Draft:Digital Twin Consortium

Digital Twin Consortium / Object Management Group Discuss Space Mission IT Challenges at IEEE Conference

Retrieved on: 
Thursday, July 15, 2021
Augmented reality, Digital twin, Unified Modeling Language, Object Management Group, Twin, Draft:Digital Twin Consortium

BOSTON, MA, July 15, 2021 (GLOBE NEWSWIRE) -- Digital Twin Consortium and Object Management Group (OMG) announced they will present mini-workshops during the 8th IEEE International Conference on Space Mission Challenges for Information Technology (SMC-IT 2021), which runs virtually from July 26-30, 2021.

Key Points: 
  • BOSTON, MA, July 15, 2021 (GLOBE NEWSWIRE) -- Digital Twin Consortium and Object Management Group (OMG) announced they will present mini-workshops during the 8th IEEE International Conference on Space Mission Challenges for Information Technology (SMC-IT 2021), which runs virtually from July 26-30, 2021.
  • Digital Twin Consortium speakers will explore the role of digital twins and enabling technologies in tackling space IT challenges.
  • Digital Twin Consortium is The Authority in Digital Twin.
  • Digital Twin Consortium is a program of Object Management Group.

Digital Twin Market Size Worth $86.09 Billion by 2028 | CAGR: 42.7%: Grand View Research, Inc.

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Tuesday, May 18, 2021
Augmented reality, Digital twin, Twin, UST, Academic disciplines, Draft:Digital Twin Consortium

b'SAN FRANCISCO, May 18, 2021 /PRNewswire/ -- The global digital twin market size is anticipatedto reach USD 86.09 billion by 2028, according to a new study by Grand View Research Inc.

Key Points: 
  • b'SAN FRANCISCO, May 18, 2021 /PRNewswire/ -- The global digital twin market size is anticipatedto reach USD 86.09 billion by 2028, according to a new study by Grand View Research Inc.
  • The spread of COVID-19 has expedited the adoption of digital twins in specific end-use industries.
  • Furthermore, end-use industries are increasingly demanding digital twin portfolios capable of addressing specific requirements, and the leading market players are responding to this growing demand by offering different digital twin solutions tailored for specific end-use industries.
  • Individualized digital twins are prompting end-users to adopt digital twins across their value chain, thereby driving the market growth.\nGrand View Research has segmented the global digital twin market on the basis of end-use and region:\nDigital Twin End-use Outlook (Revenue, USD Million, 2017 - 2028)\n'

Digital Twin Market Size Worth $86.09 Billion by 2028 | CAGR: 42.7%: Grand View Research, Inc.

Retrieved on: 
Tuesday, May 18, 2021
Augmented reality, Digital twin, Twin, UST, Academic disciplines, Draft:Digital Twin Consortium

b'SAN FRANCISCO, May 18, 2021 /PRNewswire/ -- The global digital twin market size is anticipatedto reach USD 86.09 billion by 2028, according to a new study by Grand View Research Inc.

Key Points: 
  • b'SAN FRANCISCO, May 18, 2021 /PRNewswire/ -- The global digital twin market size is anticipatedto reach USD 86.09 billion by 2028, according to a new study by Grand View Research Inc.
  • The spread of COVID-19 has expedited the adoption of digital twins in specific end-use industries.
  • Furthermore, end-use industries are increasingly demanding digital twin portfolios capable of addressing specific requirements, and the leading market players are responding to this growing demand by offering different digital twin solutions tailored for specific end-use industries.
  • Individualized digital twins are prompting end-users to adopt digital twins across their value chain, thereby driving the market growth.\nGrand View Research has segmented the global digital twin market on the basis of end-use and region:\nDigital Twin End-use Outlook (Revenue, USD Million, 2017 - 2028)\n'

Digital Twin Consortium Open-Source Collaboration Community to Drive Digital Twin Adoption

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Wednesday, May 12, 2021
Augmented reality, Digital twin, Interoperability, Draft:Digital Twin Consortium

b'Boston, MA, May 12, 2021 (GLOBE NEWSWIRE) -- Digital Twin Consortium \xc2\xae (DTC) announced an open-source collaboration community to accelerate the adoption of digital twin-enabling technologies and solutions.

