Putting Digital Twins & Threads to Work for You
Among the most useful concepts to arise from the Industry 4.0 movement is that of the digital twin and its lifecycle counterpart, the digital thread. Effectively a software representation of a particular physical asset, the digital twin is designed to optimize that asset’s operation, including the detection, prediction and prevention of adverse outcomes in the real world. In this session, Chad Stoecker explains how industrial data from a variety of sources is combined with first-principles and statistical models of asset behavior and used to predict potentially adverse conditions as well as recommend operating parameters that result in optimal asset performance.