Corporate survival in Industry 4.0 era: the enabling role of digital twin technologies
In Industry 4.0 era high-tech companies have digitally transformed production and have taken the lead globally. Among the many advanced technologies, the digital twin is the unifier of many cross-cutting digital technologies, acting as a driver of digital transformation, enabling breakthroughs and a...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2021-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/49/e3sconf_interagromash2021_08098.pdf |
| _version_ | 1818435603339935744 |
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| author | Serbulova Natalia |
| author_facet | Serbulova Natalia |
| author_sort | Serbulova Natalia |
| collection | DOAJ |
| description | In Industry 4.0 era high-tech companies have digitally transformed production and have taken the lead globally. Among the many advanced technologies, the digital twin is the unifier of many cross-cutting digital technologies, acting as a driver of digital transformation, enabling breakthroughs and allowing companies to move to new levels of sustainability and industrial leadership in global markets. The paper has sought to identify generalized characteristics of the digital twins. The results can be used to classify what is a digital twin. After providing a digital twin definition and characterization, the process of practical implementation of digital twins in different industries has been examined. The key drivers and limiting factors of digital twin implementation strategies are also discussed to inspire future studies. The research was based on the digital twins’ impact analysis on various industries using leading industry data sources, analytical reports, international indexes and indicators. |
| first_indexed | 2024-12-14T16:55:30Z |
| format | Article |
| id | doaj.art-1c3f991c07114cfc8d7904ec0a820e05 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-14T16:55:30Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-1c3f991c07114cfc8d7904ec0a820e052022-12-21T22:53:57ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012730809810.1051/e3sconf/202127308098e3sconf_interagromash2021_08098Corporate survival in Industry 4.0 era: the enabling role of digital twin technologiesSerbulova Natalia0Don State Technical UniversityIn Industry 4.0 era high-tech companies have digitally transformed production and have taken the lead globally. Among the many advanced technologies, the digital twin is the unifier of many cross-cutting digital technologies, acting as a driver of digital transformation, enabling breakthroughs and allowing companies to move to new levels of sustainability and industrial leadership in global markets. The paper has sought to identify generalized characteristics of the digital twins. The results can be used to classify what is a digital twin. After providing a digital twin definition and characterization, the process of practical implementation of digital twins in different industries has been examined. The key drivers and limiting factors of digital twin implementation strategies are also discussed to inspire future studies. The research was based on the digital twins’ impact analysis on various industries using leading industry data sources, analytical reports, international indexes and indicators.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/49/e3sconf_interagromash2021_08098.pdf |
| spellingShingle | Serbulova Natalia Corporate survival in Industry 4.0 era: the enabling role of digital twin technologies E3S Web of Conferences |
| title | Corporate survival in Industry 4.0 era: the enabling role of digital twin technologies |
| title_full | Corporate survival in Industry 4.0 era: the enabling role of digital twin technologies |
| title_fullStr | Corporate survival in Industry 4.0 era: the enabling role of digital twin technologies |
| title_full_unstemmed | Corporate survival in Industry 4.0 era: the enabling role of digital twin technologies |
| title_short | Corporate survival in Industry 4.0 era: the enabling role of digital twin technologies |
| title_sort | corporate survival in industry 4 0 era the enabling role of digital twin technologies |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/49/e3sconf_interagromash2021_08098.pdf |
| work_keys_str_mv | AT serbulovanatalia corporatesurvivalinindustry40eratheenablingroleofdigitaltwintechnologies |