New Delhi, June 17 (IANS) As the government doubles down on the ‘Digital Twin’ technology adoption, 90 per cent of the enterprises in the country are aware of digital or virtual twins that could play a crucial role in accelerating their growth journey, a report showed on Monday.
According to the report by Dassault Systemes and Nasscom, 45 per cent of ‘Virtual Twin’ deployments take nearly 12-24 months at each level of product, process, or system virtual twin.
The ‘Virtual Twin’ adoption in India could play a crucial role in accelerating the design-to-realisation process, helping organisations achieve their sustainability and circularity goals across the value chain.
In India, about 33 per cent of the virtual twin initiatives in life sciences are driven by top leadership (CXOs), compared to just 22 per cent on average
Moreover, 63 per cent of Indian companies deploy ‘Virtual Twins’ at the product or process level.
“Although full-scale implementations and dedicated budgets remain limited, the focus on optimising assets and processes opens up expansive opportunities,” said Sangeeta Gupta, Senior Vice President and Chief Strategy Officer at Nasscom.
Overcoming hurdles in software procurement, enhancing top-level commitment and ecosystem synergies can unlock groundbreaking innovations, driving industries toward a more efficient and digitally integrated future, she informed.
The government has also launched the ‘Sangam: Digital Twin’ initiative, that offers a solution by creating virtual replicas of physical assets, allowing for real-time monitoring, simulation and analysis for experimental iterations and feedback loop to adapt to the changes for achieving the best outcomes.
The Department of Telecommunication (DoT) has asked industry pioneers, startups, MSMEs, academia, innovators and forward-thinkers to pre-register and actively participate in Sangam’s outreach programmes, “and explore, create, and commit to transform the future of infrastructure planning and design”.
“We are encouraged by the significant growth in adoption and the emergence of industry-specific use cases,” said Deepak NG, Managing Director, India, Dassault Systemes.
–IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
