A five-step process to help small and medium-sized companies capture the value these tools can offer.
Digital twins enable businesses to repeatedly simulate and optimize complex multivariable problems, cutting the learning costs that come with experimenting in the physical world. Once the exclusive province of big business, small and medium enterprises can now use AI to advanced digital twins that enable them to repeatedly simulate and optimize complex multivariable problems.
One way to reduce that risk is to repeat a process over and over in an experimental setting improving it just a little bit more each time. It’s the type of thing Toyota’s continuous improvement systems are famous for. But this can be difficult as it involves continuously monitoring data and making many micro decisions in response..
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Digital Twins: Optimizing Strategies with AIDigital twins are empowering businesses, including SMEs, to simulate and optimize complex processes using AI, reducing risks and costs associated with physical experimentation. This five-step process involves defining objectives, mapping workflows, structuring data, building digital models, and iteratively testing and refining them.
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