Industrial IMMERSIVE Brief | October 11, 2024

Asset Owners Talk Digital Twins and Reality Capture

At the 2024 Industrial IMMERSIVE Week, some of the brightest minds in energy, manufacturing, and technology got together to discuss how digital twins and reality capture technology are shaking up the industry . Think predictive maintenance meets energy optimization, and throw in a side of technology scaling—because what's a good innovation without a few headaches?

Here’s what you’ll get in our recap of the roundtable discussion :

• Dan Millard from eserv talking about how digital twins help companies monitor assets in real-time
• Edward Martin from Twinsight Consulting casually dropping knowledge bombs about scaling
• Kelly Watt from Digital Twin Consulting reminding us that while digital twins are great, they won’t magically align your IoT infrastructure (sadly, no "twin magic" here)
• Maruthi Devarakonda from Baker Hughes showing how predictive maintenance can save the day—before disaster strikes
• Sam Hemeda from Capgemini schooling us on the cybersecurity challenges of combining data from multiple sources

It's not all tech talk, though! They also dove into the human side of things. Turns out, the scariest part of new tech isn't AI overlords—it’s change. But don't worry, it's all about making sure your team is bought in and along for the ride—and reassuring them that robots aren’t taking their jobs.

Read the full recap and access the on-demand session

Digital Twins are Taking Over ( + Saving Us from Guesswork)

If you haven’t heard—and you subscribe to this newsletter, so you definitely have heard—digital twins are revolutionizing industries faster than you can say “Industry 4.0.” They simulate, optimize, and predict just about everything without you having to break a sweat (or bend any metal).

What’s in it for enterprises? Glad you asked:

• Optimize processes: Test scenarios, skip the guesswork. It’s like Groundhog Day, but without the repeating disasters.
• Cut costs: Because no one ever said, “I’d like to spend more on trial and error.”
• Boost productivity: Up to 30% more efficiency, according to the pros. (Still no guarantee it’ll fix your 3 p.m. productivity slump, though.)

But, of course, it’s not all rainbows and perfectly optimized production lines. Deploying digital twins comes with a few hurdles (spoiler: complexity, incomplete networks, and a little thing called “data velocity”). But don’t worry, we’ve got tips from the experts to help you leap over those hurdles like a digital Olympian.

Discover how enterprises are embracing digital twins, overcoming challenges, and creating real-time, data-driven solutions. (Plus, a few fun facts about how they helped NASA land a rover on Mars—because why not shoot for the stars?)

Read the latest on industrial digital twins.

PS. Want more digital twin news? Mark your calendar for March 3-4, 2025, for the 4th Annual Industrial Digital Twin Forum . (New website, who dis?)

Time to Rev Up: Industrial IMMERSIVE 2025 Reg is Open!

Get into the action and secure your pass to Industrial IMMERSIVE , the industrial spatial computing event of 2025 where digital + reality meet! We’ve got some BIG news: registration is NOW OPEN!?

Attend four events for the price of one, including:

- Industrial XR Forum

- Industrial Digital Twin Forum

- Industrial Reality Capture Forum?

- Industrial AI Nexus Converge

When you attend Industrial IMMERSIVE , plan to take back a wealth of knowledge and strategy to drive growth and innovation. Secure your spot now!

WHAT ELSE?

• Augmented reality (AR) and virtual reality (VR) technologies are potential game changers for industries like healthcare, automotive, and more. Extended reality (XR), which encompasses the whole spectrum of reality technologies, is not just a small shift, it's a a sea change in how businesses create, design, and interact with their digital spaces.
• DroneDeploy has announced the launch of?Safety AI , the only solution of its kind to automatically identify safety risks on construction sites using a combination of in-house developed proprietary AI and large multimodal models from Google and OpenAI.
• Microsoft has ended production of its HoloLens 2 headset . It’s not clear if we’ll ever see another HoloLens headset that will be available for businesses or even consumers to buy. Microsoft reportedly scrapped plans for a HoloLens 3?but then hinted that it would?make a “meaningful update” to the hardware?when the time was right.
• Get a behind-the-scenes look at how CHENEXT Technologies integrates P&IDs into their XR environment . Check out how simple it is to identify and navigate to components like valves within their immersive model.?
• Uptale, a leading provider of immersive training solutions, recently announced a strategic partnership with Hololight, a pioneer in immersive streaming technology.?
• GameDriver Inc. and?Perform have recently announced a strategic partnership aimed at enhancing the development cycle for developers and enterprises.?

ABOUT US

Industrial IMMERSIVE, where "Digital?+ Reality Connect", is transforming industrial, energy, engineering & construction enterprise and driving digital innovation with immersive spatial technology.

We also connect the global community through digital resources like news/special reports and both virtual & live events.

The Industrial IMMERSIVE community connects the most Industrial/Energy, Engineering & Construction tech professionals making investment, strategy & tactical decisions, or building, scaling and executing pioneering XR/3D/Simulations, digital twin, reality capture, spatial computing, AI & connected workforce projects within their enterprise.

Industrial IMMERSIVE is THE PLACE to learn and see the new and cutting-edge Immersive technologies that are currently serving industrial markets and will be ready for deployment in the near future!

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