With increased adoption across industries to effectively manage critical activities, the digital twin market is experiencing rapid growth. Having the ability to analyze future performances or scenarios without disrupting current activities allows any organization to save money, effort, and time. Additionally, the need for detecting faults beforehand has also spurred the need for digital twins.
According to Graphical Research, North America’s digital twin market is expected to become worth nearly $1.5 billion in valuation over the coming years. There has been a growing need for improving the design and performance of the products and services among the regional producers.
With e-Magic’s TwinWorX software, users will see improved customer experience, and our FDD analytics are a proven solution that can provide faults, prioritize faults based on costs, minimize downtime, increase safety and reduce operating costs.