Building Virtual Avatars to Improve Complex Physical Products
The digital – twin model has the potential to radically change the design, manufacturing, sales, and maintenance of complex products in multiple industries. Thanks to leaner development cycles and increased collaboration, both internally and with external partners and suppliers, companies have been able to cut development time on complex products by 25 percent, with cost savings of 10–15 percent. With real-time mirroring, engineers can simulate the behavior of complex systems to predict and prevent mechanical breakdowns.
Oliver Wyman Ideas App
