SupplyChain Magazine October 2020 | Page 57

“ Digital twins have been a key force behind the improvements in supply chains and the digitalisation of industries has increased margins and operational performance in good times , whilst allowing industries to adapt better in the bad ”

— Ravi Gopinath , Chief Cloud Officer and Chief Product Officer , AVEVA
production data or supply chain data . “ Digital twins support the entire lifecycle , from design time , through construction and commissioning , all the way through to operations ,” says Gopinath . “ While there is value in just collecting current and historical data for analytics , the real power of the digital twin is realised when it covers the full asset lifecycle . This makes it a single repository for the information needed by both the operations and maintenance of a plant or an organisation ’ s supply chain . In addition , this critical engineering and operational data enables the use of big data analytics , such as planning , optimisation and predictive analytics .”
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