Digital Twins and Instantaneous Decision-making

The reality of information is entirely contained in the speed of its dissemination. ~ Paul Virilio Even the best data has a shelf life. Its value diminishes quickly with the passing of time. In a world of moving customers, employees, vehicles, subcontractors, materials, suppliers, etc., knowing what is happening at a precise time is critical for decision-making, scheduling and planning. If some information is 90 minutes old, other information is 45 minutes old, and still other information is available in real-time - you are going to have a real challenge integrating that information and forming an accurate and clear picture of reality at a particular moment! Optimal efficiency and accuracy in the scenario above can only be achieved when the speed of information collection and dissemination is coordinated and in near real-time. This means having networks and sensors in place to capture data, and integrating it to present an accurate digital twin of reality - in real-time. For many i