Digital twin

From ACT Wiki
Revision as of 13:06, 3 December 2022 by imported>Doug Williamson (Created page with "''Information technology.'' A virtual representation that serves as the real-time digital counterpart of a physical object or process. :<span style="color:#4B0082">'''''Dig...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Information technology.

A virtual representation that serves as the real-time digital counterpart of a physical object or process.


Digital twins can help treasurers
"The use and potential of digital twins is growing...
Being able to dynamically capture and process large amounts of data from multiple sources and using artificial

intelligence techniques such as machine learning to exploit it, is taking digital twins into financial services.

Digital twins can, for example, help treasurers to improve cash and liquidity forecasting or reach business sustainability goals – and they will be building blocks in the metaverse."
Lesley Meall - freelance technology journalist - The Treasurer, Issue 4 2022 - December 2022, p36.


See also