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Showing results for tags 'Business case'.
For me, Digital Twins are for acquiring, maintaining and exploiting Data - as a means to an end. We need to shift the typical focus of many organisations away from technology and "IT" towards understanding this perspective. I think the real value comes from thinking about Data Flows and not just the Data (store / Lake / whatever). This is my perspective also in the context of Asset Management. I am not associated with Anmut, but I recommend this well-written Report. (They have collaborated with Highways England to do some extremely exciting and useful work re Gemini.) https://anmut.
Enterprises creating digital twins have a need to understand the benefits their digital twins bring to their own operation but also the benefits which accrue to their customers, supply chain, local community, industry network and relevant government bodies. An understanding and harnessing of these benefits has the potential to drive not only individual business cases but also impact regional development spend, regulatory price controls and national policy. In response to this need, CDBB commissioned a piece of work to create a logic model to find a consistent way to describe the benefi
Predicting the future is something intrinsic to the human condition. Whether we are thinking about lunch, retirement, or developing a world-shaking invention like the iPhone. What if the biggest barrier to realising the potential of innovation is not technology, but belief? Predictions of the future from the 1950s included people flying around in their own helicopters to do their daily chores. Ignoring the acceptability of helicopters powering up and blowing the contents of everyone’s gardens everywhere, this future could have happened. There is no technological boundary to everyone havin
iain miskimmin posted a topic in General discussionOne might argue that the foundation for any Digital twin is understanding what information is required for the business to exist and deliver on its strategy and client needs. Without this, how do we know what information to include in our Digital Twin and how our assets are performing in carrying out this objective? I'm delivering a 3 hours free webinar on the 12th August to show a simple method for extracting OIRs from an executive document and specifying what is critical to understanding the business benefits to owning a Digital Twin. be great if you can join me!https://lnkd.i