Digital twin software provides a virtual representation or simulation of a physical asset and is used to monitor the performance of the asset in real-time. These tools are used to simulate performance, predict potential maintenance needs, and ultimately optimize the asset for peak performance. Businesses embed their physical assets with sensors to produce the data necessary to inform a digital twin. By transforming the assets into IoT-enabled devices, they can track and monitor the physical piece of machinery. These tools are often used in conjunction with IoT device management software or computer-aided engineering (CAE) software.
To qualify for inclusion in the Digital Twin category, a product must:
Provide a digital representation of a physical asset
Track data produced by the physical asset via sensors
Allow users to optimize performance of the physical asset based on the data produced by the asset