21 Jan The Digital Twin and its Paramount Importance to IoT
Posted at 04:00h
in 1. IOT COMPONENTS, 3. BUSINESS, COMMERCIAL IOT, INDUSTRIAL IOT, IoT Platform, Vendor, Videos
Episode 38
The digital twin, as GE refers to it, or the software-defined product (SDP) as I teach it, is the critical component of incremental value generation in the Internet of Things. It’s always overlooked at the expense of the shiny things… and that’s a mistake. The digital twin or SDP is central to the IoT product/system/environment – interrogated by the product app and worked on and improved by analytics – it is the place to start when defining your IoT product requirements.
Here’s What We’ll Cover in this Video:
- Differences between M2M and IoT.
- Size of the IoT semiconductor market in 2020.
- The digital twin.
- Building versus buying an IoT platform.
- Pricing model for the Predix platform.
Watch this video to see Hima Mukkamala explain the importance of the digital twin and to put it into the perspective of the IoT platform.
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Mentioned in this Episode and Other Useful Links
- Find out more about GE Predix at, http://www.ge.com/digital/predix
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