6CIOReview | | JUNE 2022Wouldn't it be extraordinary to simulate plans or build what-if scenarios for the products, facilities, and processes we wish to change before investing real-world resources for their implementation? That's the promise of digital twins. And many businesses and industries are increasingly taking advantage of this promise to bring revolutionary advancements in their business operations.Notably, the digital twin technology can aid personnel in leveraging the industrial internet of things (IIoT) and automation because it allows them to simulate the application before it goes live. Since digital twins can give a real-time view of what's happening with equipment or other physical assets, they have been beneficial in manufacturing as well to reduce maintenance issues and ensure optimal production output. Moving ahead, the digital twin is expected to save millions of dollars in maintenance costs of oil fields and refineries equipment. Similar to its benefits in manufacturing, digital twins also promise to revolutionize healthcare. A digital twin of a patient or organs will allow surgeons and health professionals to practice procedures in a simulated environment rather than on an actual patient. Meanwhile, sensors in a bandage can monitor patients and produce digital models that artificial intelligence (AI) can consequently gather and use to improve care. With these developments, Global spending on industrial digital twin technology will climb up to 33.9 billion dollars by 2030. In this edition of CIOReview, we bring you the story of some of the promising digital twin solution providers that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership articles from subject matter experts and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the digital twin solution provider that fits your business requirements.Let us know your thoughts! EditorialShaping the Future for Digital TwinCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com June - 6- 2022, Vol 11, Issue - 40 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewVisualizersIssac GeorgeJaxon JaseDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Editorial StaffAaron PierceCarolynn WaltersShirley FaithRussell Thomas
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