Digital twins beginning to deliver real-world benefits
Oct 1, 2024 · The development of "digital twins" — a virtual model interacting with a physical system — has brought society a step closer to this dream. In 2024, the National Academies of Science, Engineering and Medicine released a report co-funded by the U.S. National Science Foundation and other federal agencies titled Foundational Research Gaps and ...
CHIPS for America Announces New Proposed $285 Million Award …
Nov 19, 2024 · Train more than 100K workers and students on digital twin technology. Today’s announcement builds on the Administration’s historic work to bring back manufacturing to America after decades of offshoring. Investments in R&D programs, such as SMART USA, will ensure America stays at the cutting-edge of manufacturing far into the future.
Digital Twin News & Market Intelligence | Digital Twin Insider
Oct 31, 2024 · Stay ahead in the virtual realm with Digital Twin Insider, your premier source of technology market intelligence, data, news & insights.
The increasing potential and challenges of digital twins
Mar 26, 2024 · The engineering and industrial domains have arguably leveraged digital twins for longer, such as for developing, testing, and maintaining aircraft and spacecraft in aerospace engineering, and for...
A Dynamic Future for Digital Twins: Q&A with Oden Institute …
6 days ago · November 20, 2024 . According to the consensus study report Foundational Research Gaps and Future Directions for Digital Twins published in December 2023 by the National Academies of Science, Engineering and Medicine (NASEM): “A digital twin is a set of virtual information constructs that mimics the structure, context, and behavior of a natural, engineered, or social system (or system-of ...
New Report Urges Multiagency Action to Support Potentially ...
Dec 15, 2023 · A “whole Earth system” digital twin, taking in models of atmospheric, oceanic, terrestrial, and cryospheric physics, could enable insights into extreme weather events and temperature change, and support emergency preparedness efforts and policy changes.
US to Fund Chip ‘Digital Twins’ Center to Cut R&D Costs
6 days ago · The US plans to award $285 million to a new semiconductor research center focused on digital twin technology, with the goal of reducing the cost and time of chip development by roughly a third.
CHIPS for America Announces $285 million Funding Opportunity …
May 6, 2024 · Digital twin-based research can also leverage emerging technology like artificial intelligence to help accelerate the design of new U.S. chip development and manufacturing concepts and significantly reduce costs by improving capacity planning, production optimization, facility upgrades, and real-time process adjustments.
NIST Launches Exploratory Digital Twins Study
Jan 1, 2024 · Digital Twins represent a growing global marketplace valued at over $8.6 billion in 2022 and forecasted to reach $138 billion by 2030. The NIST internal Strategic and Emerging Research Initiative (SERI) program has provided Fiscal Year 2024 (FY24) funding to perform a research study to identify issues and opportunities in measurement science ...
Unlocking the Promise of Digital Twins | National Academies
Jun 10, 2024 · A digital twin of a coastal community could help emergency planners and citizens understand how climate change may affect storm severity, and guide resilience efforts such as building hazard mitigation infrastructure and putting disaster management strategies in place, allowing the community to recover faster.