Ricardo has become a “Groundbreaker,” one of a handful of international companies collaborating in the newly formed Digital Twin Consortium, which seeks to drive consistency in vocabulary, architecture, security and interoperability. Led by a steering committee consisting of Ansys, Dell, Lendlease and Microsoft, the open membership Consortium represents an international ecosystem of industry leaders that are influencing digital twin development, usage and standards requirements.
“Understanding and applying data from products as they are being used provides the ability to precisely meet customers’ expectations, as opposed to abstracting insights from obscure cross-sections of the market. ”
Physics-based digital twins – virtual models of a process, product or service that allow for data analysis and system monitoring via simulations across a product’s lifecycle – enable continuous engineering and improved product design, reduce cost and time for testing, validation and deployment of new features, and have the power to generate predictive and actionable insights.
“Digital Twins offer transport and mobility companies the potential of rapidly developing better, cost-effective products,” says Marques McCammon, president of Ricardo, Inc., the Ricardo subsidiary leading the company’s involvement in the new Consortium. “Understanding and applying data from products as they are being used provides the ability to precisely meet customers’ expectations, as opposed to abstracting insights from obscure cross-sections of the market.
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“Data is not new in transportation, but with next-generation vehicles generating petabytes of daily data, having a proper framework for applying the data is critical to activating digital technologies. With our design and development, testing and validation, and operation and maintenance experience, Ricardo can help architect the application of digital twins, aligning with Consortium partners to make this technology real for the market.”
In addition to Ricardo, the open membership Digital Twin Consortium, which unites industry, government and academia to drive consistency in vocabulary, security and interoperability, includes Air Force Research Lab (US), Bentley Systems, Executive Development, Gafcon, Geminus.AI, Idun Real Estate Solutions AB, imec, IOTA Foundation, IoTIFY, Luno UAB, New South Wales Government, Willow Technology and WSC Technology.
