Anonymous, Oil and Gas Technology, August 8, 2019
Original article published on Oil and Gas Technology.
How digital twins will drive innovation in the energy sector
Anne-Marie Walters explains, in a great article written for Oil and Gas Technology, how digital twins can be used to improve the energy industry by reducing cost and increasing productivity. Digital twins' ability to be continuously updated makes them invaluable to industries such as the energy sector. This is because it gives them the ability to discover information about any asset in real-time through a constant river of news, meaning they can predict when a fault may occur, optimising the performance of their assets and ensuring the overall smooth running of their business.
Many organisations are keen to utilise digital twin technology, because of the many benefits, but are often overwhelmed and unsure of where to start. Iotic make the process simple, by providing the user with a single app solution - one interoperable ecosystem that integrates all a company's assets and data into one place, allowing them to comprehensively communicate with one another, virtually. Through this ecosystem, a business can collate all the data on any particular asset, whether this is a single piece of machinery or an entire plant, and receive a single river of news about it, accumulating any data from internal and external data sources that may affect the asset. This ensures that the user is able to understand how the asset is functioning and when it might not be working correctly, as well as enabling predictions to be made about the asset based on external factors that may affect its functioning.
This technology is available to you, right now. Find out more on our website.