Digital Twin

Digital Twin   Digital twin refers to a digital replica of physical assets, processes and systems that can be used for various purposes. The digital representation provides both the elements and the dynamics of how an IoT device, equipment, or machine operates and lives throughout its life cycle. Digital twins integrate artificial intelligence, machine learning and software analytics with data to create living digital simulation models that update and …

IIoT

Industrial IoT   The IIoT is part of a larger concept known as the Internet of Things (IoT). The IoT is a network of intelligent computers, devices, and objects that collect and share huge amounts of data. The collected data is sent to a central Cloud-based service where it is aggregated with other data and then shared with end users …

What is Smart Factory?

The National Institute of Standards and Technology (NIST) defines Smart Manufacturing as systems that are “fully-integrated, collaborative manufacturing systems that respond in real time to meet changing demands and conditions in the factory, in the supply network, and in customer needs.” The SMLC definition states, "Smart Manufacturing is the ability to solve existing and future problems via an open infrastructure that allows solutions to …