AN EMERGING TECHNOLOGY CHALLENGE: DIGITAL TWINS2020-03-20
Mikkel Stein Knudsen and Jari Kaivo-oja:
With Digital Twins, organisations can not only create mirrors of real-world objects and processes but integrate physical and virtual worlds through bidirectional flows of information. With real-time simulations and intelligent algorithms, Digital Twins shifts the focus of data-driven operations from ex-post monitoring to ex-ante predictions and optimization in increasingly complex environments. Digital Twins are said to revolutionize the manufacturing industry, but it may also have major impacts on future studies and the general ways organisations anticipate the future. A Digital Twin development can be a new advanced form of scenario planning.
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