Essentials Report

Digital Twins, Process Intelligence, And Simulation Drive Process Improvements

How To Find The Lazy Machine That Reroutes All The Orders

March 27th, 2024
Bernhard Schaffrik, Principal Analyst
Bernhard Schaffrik Principal Analyst
With contributors:
Pascal Matzke , George Lawrie , Paul Miller , Merve Kandemir , Demi Starks

Summary

Process intelligence tools are enjoying a revival, process simulation software adoption is extending beyond classic manufacturing processes, and digital twin use cases are expanding from covering single assets to whole plants. While these three tools enable data-based operational and strategic decisions, they’re often confused and overestimated, resulting in misguided investments and wrong conclusions. This report explains the purpose and evolution of digital twins, process intelligence, and simulation, their overlaps, and preconditions for successful use.

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