A question arises on how would be the future of the workplace?
By MYBRANDBOOK
Digital transformation may be more critical than ever. Many enterprises had realised the fact on their investment into digital transformation prior to the pandemic are now in a much better position to continue operating smoothly. If businesses are going to be successful in the post-pandemic market, digital transformation will be the key.
As the spread of COVID-19 slows down and is contained across the country, a question looming on everyone’s minds on how their plans will evolve for the long term. What will start, stop, or continue after the crisis eases? And what would be the shape of the workplace will ultimately assume when the pandemic is over. Secondly, most of the enterprise networks are widening — with hybrid clouds, IoT devices and home offices — and attacks rapidly and automatically evolve, there has to be a radical new approach to cybersecurity.
A report estimates about the Digital Twin, which is a bridge among the digital and physical worlds, this market is expected to grow from $3.8 billion in 2019, to $35.8 billion per year by 2025, at a CAGR of 45.4%. As we have seen, Digital Twin software is already revolutionizing industries such as Healthcare, Architecture, Aerospace, Defence, and Automotive & Transportation.
The most sought technology that is Digital Twin is to take the center stage. Digital Twins are virtual replicas of buildings, infrastructure and physical assets, fully interconnected with the data in and around them that optimize project performance, and help predict and visualize future outcomes. Approximately $900 billion will be spent on digitization globally. 80%+ leaders believe analytics will be key for decision making in industrial manufacturing.
It is absolutely fact that the Digital Twin field is evolving faster than ever. digital twin is a virtual representation of physical buildings and assets but connected to all the data and information around those assets, so that machine learning and AI algorithms can be applied to them to help them operate more efficiently.
COVID-19 has disrupted life around the world, leading to a global crisis and significant effect on businesses. Manufacturing is unfortunately, one of the industries that has been impacted the most. Mired in between an agenda for transformation and legacy systems, the industry was not prepared for something like a global shutdown, and companies have been grappling with numerous challenges to continue critical operations under lockdown.
Going forward, both private sector and public sector tenders the world over now routinely call for Digital Twin solutions, including the new mega Smart City in Saudi Arabia, which plans to test 19 different Digital Twin use cases over the next two years, and the new capital city of Amaravati in Andhra Pradesh, India, will be the world’s first city “born as a digital twin.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Cisco building a trusted and resilient future for the nation
Security is foundational to everything Cisco does and customers insist on e
Delivering Critical Business Communication Solutions to Enterp
Arya Omnitalk and Syntel’s comprehensive suite of solutions and more than
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
QUICK HEAL TECHNOLOGIES PVT. LTD.
CENTRE FOR DEVELOPMENT OF TELEMATICS (C-DOT)
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
POLYCAB INDIA PVT. LTD
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : NATARAJAN CHANDRASEKARAN
Natarajan Chandrasekaran (Chandra) is the Chairman of Tata Sons, the h...
Icons Of India : Deepak Sharma
Deepak Sharma spearheads Schneider Electric India. He brings with him ...
Icons Of India : Girish Mathrubootham
Girish Mathrubootham is the Founder of Freshworks (previously known ...
PARTNER SPEAKERS
PSU
IOCL - Indian Oil Corporation Ltd.
IOCL is India’s largest oil refining and marketing company ...
BEL - Bharat Electronics Limited
BEL is an Indian Government-owned aerospace and defence electronics co...
STPI - Software Technology Parks of India
STPI promotes and facilitates the growth of the IT and ITES industry i...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - Anirudh Devgan , President, Cadence Design
Anirudh Devgan, the Global President and CEO of Cadence Design Systems...
Indian Tech Talent Excelling The Tech World - Sanjay Mehrotra, CEO- Micron Technology
Sanjay Mehrotra, the President and CEO of Micron Technology, is at the...
Indian Tech Talent Excelling The Tech World - Aman Bhutani, CEO, GoDaddy
Aman Bhutani, the self-taught techie and CEO of GoDaddy, oversees a co...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
