Why Companies Are Implementing Digital Twins Into IoT Business Plans

Today's business models are increasingly demanding digital twins, including their component objects and processes and live data on their activities, as companies look to grapple with the complexity of operational roadblocks that the Internet of Things (IoT) continuously creates. Digital twins bring new ways to visualize, simulate, optimize, and remotely control systems and processes for rethinking and reconfiguring the seemingly humdrum routines of business activity to respond to fickle markets. Digital twins had a providential debut with NASA’s Apollo 13 mission whose oxygen tanks exploded 200,000 miles away from Earth. As if preordained, the digital twin, far less sophisticated than those currently used, of the spacecraft was the linchpin to its rescue mission; the model mirroring it, the data on its flight path, and its remote-control systems helped to orchestrate its return to Earth.