A Complimentary CIMdata Educational Webinar with Stan Przybylinski, Vice President, CIMdata
30 November 2023
11:00 EST | 08:00 PST | 17:00 CET
The digital twin is not a new concept. NASA dabbled with “paring technology” in the early days of space exploration. What is new is the ability to support digital twins from idea through life cost-effectively.
Today, the phrase “digital twin” is ubiquitous in the PLM market, with virtually all of the top 25 global market leaders in our PLM market research offering solutions. But if you dig a bit deeper, you will find that most providers mean something different when they use the same phrase. In 2021, a major global market research firm released a study on the market potential for digital twins: growing to $110 billion in 2028! Their market definition included all the hot buzzwords: AI and machine learning, the Internet of Things (IoT), blockchain, augmented reality, big data analytics, and 5G. Yes, some of these capabilities are extending digital twin possibilities. However, their market definition included nothing that could help define or manage the IP used in digital twins or to simulate them. How should we think about digital twins? What enables them? What use cases are important? What kind of benefits can we expect?
Industrial practitioners, PLM team leaders and members, and PLM software and service providers offering digital twin capabilities (or planning to).
During the webinar you’ll also have the opportunity to ask questions about the topics discussed.
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