom networks, where even minor adjustments can have a big impact.
By simulating these changes, businesses can avoid any hiccups and make sure their infrastructure is performing at its best.
And it also helps to keep things safer. Digital twins can be used to test out risky situations, which helps us to work out how to deal with them and make sure we’re as safe as possible.
On top of that, digital twins really help to improve how efficiently things are done.
By monitoring the assets, they can spot areas for improvement, predict when maintenance is needed, and ensure everything is running efficiently, which can save a lot of money.
For example, FNT’s digital twin solution, which they discuss in their article “Digital Twin Software,” lets you simulate and optimize cooling systems, power distribution, and server configurations in data centres.
In healthcare, digital twins are a game-changer for understanding and managing complex biological systems.
For example, Nokia’s project, which you can read about in “Ready to Meet Your Digital Immune System?,” shows how you can create a digital twin of the human immune system.
The project involves creating a detailed model of how the immune system works. This could be a game-changer in how we diagnose and treat diseases.
This project shows how digital twins can be used to deliver personalized medicine and speed up the drug discovery process, which should cut the time and cost of developing new treatments.
Another great thing about digital twins is how they can help different organisations work together better and keep their data safe.
By storing all the infrastructure data in one place, digital twins ensure that teams have access to the right information when they need it.
If you want to know how good the digital twins are, take a look at “Double Fun, Half Trouble: How the Use of Digital Twins Make Aussie Win.“
Top Digital Twin Software Solutions
Siemens Digital Industries Software
Siemens has a great digital twin solution through its Xcelerator platform.
It brings together data from different sources to create a detailed virtual model of physical assets.
This software is used a lot in manufacturing, automotive and aerospace, helping to make designs, production and maintenance processes more efficient.
Siemens’ solution is great for making operations more efficient and improving product lifecycle management.
The Xcelerator platform has been shown to really help with predictive maintenance, reducing downtime and maintenance costs while making overall operations more efficient.
General Electric (GE) Digital
GE’s Predix platform uses digital twin technology to provide real-time analytics and insights across multiple industries, including energy, healthcare, and aviation.
GE Digital is all about making things more efficient, reducing downtime and improving how assets perform.
Predix is a great choice for large enterprises looking to optimize their industrial operations.
It’s been shown to save a lot of money and make a big difference to how things are done, thanks to its use in predictive maintenance.
Microsoft Azure Digital Twins
Microsoft Azure Digital Twins is a cloud-based platform that lets you create digital replicas of physical environments, and it’s scalable too.
It’s really effective for smart building management, manufacturing and IoT applications, as it provides tools for real-time data integration and analysis.
Azure’s ability to link up different data sources and systems makes it really flexible and useful in lots of different sectors.
This makes it a great choice for businesses that want to use digital twins to make their operations more efficient.
IBM Maximo
IBM Maximo Application Suite offers some pretty advanced asset management solutions, complete with built-in digital twin capabilities.
The suite helps businesses predict and prevent equipment failures, get the most out of maintenance schedules, and improve how they work across various industries.
Maximo’s IoT and AI integration lets you monitor and analyse your assets in real time, so you can keep them reliable and performing at their best.
This complete package is especially useful for manufacturing and utilities companies, where asset management is key to overall productivity and cost-effectiveness.
PTC ThingWorx
PTC’s ThingWorx platform is a great all-in-one solution for digital twin creation, management, and analysis.
It’s suited to all kinds of applications in different industries, like manufacturing and smart cities.
ThingWorx has some handy features like real-time monitoring, predictive maintenance and performance optimisation.
The platform’s flexibility and extensive integration capabilities are what make it stand out.
These features help businesses to make their operations more efficient, improve their decision-making and drive innovation through the effective use of digital twin technology.
ANSYS Twin Builder
ANSYS Twin Builder is the go-to platform for engineering simulation. It lets you create high-fidelity digital twins that accurately simulate physical behaviour.
This software is used a lot in industries like aerospace, automotive and industrial equipment, where it’s really important to be able to model and simulate things accurately.
The fact that ANSYS Twin Builder can simulate complex systems and predict performance outcomes is really invaluable.
This capability helps companies to make their product development more efficient, streamline their operations and boost their overall efficiency.
Oracle IoT
Oracle IoT Cloud Service is a platform that brings together digital twin technology and IoT data.
This integration gives you the insights you need to make your operations more efficient and your assets perform better, no matter what industry you’re in.
These industries include manufacturing, transportation and energy, where it’s really important to be able to monitor things in real time and use predictive analytics.
Oracle IoT’s got some pretty impressive data integration capabilities.
They help businesses improve their operational processes and make better decisions based on real-time data from their digital twins.
Interested in learning more about how digital twins work in different industries? Please refer to “Construction with Digital Twin Information Systems: Your Basic Guideline.”
How to Choose the Right Digital Twin Software
There are lots of options out there, so here are a few things to think about.
Firstly, it’s crucial to grasp the industry-specific needs and how digital twin tech can meet them.
Take healthcare, for instance. A digital twin needs to be able to model complex biological processes accurately.
Nokia’s digital twin project for the immune system shows why it’s so important to be precise and to be able to simulate what goes on inside the immune system.
This goes to show why it’s so important to choose a solution that can handle such complexity.
We also need to think about how scalable and flexible the solution is going to be.
As we’ve seen with IT infrastructure management, digital twin software needs to be able to integrate with existing systems and scale as needed.
Cloud-based platforms like Microsoft Azure and digital twins are great for dynamic environments because they’re flexible and cost-effective.
Another important thing to look for is how well the software can be integrated with other systems. The software should work seamlessly with other apps and data sources in your company.
Cost and return on investment (ROI) are always important things to think about.
It’s also worth looking at the total cost of ownership, including things like the initial implementation, maintenance and training costs.
Look for solutions that show you’ll get your money’s worth in the long run, with better efficiency, lower costs and better performance.
For example, digital twins can help cut costs by preventing unplanned downtime and making the most of maintenance schedules.
It’s also worth thinking about the support and expertise that the solution provider can offer. Deploying and running digital twin tech can be tricky, so having expert support can make a big difference.
Dealing With the Hurdles of Digital Twin Software Implementation
As you can see, there are lots of options out there. You’ve also got to get your head around running and managing digital twin software.
It can be pretty tricky because there are so many things to think about. Setting up the initial framework, integrating data, and maintaining it all on an ongoing basis requires a specific skill set and resources.
At Interscale, we can help you tackle these challenges head-on with customised solutions that streamline your digital twin initiatives.
Our team of experts can walk you through the whole process, from picking the right software to tailoring it to your particular needs.
We’re here to help you get the most out of your digital twin investment with comprehensive support and training.
What does that mean for your business?
That means we’ll be your support system, helping you work more efficiently, make better decisions and bring new ideas to market faster.
Just contact us, and we’ll arrange a meeting. You can count on us 24/7 throughout the process.
Or, you can find some basic info on our Interscale BIM Management Support page here.
In Closing
Digital twins are becoming essential for businesses today thanks to their predictive maintenance, enhanced operational efficiency and better product development features.
There’s no limit to what you can do with digital twin technology if you choose the right software and get expert help from a provider like Interscale.
Indeed, combining digital twins software with the input of a team of experts is the way to stay competitive and innovative.
