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Perspectives
The future of product development is model-based
Learn how the capabilities of Digital Twins and a model-based enterprise can help your organization achieve better and faster results in a product’s life cycle.
In a Deloitte study, we found that companies that switch to Digital Twins and move to become model-based enterprises see significant savings between 70% and 80%. Discover how you can help your organization create a seamless flow of information, increase your cost savings, and achieve faster product cycle times.
Let’s talk Digital Twins
It is critical to talk about a comprehensive Digital Twin instead of a silo in this post-pandemic world. Digital Twins are virtual models of the physical product or system they represent. They’re the building blocks for MBE that no longer rely on drawings and static data. To have a comprehensive Digital Twin requires a multifunctional scope and the idea of a Product Digital Twin that can consider process, production, and service.
What’s next for the MBEs of 2040
In the next 15 to 20 years, we expect MBEs to make breakthroughs in generative design for complex assemblies, automated design simulation, advanced manufacturing of complex assemblies, supply chain towers and data assets, information flow, and real-time insights.
Ready to get started? Deloitte’s market-leading digital transformation experience, deep industry knowledge, and a full breadth of services, combined with Siemens’ preeminent digital product development and digital thread capabilities, can help your organization achieve better results and see improvements in development efficiency, faster time to market, reduction of product cost, and a decrease of cost of quality.
The Deloitte and Siemens alliance
The Siemens and Deloitte alliance puts your success at the center of everything we do to deliver end-to-end enterprise transformations that help you move quickly from road map to value realization. Discover how Siemens Teamcenter PLM, Opcenter MES, Insights Hub (formerly MindSphere IoT) and Mendix and Polarion software can help you define your transformation strategy and build a business case to unlock its value. With Deloitte’s experience, you won’t just survive the digital age, you’ll thrive.
Get in touch today and begin your transformation to a model-based enterprise.
Get in touch
Vijay Santhanam
Product Strategy & Lifecycle Management Leader
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