Unlocking the Potential: Exploring the Fascinating World of Digital Twin Technology
Digital twin is a technology that has gained great prominence over the past few years for generating amazing results. The technology emerges in the midst of a movement known as digital transformation, which has revolutionized the way companies relate to their customers, operate, and develop their products and services. What is a Digital Twin? Despite the big boom behind the digital twin the term was conceived in 2002 by Michael Grieves and has since been applied for different purposes. But how could we define a digital twin? Well, the technology consists of a digital [...]
Digital Transformation in the O&M phase
As industrial processes become increasingly complex, more data are collected by sensors and technologies from digital transformation. However, this gathered information is not always centralized and contextualized, making the process of asset integrity management even more difficult. The Fourth Industrial Revolution and the increased investment in new technologies by companies are constantly generating better results in their processes. One of the main gains from this is the improvement of the Operation and Maintenance phase of the industry (one of the most enduring stages of Project Lifecycle Management) with tools that keep up with the complexity of the operation and [...]
Data Contextualization to the O&M Phase
In the last 10 years, the amount of data generated by industries is the largest in history. Despite the growing digitalization of the sector, there is still a great need to contextualize this information to be effectively useful to the industry. In the contextualization process, three questions are fundamental for data processing. What is it? What is it for? and Who is it for? From this, a filtering process begins, the goal of which is to classify data as useful or useless. In addition, the contextualization process is also responsible for formatting the data into usable [...]
Real Business Value Through Digital Transformation
Digital transformation has been a must for many companies in recent years. The digitalization provided by the movement has attracted the attention of many managers trying to encourage transformation within their organizations. Despite being indispensable, not all companies are aware of the real gain provided by digital transformation. In this post, we will clarify the main points of change generated by the movement. What to expect from digital transformation Digital technologies are the main drivers of digital transformation. From the implementation of tools such as Artificial Intelligence, Cloud, and Analytics, companies had access to the necessary tools [...]
The 5 essential steps to implement digital transformation in your industry
Deploying a new digital transformation strategy in an industrial environment can be quite challenging. The process from analysis to the actual implementation of the new tool can take months, and go through the approval of dozens of people. To deal with this bureaucratic journey and achieve effective results, it is necessary to understand which path should be followed in order to minimize problems that may arise and make the process more fluid. Besides that, in the case of large industries, the insertion of new technologies in worker’s daily basis may represent a change in the routine of hundreds of [...]
The role of leadership in industries’ Digital Transformation
The innovation process within industry can be quite bureaucratic. Especially when it comes to large companies, implementing a new technology in the day to day of the workers represents changing the daily routine of hundreds of people, and this requires assertive and precise planning by those responsible for this change. In a scenario empowered by Industry 4.0, the exchange of paper for digital is already proving to be more than necessary to optimize operations and processes. Moreover, in industries that already use digital as the main tool, the need to improve and optimize processes with new technologies has also [...]
How digital transformation can help in industry decarbonization
The C02 emission into the atmosphere, even with the constant efforts for a net zero future, remains quite problematic. In 2019, the three sectors that emitted the most gas worldwide were Electricity and heat producers, Transport, and Industry, reaching values of approximately 14068 Mt, 8222 Mt and 6254 Mt according to the International Energy Agency. In this scenario, seeking greater control of the operation within these sectors, digital transformation appears as essential to monitor the emission of gases into the atmosphere and increase the efficiency of processes, allowing a gradual decarbonization of the industry in general and a sustainable [...]
How you are going to become a reference through Digital Twin
Industries are currently experiencing a strong moment of disruption and digitalization in their operations as a result of digital transformation. The technologies emerging after Industry 4.0 have not only revolutionized the industry, but also brought to the fore a question frequently asked among managers: Which technologies do I really need? And the answer to that question can be quite surprising! Industries & Digital Transformation Hundreds of technologies that promised to revolutionize industrial operations have become popular and have made their way into the sector generating an ever-growing amount of data. However, having digital technologies in the midst [...]
How renewable energy is benefiting Industries
Climate change is a global emergency that needs immediate action. According to the UN, the industrial sector is responsible for at least 21% of the generated emissions, actively contributing to global warming. The industrial sector is well aware of its responsibilities and now is seeking, through digital transformation, to align its operations with ESG (Environmental - Social - Governance) principles. Read more: Key principles for the ESG concept Among all the measures required to align operations with the agreements pre-established by the Paris Agreement is the containment of global temperature by no more than 2º Celsius per [...]
Digital Twin: a solution to mining operations
The mining industries have great challenges ahead of them, but these can be overcome by implementing effective strategies based on digital transformation. Although the mining industries suffered the least from the impact of the pandemic, according to the WPC, the mining industry still has a long way to go in complying with ESG, decarbonization, and safety guidelines in its operations. In addition, the industry has the opportunity to generate greater flexibility, integration, and profitability through innovative Industry 4.0 technologies. Read: Understand how mining companies have adapted to a new model of carbonless operation! The issue of [...]
