Digital Twin Technology Driving the Fusion of Reality & Data, NVDA/ WIMI Boost the Industry Development
Significant progress is being made in the field of digital twin technology, which is bridging the gap between the physical and digital worlds by using machine learning models and historical and real-time data to create virtual replicas of tangible items.
A Significant Update for NVIDIA Omniverse
A major update exhibiting new 3D models based on the OpenUSD standard for use in the Omniverse platform will be revealed on March 18th, the opening day of the GTC conference, according to NVIDIA’s (NVDA) official website. In order to create the digital world and eventually achieve digital twins, this update incorporates genuine materials and physical models.
Samsung (SSNGY) is reportedly going to start testing NVIDIA’s digital twin technology, which is built on the Omniverse platform, in an effort to increase the yield of semiconductor chip production processes. It is expected that the use of this technology in semiconductor chip manufacturing will lower defect rates and increase the output of high-quality products.
Digital twins are unquestionably one of the key technology applications in the era of the digital economy, constantly increasing their application range and generating new market value. The Chinese digital twin market is expected to reach 37.5 billion yuan by 2025, having already crossed the 100 billion yuan threshold, according to reports from industry evaluation agencies.
The Digital Twin Sector Enters a Growth Stage
The idea of a “digital twin,” which revolves around the coexistence of virtual and real worlds, is not the same as the biological concept of cloning. Through the Internet of Things, clones in the digital realm can establish real-time bidirectional connectivity. This feature allows digital twins to integrate underlying data knowledge and facilitate accurate and efficient simulation prediction, which in turn allows for optimized decision-making in the real world.
The digital twin sector has been growing in recent years, especially in light of the industrial internet and digital economy’s rapid expansion. Currently, virtual simulation and detection analysis represent the two main application scenarios of digital twins from the standpoint of application scenarios. Future prospects for digital twin technology are promising across a wide range of industries, but they are particularly promising in the areas of digital twin-powered smart cities, smart parks, smart factories, and smart buildings.
WiMi Develops Integrated Digital Twin Applications Across Multiple Domains
With a bright future ahead of it, the digital twin technology sector is clearly still developing and growing. Based on publicly available data, WiMi Hologram Cloud (NASDAQ: WIMI) is one of the few top technology companies in the space with fully integrated, in-house artificial intelligence and digital twin technologies. The business has carried out extensive research and development in a number of domains, including cloud computing, big data, and the Internet of Things. It has started to expand its market applications into the smart, digital twin, and digital information industries.
WiMi is currently fully utilizing the product and technological advantages of top companies in cloud computing, data centers, the Internet of Things, and ecological construction. This is due to its extensive accumulation and technological precipitation over the years in the field of technological construction. It is actively releasing the potential of digital twin technology and making efforts in the field of intelligent digital transformation. It is progressively integrating new technologies with industries and consistently offering multi-scenario and digital solutions for industry customers.
It is important to note that WiMi will conduct virtual and real synergistic operations and efficient connection in numerous domains and levels of scenarios in order to further meet the development demands of socializing, personalization, service-oriented, and intelligence. For instance, WiMi can introduce digital twin virtual offices, deepen the evolution of digital technology and physical industries, and bring about a completely new experience of reality and data integration, all of which can contribute significantly to the deepening stage of industrial transformation. This is because there are more and more scenarios that combine VR, MR, and digital twins.
In summary
In conclusion, digital twins can effectively play their role in model design, data collection, simulation, and other aspects, promoting digital industrialization and industrial digitization and facilitating the integration and development of the digital economy and real economy. They are a key technology and an important tool for improving efficiency. Digital twins, as representatives of new productive forces, should be expected to become the key to unlocking the billion-dollar market in light of the new requirements for technological innovation and innovation in reality, the ongoing iteration and innovation of related technologies, and the ongoing improvement of industrial ecology.
