Through reduced costs, resource use, and carbon footprints, a report from Accenture and Dassault Systèmes suggests that Virtual Twins could unlock $1.3 trillion in economic value and save 7.5 Gt CO2e in emissions.
Virtual twins, or digital counterparts, help improve manufacturing quality control, drive efficient use of resources, and encourage cross-functional collaboration while also reducing product life-cycle times. These advantages, in addition to virtual twins helping businesses keep track of materials and products, make virtual twins an important step towards a circular economy.
So what?
While the advantages of virtual twins seem clear in certain industries – lowering costs, reducing material use and waste, enabling zero-waste iteration, and fostering cross-functional collaboration – what other undiscovered applications might there be for using virtual twins?
And, beyond accelerating the disparity between the digitally literate and illiterate, what unforeseen implications might virtual twins bring about?
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