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DXC Technology Cites Digital Twins as Business Imperative for Enterprises Across SectorsDXC Technology (NYSE: DXC) today cited digital twins as a business imperative for the next evolution of digital enterprises. Digital twins take advantage of the vast amounts of data from connected devices to provide a detailed, data-based model of a physical system. As the internet of things (IoT) connects more and more of these devices within organizations, virtual simulations of physical environments are becoming an increasingly critical piece of an enterprise digital strategy. According to IDC, 30% of G2000 companies will be using data from digital twins of IoT-connected products and assets in 2020, achieving gains of up to 25% in optimization of product development and overall equipment effectiveness.1 "Digital twins have grown to become one of the most useful tools in an enterprise's toolkit," said Dan Hushon, senior vice president and chief technology officer, DXC. "By simulating physical environments in a virtual world, organizations are able to make predictions and understand things like propensity to buy, performance boosters, even a patient's wellness trajectory." While pioneering manufacturers first used digital twins decades ago, recent advancements in artificial intelligence (AI) and high-performance computing (HPC) are spurring their use by mainstream enterprises today. With the vast processing power of HPC diverse industries have applied digital twins to scale simulations, shorten development timeframes and derive tangible business results. Some of the growing vertical use cases include:
"Initiatives such as digital manufacturing/industrial IoT aim to generate intelligence from volumes of data (from devices, equipment and controllers) beyond what we are used to in the enterprise," said Mike Smart, senior analyst and operations officer, NelsonHall. "HPC will help to address this explosion of data generated by digital manufacturing projects such as digital twins." Backed by extensive service integration capabilities and world-class HPC experts, DXC helps businesses create replicated models and simulations with digital twins across industries, providing visibility into system performance before physical processes and products are completed. Learn more about DXC's initiatives with digital twins here. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. With decades of driving innovation, the world's largest companies trust DXC to deploy our enterprise technology stack to deliver new levels of performance, competitiveness and customer experiences. Learn more about the DXC story and our focus on people, customers and operational execution at www.dxc.technology. 1 IDC FutureScape: Worldwide IoT 2018 Predictions, Doc # US43161517, October 2017 View source version on businesswire.com: https://www.businesswire.com/news/home/20200122005130/en/ |