90 Days14%
365 Days41%
3 years29%
5 years9%
7 years7%
Other (share in the comments)
The case will settle; zero to minimal impact70%
Yes! But effects and repercussions are unknown30%
No selling.
No recruiting.
No self promotion.
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Hi,
first of all, let me refer on the following paper:
Hendrik van der Valk, Joachim Hunker, and Markus Rabe (Technische Universität Dortmund) and Boris Otto (Fraunhofer Institute for Software and Systems Engineering ISST, Technische Universität Dortmund): "Digital Twins in Simulative Applications: A Taxonomy", see: https://informs-sim.org/wsc20papers/278.pdf
This paper tries to comprehensively distinguish between simulation and digital twins on a scientific basis.
Simulation models are firstly aiming to mimic an non-existent system and environment to ensure that the proposed solution is feasible and meets the customer's requirements. It might be enhanced for emulation purposes to assist development. In a later stage by linking the simulation model online to the real system, it may be extended to a digital twin.
As I am coming from simulation engineering, for me the simulation model builds a profound basis for the pathway to decision automation. A autonomous running simulation model must contain sufficient reliable and resilient methods for automated decision making to perform a full model run.
Simulation does normally NOT include optimization. Optimization can either be done by result analysis and discovering improvements / spare unneeded resources.