Key Points: 
  • b'Boston, MA, May 12, 2021 (GLOBE NEWSWIRE) -- Digital Twin Consortium \xc2\xae (DTC) announced an open-source collaboration community to accelerate the adoption of digital twin-enabling technologies and solutions.
  • "Our Open-Source Collaboration Community will also accelerate the adoption of digital twins and drive business transformation.
  • "Our Open-Source Collaboration Community initiative will substantially expand the DTC ecosystem and facilitate the adoption of digital twin and digital twin enabling technologies.
  • It coalesces industry, government, and academia to drive consistency in vocabulary, architecture, security, and interoperability of digital twin technology.

Frost & Sullivan Examines How Developers Can Deliver Digital Twin Solutions to Resolve Infrastructure Challenges

Retrieved on: 
Wednesday, April 14, 2021
Augmented reality, Digital twin, Cloud infrastructure, Draft:Digital Twin Consortium, Digital transformation

Digital twins provide the ability to derive insights, improve collaboration, view real-time interactions, and improve decision-making from anywhere.

Key Points: 
  • Digital twins provide the ability to derive insights, improve collaboration, view real-time interactions, and improve decision-making from anywhere.
  • Many software vendors and engineering firms are interested in building digital twin solutions but quickly face two options: invest in developing their digital twin technologyan effort that can take years to build, deploy, scale, and maintainor use an open platform that can quickly bring digital twin solutions to market while reducing risk and avoiding vendor lock-in.\n"There is a clear market requirement for well-developed, open platforms to create digital twins and digital twin applications for infrastructure," said Seth Cutler, Principal Consultant, Energy & Environment Practice at Frost & Sullivan.
  • "While Bentley has created digital twin solutions to meet some of these needs, the demand for digital twins is too large for any one vendor to address.
  • It would not be possible for us to create solutions that meet the diverse range of needs across all infrastructure facets.

Frost & Sullivan Examines How Developers Can Deliver Digital Twin Solutions to Resolve Infrastructure Challenges

Retrieved on: 
Wednesday, April 14, 2021
Augmented reality, Digital twin, Cloud infrastructure, Draft:Digital Twin Consortium, Digital transformation

Digital twins provide the ability to derive insights, improve collaboration, view real-time interactions, and improve decision-making from anywhere.

Key Points: 
  • Digital twins provide the ability to derive insights, improve collaboration, view real-time interactions, and improve decision-making from anywhere.
  • Many software vendors and engineering firms are interested in building digital twin solutions but quickly face two options: invest in developing their digital twin technologyan effort that can take years to build, deploy, scale, and maintainor use an open platform that can quickly bring digital twin solutions to market while reducing risk and avoiding vendor lock-in.\n"There is a clear market requirement for well-developed, open platforms to create digital twins and digital twin applications for infrastructure," said Seth Cutler, Principal Consultant, Energy & Environment Practice at Frost & Sullivan.
  • "While Bentley has created digital twin solutions to meet some of these needs, the demand for digital twins is too large for any one vendor to address.
  • It would not be possible for us to create solutions that meet the diverse range of needs across all infrastructure facets.

Digital Twin Consortium Announces Liaison with Global Mining Guidelines Group

Retrieved on: 
Thursday, April 1, 2021
Augmented reality, Digital twin, Mining, Draft:Digital Twin Consortium

Boston, MA, April 01, 2021 (GLOBE NEWSWIRE) -- Digital Twin Consortium and Global Mining Guidelines Group have entered into a liaison agreement to help solve mining industry challenges by enabling the development and adoption of digital twin technologies.

