Tech Report: Digital Twins

Peer Reviewed icon Peer Reviewed
Date issued
Sep 2024
Subject
Artificial Intelligence;
Digital Technology;
Exponential Technology;
Internet of Things;
Disruptive Innovation;
Science and Technology;
Loan Operation;
Health;
Supply Chain;
Sustainability;
Cloud Computing;
Infrastructure Development;
Manufacturing Industry;
Energy
JEL code
O32 - Management of Technological Innovation and R&D;
O33 - Technological Change: Choices and Consequences • Diffusion Processes;
O35 - Social Innovation;
O38 - Government Policy
Category
Learning Materials
Digital twins are finding innovative applications in a wide range of industries. In manufacturing, they enable product design optimization, predictive machinery maintenance, and customized production. Healthcare will benefit from precise diagnostics, personalized treatments, and advanced surgical planning. In city planning, they support efficient urban design and complex situation management. Regarding energy, they promote the efficiency and sustainability of systems and infrastructure. Finally, in the agricultural sector, they improve crop management, resource use and animal welfare.
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