b) design through Digital Twins Digital Twins have become an integral part of the manufacturing process, being used both as a tool and as a mirror of the product being manufactured. Actually, several companies are now starting to use digital twins in the design phase and in doing so they …
Read More »Megatrends for this decade – XII
11. Insurance: from “recovery after risk” to “prevention of risk” Today we insure our home, our car … ourselves from accidents and insurers evaluate the risk such accident may happen. To do that they are using statistics and more and more try to customise the risk evaluation to be as …
Read More »Megatrends for this decade – I
The ongoing pandemic was nowhere to be seen in 2019 (although several people in the previous 10 years have been warning that one pandemic was due -statistically we get a major one every 100 years) and hence it was not taken into account in laying forecast for the incoming decade. …
Read More »6G does not exist, yet it is already here! – XV
IoT Internet of Things, IoTs, is a ubiquitous presence in today’s world, Google for it and you get numbers ranging from 20 billions to over 50 billions as of 2020. 30 billion difference in the estimate is no peanuts and it reflects both the difficulty in counting them as well …
Read More »6G does not exist, yet it is already here! – X
OK, it is now time to consider a “real” wireless network! Smartphones, complex IoTs or aggregates of IoTs (like vehicles), have been addressed to as “terminals”. In fact, it is now a few years that in several occasions this name no longer apples. Think at the tethering supported by your …
Read More »The future of battery is … no battery
We live in a world of energy, continuously fuelled by the Sun (and, in a minimal part, by radioactive decade). Energy as such is no good. What is needed is to transform one form of energy into another one. We use gasoline (chemically stored energy) and by combining it with …
Read More »The economics of the Digital Transformation – XX
– Improve cooperative working exploiting complementary knowledge CDTs can be considered as active knowledge repositories: the keypoint is “active”. They can establish relations with other CDTs and explore the cyberspace to become aware of new knowledge and how that knowledge complement / obsolete their own knowledge. Within a firm there …
Read More »The economics of the Digital Transformation – XIV
Smart Contracts Once economy moves to the cyberspace as result of the Digital Transformation so need to do contracts. Blockchain link transactions into a trusted flow and process data as they are stored. The decision on what to do with those data can be regulated using “smart contracts”. These mirror …
Read More »The economics of the Digital Transformation – VIII
Cognitive Digital Twins A Digital Twin, as explained in the previous posts, is the sum of three data sets: one representing the model of the physical entity one representing the current status of the physical entity one recording the history of the physical entity, including the relations it had (like …
Read More »The economics of the Digital Transformation – VII
Digital Twins as independent economic entities Digital Twins are evolving rapidly. It started in the last decade with them being used as digital “mock-ups”, created by CAD systems. These mock-ups were refined till they could be used as digital specs for interaction with various groups in the company and with …
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