In a Deloitte study, we found that companies that switch to Digital Twins and move to become model-based enterprises see significant savings between 70% and 80%. Discover how you can help your organization create a seamless flow of information, increase your cost savings, and achieve faster product cycle times.
It is critical to talk about a comprehensive Digital Twin instead of a silo in this post-pandemic world. Digital Twins are virtual models of the physical product or system they represent. They’re the building blocks for MBE that no longer rely on drawings and static data. To have a comprehensive Digital Twin requires a multifunctional scope and the idea of a Product Digital Twin that can consider process, production, and service.
In the next 15 to 20 years, we expect MBEs to make breakthroughs in generative design for complex assemblies, automated design simulation, advanced manufacturing of complex assemblies, supply chain towers and data assets, information flow, and real-time insights.
Ready to get started? Deloitte’s market-leading digital transformation experience, deep industry knowledge, and a full breadth of services, combined with Siemens’ preeminent digital product development and digital thread capabilities, can help your organization achieve better results and see improvements in development efficiency, faster time to market, reduction of product cost, and a decrease of cost of quality.