PYMNTS.com January 17, 2025
The problem with the phrase “buzzword” is the unspoken implication that the technologies and innovations being labeled as such don’t provide real value, at least not yet.
Digital twins, and the industrial metaverse more broadly, have for years been buzzwords hovering around the industrial economy, a landscape traditionally characterized by heavy machinery, sprawling supply chains and capital-intensive processes.
But as industrial sectors, and other complex and sophisticated areas like medicine, healthcare and even the defense industry, continue their digital renaissance, central to this transformation is the ongoing maturation of two technologies: artificial intelligence (AI)-powered spatial computing and digital twins. Together, they look increasingly poised to redefine how industries design, manage, and optimize physical operations, merging the digital and physical worlds...
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