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Posted on Nov 12, 2024

Getting The Biggest ROI On Your Digital Twin

from Semiconductor Engineering

In the semiconductor industry, digital twins are the focus of a lot of attention, with substantial investments from industry players and governments alike. This year the European Union and the United States have pledged hundreds of millions of dollars in grants and funding opportunities, including the new CHIPS Digital Twin Manufacturing USA Institute. Ultimately, many people see great value in innovating, commercializing and scaling digital twin technology.

As with many trends, digital twins are the subject of speculation and fervor. Unfortunately, this enthusiasm can drive well intentioned users and organizations to choose solutions they don’t need – or spend too much time and money before arriving at reliable ones.