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How Digital Twins Can Save the Global Mobility Market from Expensive Errors
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"Cutting-edge technologies, such as artificial intelligence, machine learning, augmented reality, and virtual reality, make digital twinning possible," said . "Additionally, with technology integration, DTs have enabled the simulation of entire production facilities, supply chains, and product offerings, avoiding expensive errors and opening the arena to new entrants."
Jesu added: "Several innovative business models are emerging based on the large amounts of data that DTs generate. OEMs can use that information to create a continuous flow of revenue. Further, DT-based data-driven techniques help optimize decision-making, ensuring a smooth supply chain and manufacturing."
The proliferation of the use of digital twinning in the automotive sector presents massive opportunities for market participants, including:
is the latest addition to Frost & Sullivan's research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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Sol Curet
Corporate Communications
E: sol.curet@frost.com
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