As an executive in the tech industry, I’ve witnessed the evolution of digital transformation and its impact on organizations up close over the last 10-15 years. The concept of using technology to enhance customer connections and improve outcomes has been a driving force for many years. But I believe we are now entering a new era that may take this idea to unprecedented heights — the era of digital Twin. Digital twin technology has the power to revolutionize the way organizations operate and interact with each other and with their customers. It might be one of the most exciting areas of the mix ..read more

How IoT and Digital Twin technology work together to bring about Digital Transformation Here’s a very simple formula for Digital Transformation: IoT * Digital Twin => Digital Transformation What this says is that Digital Transformation is a result of the product of IoT and Digital Twin technology. It’s a product because the elements of IoT and the elements of Digital Twin are cross-factored in the solution. Here’s how these buzzwords are being used in this context: Digital Transformation uses digital technology to radically improve the way decisions are made in a system. It it often describ ..read more

As one of the leading digital twin companies, TwinThread has already established itself as the world’s first cloud-native industrial SaaS, combining digital twins with emerging and groundbreaking technologies like artificial intelligence to prioritize and ensure continuous developmental initiatives that regulate process and asset quality, throughput, authenticity, and sustainability. TwinThread is driven by a powerful mission to empower manufacturers and field-based equipment providers worldwide to transition from reactive to predictive to autonomous operations. The company’s goal is to delive ..read more

Navigating the transformation to meet evolving business needs presents a myriad of challenges to companies across all industries. However, in the warehousing and logistics sector, Vimaan has emerged as the front-runner, spearheading the development of leading-edge digital twin solutions that deliver unprecedented insights on constantly changing inventory data. Vimaan’s pioneering efforts have earned it the distinction of being the first computer vision company to receive investment from Amazon through its Industrial Innovation Fund. As the operator of the world’s busiest warehouses and fulfill ..read more

The digital twin technology has taken over the industry as one of the state-of-the-art emerging technologies. As the leading spatial data company and one of the best digital twin leaders, Matterport has perfected the art of this revolution and is on a mission to empower businesses and sectors clamoring to digitize and index their operations. Through its unique approach and all-in-one 3D data platform, Matterport offers an effective solution to turn a space into an immersive digital twin to enhance the client experience and use the twin model to design, operate, and get insights into any space ..read more

One of the critical fundamentals of today’s competitive economy is ensuring the final product is of superior quality, passes all stages of the implementation cycle, and is built on proper research and data. Bentley Systems makes it possible for companies to deliver the best products and services by gaining insights needed to refine products before entering production. With its diverse range of digital twin software and solutions, Bentley Systems effectively digitalizes physical assets, giving a comprehensive overview of their characteristics, performance, and room for improvement. As one of th ..read more

Engineering simulation technology is an integral part of product development. However, as digitalization brings forth more innovative and emerging technologies, advanced embedded sensors are expanding their functionality beyond product design and venturing into creating digital twins. As a renowned digital twin leader, Ansys is leveraging the advent of new technologies to create digital twins that perform real-time systems analysis, schedule predictive maintenance, and implement optimizations. The Ansys Twin Builder is Ansys’ contribution to the digital twin landscape, where companies can impl ..read more

CIOCoverage is an official Media Partner with PAY360 Awards 2024 starting from October 2nd 2024. The PAY360 Awards celebrates innovation and collaboration by recognising companies that have made significant advances in how we pay today. Now in its 17th year, The PAY360 Awards is the most prestigious event of the year for the UK payments industry. Attended by over 950 of the most senior executives from across the payments value chain, it is an amazing opportunity for you to showcase your business. Ensure your business is represented in a room full of winners and network with the movers and shak ..read more

CIOCoverage is an official Media Partner with Pharmacovigilance World 2024 starting from Sept 11th 2024. The Pharmacovigilance World 2024 will serve as a knowledge-sharing and networking platform, providing a unique opportunity for researchers, pharmacists, healthcare professionals, industry representatives, and regulatory authorities to come together and discuss the latest trends, challenges, and advancements in pharmacovigilance. By sharing experiences and best practices, we aim to enhance global drug safety and improve patient outcomes. Throughout the conference, we will delve into various ..read more

Neysa, a Mumbai-based startup specializing in artificial intelligence (AI) cloud and platform-as-a-service, intends to use the newly acquired funds to enhance its infrastructure, bolster its research and development team, and invest in sales and marketing efforts. Neysa, a Mumbai-based startup specializing in artificial intelligence (AI) cloud and platform-as-a-service, has secured $20 million (approximately INR 166 crore) in a funding round led by Matrix Partners India, Nexus Venture Partners, and NTTVC. Founded by Sharad Sanghi, the founder of data centre services provider Netmagic, Neysa in ..read more