Abstract

Four key imperatives to accelerating innovation with digital twins Companies looking toward the future are driven by innovation, striving to out-perform their competitors. At the same time, they are faced with increasing complexity across multiple dimensions such as integrating mechanical, electrical, and controls behaviors, incorporating new materials and manufacturing methods, and opportunities from cloud and IoT. This would require fusing various domains of engineering to design and manufacture their product. These products are often part of a larger system, even systems of systems. As such products can no longer be designed in isolation, which makes development even more complex to manage. To different levels, these and other elements of complexity are impacting companies in every industry. Compounding the situation are the traditional pressures of time, quality, and cost. In the face of increasing complexity, these pressures are even more challenging to navigate. Trying to avoid complexity is not an option, because that means limiting the ability to innovate. Therefore, the goal must be to turn complexity into a competitive advantage. Those who are best organized to manage and deal with complexity are the ones best positioned to drive innovation quicker than their competitors. This implies accelerating digital transformation ? becoming digital enterprises that share data and collaborate in the design, manufacture and deployment of products and processes. As companies work towards this vision, four critical business imperatives have emerged that will drive operational excellence and digital transformation. Attend this session to learn: 1) The 4 key imperatives for evolving and maturing engineering development capabilities 2) The role of the digital twin in realizing the vision 3) Examples of how companies are already benefiting from investing in these domains Register for this session now. Presented by Jean-Claude Ercolanelli, Senior Vice President Simulation and Tests Solutions, Siemens Digital Industries Software