City
Epaper

Indian firms fast adopting Digital Twin tech to boost transformation: Report

By IANS | Updated: June 17, 2024 14:10 IST

New Delhi, June 17 As the government doubles down on the 'Digital Twin' technology adoption, 90 per cent ...

Open in App

New Delhi, June 17 As the government doubles down on the 'Digital Twin' technology adoption, 90 per cent of the enterprises in the country are aware of digital or virtual twins that could play a crucial role in accelerating their growth journey, a report showed on Monday.

According to the report by Dassault Systemes and Nasscom, 45 per cent of 'Virtual Twin' deployments take nearly 12-24 months at each level of product, process, or system virtual twin.

The 'Virtual Twin' adoption in India could play a crucial role in accelerating the design-to-realisation process, helping organisations achieve their sustainability and circularity goals across the value chain.

In India, about 33 per cent of the virtual twin initiatives in life sciences are driven by top leadership (CXOs), compared to just 22 per cent on average

Moreover, 63 per cent of Indian companies deploy 'Virtual Twins' at the product or process level.

“Although full-scale implementations and dedicated budgets remain limited, the focus on optimising assets and processes opens up expansive opportunities,” said Sangeeta Gupta, Senior Vice President and Chief Strategy Officer at Nasscom.

Overcoming hurdles in software procurement, enhancing top-level commitment and ecosystem synergies can unlock groundbreaking innovations, driving industries toward a more efficient and digitally integrated future, she informed.

The government has also launched the 'Sangam: Digital Twin' initiative, that offers a solution by creating virtual replicas of physical assets, allowing for real-time monitoring, simulation and analysis for experimental iterations and feedback loop to adapt to the changes for achieving the best outcomes.

The Department of Telecommunication (DoT) has asked industry pioneers, startups, MSMEs, academia, innovators and forward-thinkers to pre-register and actively participate in Sangam's outreach programmes, "and explore, create, and commit to transform the future of infrastructure planning and design".

“We are encouraged by the significant growth in adoption and the emergence of industry-specific use cases,” said Deepak NG, Managing Director, India, Dassault Systemes.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalIndia-Saudi Arabia energy partnership expands with growing cooperation

Other SportsKIYG 2025: Harshita Jakhar's double gold powers Rajasthan to top of charts

BusinessUK says India FTA to slash tariffs on key products, including whisky, cosmetics, medical devices

NashikNashik to Conduct Mock Drill Exercise on May 7; Full List of Locations and What Citizens Should Know

AurangabadOyster Intel School upholds legacy of 100 pc result

Technology Realted Stories

TechnologyIndia’s 1st human spaceflight scheduled for first quarter of 2027: Minister

TechnologyPaytm Q4 revenue falls 15.7 pc, net loss widens to Rs 544.6 crore QoQ

TechnologyHPCL clocks 18 pc jump in Q4 net profit at Rs 3,355 crore, declares Rs 10.50 dividend

TechnologyGAIL hikes startup investment fund to Rs 500 crore in FY25: Hardeep Puri

TechnologyShingles vaccine can protect heart health up to 8 years: Study