Digital Twins and IoT: Unlock Deeper Process Intelligence
A digital twin is a virtual or digital replica of a physical entity. In the Industrial Internet of Things (IoT) realm, a digital twin is the dynamic virtual copy of a physical framework, a vehicle, a machine, or any device. Most often, a digital twin is developed to carry out simulations before the actual device is manufactured. Today, digital twin is taking the IoT industry by storm and the market is expected to hit $16 billion by 2023.