Description

Come share your experiences, stories, questions, and what you have learned in a safe, non-commercial environment. We seek to understand the state of the market, understand what companies have done that has or has not worked, documenting questions that MESA and the community can help answer. Overall, the goal is to accelerate each participant’s learning and progress toward Smart Manufacturing. 

Topic: Evaluating the Financial Impact of Digital Twin and Edge Computing Investments

Digital Twin and Digital Thread technologies, supported by edge computing, enable organizations to create  real-time digital representations of physical systems to improve monitoring, predictive maintenance, and operational decision-making. While these technologies offer potential benefits such as reduced downtime, improved efficiency, and faster innovation, they also require significant investments in data infrastructure, sensors, and analytics platforms. Evaluating the financial impact of these investments is essential for organizations seeking to justify adoption and understand their return on investment and long-term strategic value.

Learn from each other as we discuss:

1. What financial metrics are most useful for evaluating Digital Twin and edge computing investments?
2. How can organizations quantify indirect benefits such as reduced downtime and improved decision-making?
3. What are the major cost drivers when implementing Digital Thread and Digital Twin systems?
4. How does edge computing affect the scalability and cost efficiency of Digital Twin solutions?
5. What strategies can organizations use to accelerate ROI from Digital Twin initiatives?

Agenda: 

• Thanks to our Sponsor(s) 
• Facilitator introduction 
• Community & Group overview – why participate and what to expect 
• Smart Manufacturing Paradigm 
• Thanks to our Sponsor(s) 
• Summary of last meeting 
• Today's subject 
• Wrap up 
• Next meeting 
• How to keep the conversation going 
• Thanks

The Community meets every two weeks via virtual facilitated meetings. The Community is a benefit of MESA membership. Members automatically receive the Zoom link/invitation. Not a member? Join today! 

Learn more about MESA's Smart Manufacturing Community Groups.