What Benefits Do Digital Twins Bring at the Enterprise Level
To think of Industry 4.0 as an initiative focused on technologies is oversimplified. The main goal is to increase the value for customers and processes effectivity. Therefore, in our articles, we focus on examples of various digital twin types in order for you to get a grasp of what they do and how they influence the real business value.
3 Levels of Digital Twins Application
We already know that digital twins operate on three levels. On the level of assets, processes and the whole enterprise. Today, we will focus on the enterprise aspect of utilization, including assets and all processes, which helps with the digital transformation.
How Does an Enterprise Digital Twin Increase Value?
Corporate digital twins should be used for management and control of your business. Companies use it for coordination of key links among individual sources (people, processes, technologies), so they are able to understand, manage and optimize complex processes. They are, for example, useful when the enterprise performance is not satisfying and the causes of this state are either unknown or too complex to resolve. Or in case you want to know the impact of intended changes on customer service.
Begin with Asking the Right Questions
Digital twins have been proven useful in decreasing the risk rate when making decisions. What is the key to success? Absolute certainty in decision-making processes provided by the twin.
From the very beginning, you have to understand the opportunities the context your business is offering. Just like when implementing any other technology, it means stating strategic goals and ambitions for improving the performance before you focus on digitalization of individual processes or assets.
This way, it is possible to help all interested subjects understand and appreciate benefits of the planned changes. You will reassure them that your digitalization plans have the kind of certainty that is needed for successful implementation.
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