Accelerating the Industrial Internet of Things
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Use Cases Industrial Digital Thread

Industrial Digital Thread

The digital thread refers to the communication framework that allows a connected data flow and integrated view of the asset’s data throughout its lifecycle across traditionally siloed functional perspectives. The digital thread concept raises the bar for delivering “the right information to the right place at the right time.”

The Industrial Digital Thread (IDT) testbed drives efficiency, speed, and flexibility through digitization and automation of manufacturing processes and procedures. It collects information in the design, manufacturing, service and supply-chain setup, and provides access to intelligent analytics for industrial manufacturing and performance data.

The Digital Thread integrates design, engineering, manufacturing and MRO (maintenance, repair and overhaul) systems, establishing a seamless flow of information. This type of integration employs data and analytics across the complete product life cycle, optimizing efficiency, from design to manufacturing, operations and maintenance to service in a closed loop.

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The global Digital Thread market is valued at 86 million USD in 2017 and is expected to reach 1.798 billion USD by the end of 2023, growing at a CAGR of 65.91% between 2017 and 2023.

Source: SDMR

What is the business value of this IoT use case and how is it measured?
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What are the benefits of Industrial Digital Thread for manufacturers?

- Improve product quality by avoiding mistakes in manual translations of engineering specifications along the product value chain

- Improve the velocity of new product introductions (NPI) and the communication of engineering changes along the product value chain

- Increase the efficiency of digitally capturing and analyze data related to product manufacturing

- Allow manufacturers to deliver new services to customers along with physical product leveraging the digital data now available on the product

Which technologies are used in a system and what are the critical technology?
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Which technologies help Digital Thread work?

- The connectivity technologies of the Internet of Things (IoT) are making it possible to collect data from factories with much less effort and cost than before.

- Machine learning and artificial intelligence (AI) technologies are making it possible to process large amounts of data and gain insights to further predict outcomes and potential issues such as machine failures, component shortages, and quality issues.

- Manufacturing processes are increasingly being integrated with other business applications to automate end-to-end business processes. 

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