One transformative force shaping the manufacturing landscape is the concept of digital twins. Digital twins are an application of IoT technology that manufacturers are utilizing to optimize performance and enhance cost-efficiency. A digital twin serves as a virtual replica of a physical object and receives real-time data from its counterpart. This data enables manufacturers to monitor and analyze the performance of manufacturing equipment or entire production lines virtually. Digital twins are increasingly employed to predict maintenance schedules, anticipate potential repairs, and simulate the impact of changes to production lines.
To delve further into the transformative impact of technology on the manufacturing landscape and explore additional examples, refer to the accompanying resource provided below.