Creating complex digital twins requires sharing intellectual property
Digital-twin technology is attractive to businesses trying to get the most out of their physical assets and increasingly to organizations attempting a systematic study of complex systems, such as smart cities and oil-and-gas supply chains.
The announcement last month of the Digital Twin Consortium is an attempt to make digital twin technology more powerful and usable than ever before, through addressing one of the key problems slowing down its development: interoperability. The consortium is an open-standards organization under the auspices of the Object Management Group, backed by Microsoft, Dell, Ansys and Lendlease, among many others.
Source:: IT news – Networking