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ThoughtWire mentioned in Gartner's Hype Cycle for Manufacturing Operations Strategy 2020

ThoughtWire is excited to share that we have been mentioned in Gartner's Hype Cycle for Manufacturing Operations Strategy 2020.

According to Gartner: "A dynamic and volatile market environment is changing the face of manufacturing operations. This Hype Cycle will help manufacturing operations leaders shape future strategies, create roadmaps, align investments and educate peers."

ThoughtWire is mentioned as a vendor for Digital Twin. Gartner defines Digital Twin technology as: "A digital twin is a virtual representation of an entity such as an asset, person or process and is developed to support business objectives. The three types of digital twins are discrete, composite and organizational. Digital twin class elements include the model, rules, relations and data properties. Digital twin instance elements include the model, data, unique one-to-one association, and monitorability." 

According to Gartner’s CIO Survey 2020, 6% of enterprises have implemented digital twins, although less than 1% of assets have digital twins. Another 41% of enterprises expect to deploy digital twins within three years. "These trends lead us to shorten the time to plateau down to two to five years. In the next decade, digital twins will become the dominant design pattern for digital solutions."

Gartner clients can access the full report here. 

As an organization that serves many industries such as healthcare, commercial real estate, and corporate real estate organizations, we empathize deeply with what our customers are going through at this moment. We’re a technology organization, but for us people have always come first. If you need advice on where to start or how you can make the changes your organization needs to be prepared for the future, get in touch. Community is important now more than ever.

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