Catherine Kniker, chief revenue officer, Platform Business, PTC, said: “Simulation technology combined with machine learning can help IIoT solution builders identify and make sense of the data needed to improve product design and performance.”
The IoT is making it possible to create digital twins that combine real-time data about a physical product with the organisation’s digital information about the product. Simulating digital twins provides advanced intelligence and insight into a product’s behaviours.
Eric Bantegnie, ANSYS general manager, said: “Many of our customers are looking to digital twins to disrupt their industries by drastically lowering their operating and maintenance costs.”