- The concept and application of digital twins
have enormous potential to create improvements and value
across a wide variety of industries.
Already playing an important role in industrial companies
and what we know as Industry 4.0,
digital twins are beginning to play a role
in areas such as building information modeling, or BIM,
in modeling entire cities for urban planning and more,
in the healthcare space
including hospitals and the human body,
in the automotive sector,
and even in financial services.
In the years ahead,
this is a subject that is poised to grow substantially.
The market is global
and growth will be particularly rapid in Asian markets.
By taking this course
you've completed an important educational step,
but it's just the beginning.
You might be wondering what you or your organization
should do next.
As an individual,
determine if this is a space you want to transition into
and follow the introductory guidance
I provided in the skills section of the course.
I also recommend researching
some of the leading providers in this space
such as Microsoft, General Electric, Oracle, Siemens,
Dassault Systems, Cisco, and IBM.
Take a look at the startups and smaller players too.
In addition,
consider joining an industry related organization.
Pursue deeper, more specialized education and training.
For organizations who identify with a potential need,
I suggest the following three steps.
First, assess where you are.
Ask questions such as what kind of systems and data
are currently available.
Next, define what you see
as the value for your organization.
Explore what some objectives look like.
Finally, if you do decide to move forward,
pay attention to change management.
This includes people, processes, and technology.
Digital twins force us to think differently.
It also enables new capabilities
and introduces new challenges.
Positive outcomes won't come overnight,
and they will certainly be hindered
if the implementation isn't well considered.
If you want to learn more
about the fourth industrial revolution,
and particularly Industry 4.0,
and what it might mean to you and your organization,
I would recommend watching my course on LinkedIn Learning
called Foundations of The Fourth Industrial Revolution.
I hope you found this introductory course useful.
Thank you so much for watching, good luck.