DIGITAL SUPPLY CHAIN TWINS FOR 3D VISIBILITY AND COST OPTIMIZATION

Since the early 1970s, 3D modeling (CAD: Computer-Aided Design) and simulations software allowed companies to create realistic and scalable images of networks to track productivity and provide diagnostics. Due to data mining techniques and IoT sensors, businesses are able to create digital twins of the real objects to feed the model with accurate data and understand what’s happening inside. Over the course of time, digital twins appeared as AI-powered simulations enabling the visualization model to help predict network functionality problems and potential disruptions.

Nowadays, according to Gartner’s research on IoT implementation, 13% of companies working on IoT projects already have digital twins, and 62% are working on their implementation. In its paper about digital supply chain twins in logistics, DHL emphasized the expected growth of the digital twins market “at an annual rate of about 38% over the next few years passing the $26 billion point by 2025.”

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