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Product quality
via digital twin: Harnessing the power of private 5G and MEC.

Discover the key to manufacturing excellence by harnessing the power of comparative analysis.

Introduction

In today's competitive manufacturing landscape, companies strive to gain an edge by improving efficiency, reducing costs and ensuring superior product quality. Meeting these challenges requires access to technologies that provide real-time insights into machine performance, data analysis capabilities and remote equipment management.

In 2022, the size of the global market for digital twins was valued at $8.60 billion according to Fortune Business Insights. It’s predicted to grow to just over $137 billion by 2030.

Leveraging the power of private 5G and MEC, manufacturers can unlock a multitude of benefits. Embracing DTs empowers manufacturers with a significant advantage in today's dynamic marketplace. 

Overcoming manufacturing challenges with advanced technologies.

Manufacturers are constantly on the lookout for solutions that get them ahead of the game. They seek technologies that can enhance efficiency, control costs and ensure top-notch quality. The key is to have access to real-time insights into machine performance, along with the capability to collect, analyze, and leverage data for more effective monitoring of operations and remote equipment management. Manufacturers are particularly interested in:

  • Improving product and output quality
  • Enhancing situational awareness based on adaptive digital models
  • Extending machine lifetime through improved performance
  • Reducing potential cost of unplanned downtime due to machinery breakdown
  • Conducting immersive, experiential training prior to production
  • Lowering the risk of worker injury
  • Monitoring machine wear and operation to reduce product defects
Digital twin concept
Man using a tablet while standing outside at a construction job site

Powering digital twin systems with Verizon's Private 5G and MEC Solution.

Verizon's Private 5G and MEC solution leverages a ground-breaking digital twin (DT) system for real-time monitoring and control of machines and processes. This innovative solution utilizes streaming data to overlay complex models on physical products, integrating machine learning and AI to optimize performance quality. Manufacturers can benefit from this solution by:

  • Developing and incorporating complex digital models into a streaming environment with a digital equivalent of the physical systems
  • Improving performance through dynamic adjustment of equipment, processes and systems
  • Conducting operator training via virtual reality (VR) prior to release to production for immediate skill learning and safety
  • Detecting and adjusting for factory specific anomalies with machine learning and AI
  • Gathering machine performance data in specific situations and enabling production improvements using adaptive digital models

How private 5G and MEC-driven digital twins benefit manufacturers.

A PwC survey from 2022 found that 96 percent of business and technology executives expected to use AI simulations such as digital twins last year. Additionally, Deloitte says the digital twin market is projected to reach $35.8 billion in value by 2025.

By harnessing the power of private 5G and MEC-driven digital twin solutions, manufacturers can unlock a range of advantages. They have the ability to drive higher throughput, improve capital use, and extend the lifespan of their machines. Additionally, they can benefit by: 

  • Lowering the risk of worker injuries by improving machine operations using real-time performance data
  • Reducing product defects due to machine wear or improper operation with real-time monitoring, which controls defect-related rework and the cost of repairing worn machines
  • Facilitating faster, more effective training prior to production with DT and private 5G-based VR models
  • Controlling unplanned machine downtime to correct issues and help avoid missed production schedules
  • Boosting competitiveness through continuous performance adjustments based on real-world data streams
Multiple manufacturing workers inspecting equipment while wearing hard hats

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Building a strong foundation for future growth.

Digital Twin creates virtual models of business operations, supplying real-time analysis, predictive insights, and data-driven decision making. When you have the right network to support cutting-edge solutions like this, you can build smarter, more efficient and more agile enterprises. It’s not just digital innovation. This is Enterprise Intelligence.

 

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