Altair and L&T Technology Open Digital Twin Center to Accelerate Digitalization
The digital twin center will cater to customers across mobility, high-tech, and sustainability segments.
August 14, 2024
At a Glance
- The digital twin center was created to help users learn the latest methodologies and technologies.
- Digital twins are revolutionizing how decisions are made within factories.
- LTTS has engineered a digital twin with over 54 machine learning algorithms to automate oil rig operations.
Altair and L&T Technology Services (LTTS) have established a digital twin center of excellence to accelerate digital transformation. The center will deliver digital twin capabilities to joint customers worldwide. The goal is to use digital twin solutions for enhanced innovation and efficiency.
LTTS has experience in digital twin technology in multiple design centers. Its Digital Twin for Line Operations enhances performance through virtual commissioning, efficiency monitoring, and predictive maintenance. That also includes root cause analysis using real-time and historical data. It supports strategic digital transformations and offers modular implementation and role-based access. Additionally, LTTS has engineered a digital twin with over 54 machine learning algorithms to automate oil rig operations.
Digital twins for design, production, and factory layout
Manufacturers use digital twins to create virtual replicas of physical assets, systems, or processes. Digital twins help manufacturers make better decisions and improve efficiency by simulating a product or process. The goal is to create a digital representation that can be used to gain more knowledge and deeper visibility into design and production.
As well as using digital twins to design and simulate products, manufacturers use digital twins to design and build factories. Airbus used digital twins to simulate and optimize the factories used to build aircraft.
Here’s a quick overview of digital twin technology from Altair:
In the recent report, Digital Twins: The Next Frontier of Digital Optimization, McKinsey noted that “Digital twins are revolutionizing how decisions are made within factories, and forward-thinking manufacturers are getting ahead of the technology curve to drive efficiency.”
According to IoT Analytics, 29% of global manufacturing companies had either fully or partially implemented digital twin strategies by November 2023 up from 20% in 2020.
Wide ranging digital twin capabilities
The digital twin center was created to help organizations learn the latest methodologies and technologies in the areas of:
AI-powered engineering to transform products, systems, and processes
Innovation labs to simulate new use cases
Predictive maintenance
Rapid product development to reduce cycle time for physical prototyping
Hands-on training
The digital twin center was created to help users improve products and processes while speeding time to market. “This initiative will help organizations stay ahead of technology trends, maximize their investments, and bring better, more informed products and processes to market faster,” said Stephanie Buckner, COO at Altair. “Our advanced approach combined with LTTS’ expertise will help teams better design, build, test, optimize, evaluate what-if scenarios, perform predictive maintenance, and extend the remaining useful life of their products without physical prototypes.”
The collaboration intends to uplevel industry standards in design and production processes. "The strategic partnership with Altair is poised to revolutionize the digital twin technology landscape,” said Abhishek Sinha, executive director and president of Medical, Smart World, and Functions, LTTS. “We are set to redefine industry standards across segments such as mobility, sustainability, and high-tech.”
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