Key Points: 
  • Boston, MA, April 01, 2021 (GLOBE NEWSWIRE) -- Digital Twin Consortium and Global Mining Guidelines Group have entered into a liaison agreement to help solve mining industry challenges by enabling the development and adoption of digital twin technologies.
  • We are excited about our collaboration with Global Mining Guidelines Group, said Dan Isaacs, Chief Technical Officer, Digital Twin Consortium.
  • In support of industry progress, GMG is pleased to work alongside Digital Twin Consortium to facilitate education, alignment and adoption of digital twin technologies within mining.
  • The Global Mining Guidelines Group (GMG) accelerates the implementation of innovative technologies into the mining industry by bringing together all mining stakeholders to create guidelines that respond to common challenges.

Digital Twin Consortium Partners with LF Edge on Digital Twin/Edge Platform Interoperability

Retrieved on: 
Tuesday, March 30, 2021
Architectural pattern, Augmented reality, Digital twin, Microservices, Interoperability, Technology, Draft:Digital Twin Consortium, Articles

Through the liaison, Digital Twin Consortium will work closely with LF Edge's EdgeX Foundry , an open-source, loosely coupled microservices framework.

Key Points: 
  • Through the liaison, Digital Twin Consortium will work closely with LF Edge's EdgeX Foundry , an open-source, loosely coupled microservices framework.
  • Specifically, explore EdgeX's adoption of the Digital Twin Consortium digital twin reference architecture patterns to demonstrate interoperability.
  • "The agreement between LF Edge and Digital Twin Consortium sets the stage for a collaboration that will facilitate the integration of edge platforms and digital twin technologies."
  • Digital Twin Consortium is The Authority in Digital Twin.

Digital Twin Consortium Announces Liaison with Smart Water Networks Forum

Retrieved on: 
Thursday, March 4, 2021
Augmented reality, Digital twin, Draft:Digital Twin Consortium

BOSTON, March 4, 2021 /PRNewswire-PRWeb/ -- Digital Twin Consortium and the Smart Water Networks Forum (SWAN) have entered into a liaison agreement to contribute the creation and development of digital twin technologies.

Key Points: 
  • BOSTON, March 4, 2021 /PRNewswire-PRWeb/ -- Digital Twin Consortium and the Smart Water Networks Forum (SWAN) have entered into a liaison agreement to contribute the creation and development of digital twin technologies.
  • "Digital twins are redefining the planning, design, and operation of water infrastructure," said Casey Mullen, Distinguished Architect for Federated Digital Twins, Bentley Systems and Digital Twin Consortium Steering Committee member.
  • SWAN, the Smart Water Networks Forum is the leading global hub for the smart water sector.
  • Digital Twin Consortium is The Authority in Digital Twin.

Digital Twin Consortium and FIWARE Foundation Join Forces to Accelerate Digital Twin Technology Adoption

Retrieved on: 
Wednesday, February 17, 2021
Augmented reality, Digital twin, Draft:Digital Twin Consortium

and BERLIN, Germany, Feb. 17, 2021 /PRNewswire-PRWeb/ -- Digital Twin Consortium and FIWARE Foundation have entered into a collaborative agreement to accelerate the development, deployment, and wide-scale adoption of open digital twin technologies.

Key Points: 
  • and BERLIN, Germany, Feb. 17, 2021 /PRNewswire-PRWeb/ -- Digital Twin Consortium and FIWARE Foundation have entered into a collaborative agreement to accelerate the development, deployment, and wide-scale adoption of open digital twin technologies.
  • Joining forces with Digital Twin Consortium will boost the benefits for the FIWARE Community and end users that are adopting digital twin technologies," complemented Ulrich Ahle, Chief Executive Officer, FIWARE Foundation.
  • FIWARE Foundation will actively contribute to Digital Twin Consortium's Working Groups and both organizations will disseminate the results of their collaboration through regular events and seminars, reassuring their commitment to driving wide-scale adoption of open digital twin technologies.
  • Digital Twin Consortium is The Authority in Digital Twin.