Digital Twin has become an indispensable opportunity for the technology industry in 2024 for inventions, production and exploration of new markets.
The digital twin for vertical applications is expected to be the sixthy The most successful technology of 2024 is represented by 44 global technology leaders. Technology 7 is markedy Maturity rank 8y For market adoption in 2024. Digital Twin technology has a shorter commercial adoption horizon of 3.29 years compared to next generation AI, digital healthcare, etc. as predicted by the IEEE and Computer Society in their 2024 Technology Forecast report.
The uncertain technology landscape across industries makes it necessary to conduct a what-if scenario analysis for any risk aversion. Digital twin technology will advance cutting-edge forecasting, “what-if” analysis, and oversight in industries such as data centers, medicine, geophysical risk, manufacturing, agriculture, and transportation.
Enablers:
Yotta-D1 and CtrlS are the leaders in hyperscale computing in India. Other companies such as Sify, Atlassian, and Amazon Web Services (AWS) are announcing further investments. This will help expand the scope of digital twin technology in India.
Long-range, low-cost, low-power wireless technologies such as Sigfox and LoRa may enable the sustainable expansion of digital twin technologies.
Other enablers include the commoditization of sensor equipment, the Internet of Things: connected assets, extended network, remote control, blockchain, cyber-physical systems, etc.
an opportunity:
The digital twin offers huge potential for businesses due to its dynamic nature that reflects the exact state of the physical system. DT is an inspiring opportunity that can be harnessed for smart digital transformation while simultaneously achieving strong sustainability goals. India has huge opportunities in various sectors.
Infrastructure: Survey of India aims to create a digital twin of India's major urban cities and towns by 2030. It has signed an agreement with Genesys International to reflect physical assets in fine detail. They have already built a digital twin of Ayodhya, the slum clusters of Dharavi in Mumbai, Kochi and Kanpur.
Agriculture: India can leverage digital twin technology to revolutionize agriculture by capturing real-time data on environmental and operational factors, offering real-time monitoring, predictive analytics, and decision support to improve animal health, welfare and production efficiency, thus playing an instrumental role. A critical role in enhancing overall farm management and promoting sustainable agricultural practices.
Digital twin capabilities to create a virtual replica of critical physical assets, covering pipelines, gathering systems, pipelines, heat exchangers, turbines, pumps and compressors. It is widely used in the energy sectors. The integration of the digital twin in Rajasthan and Gujarat has successfully increased the volume of gas directed to recirculating gas compressors (RGCs) instead of burning it, resulting in a more sustainable approach.
As India rises on the global stage, the implementation of the digital twin will drive the triple bottom line, enhancing the well-being of the people, Sustain the planet, and embrace a shared sense of purpose in the pursuit of sustainable and safe energy solutions.
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