The history of the digital thread
The digital thread is a term used to describe the continuous connection between data and physical objects throughout their lifecycles. This thread can be traced back to the early days of computing, when mainframes were used to track inventory and production. In the 1980s, CNC machines were introduced, which allowed manufacturers to create parts with greater accuracy and consistency. The development of CAD software in the 1990s enabled engineers to design parts and assemblies that could be created using CNC machines.
Today, the digital thread extends beyond the manufacturing process to include product lifecycle management (PLM) and enterprise resource planning (ERP) systems. These systems track data throughout an product’s entire life cycle, from design and development through production, warehousing, distribution, and sales.
Defining the digital thread
The digital thread is defined as the complete end-to-end digital representation of a product or manufacturing process. This means that all data related to a product or process is captured, managed, and shared digitally throughout the product lifecycle from design to manufacture to operation and maintenance.
The digital thread has emerged as a powerful tool to help companies in a variety of industries improve efficiencies, reduce costs, and accelerate time to market. For example, in the aerospace industry, Boeing has used the digital thread to streamline production of its 787 Dreamliner aircraft. By sharing data across its global supply chain and using advanced analytics, Boeing was able to cut production time by 20 percent.
In the automotive industry, General Motors is using the digital thread to enable mass customization of vehicles.
Scope of the report @ https://market.us/report/digital-thread-market/
There are many benefits to using a digital thread. A digital thread can be used to connect all aspects of product development and manufacturing, from design to delivery. This allows for better collaboration between teams, as well as a more streamlined workflow. Additionally, a digital thread can be used to track data and analytics throughout the product lifecycle, which can help identify areas of improvement. Ultimately, using a digital thread can help improve the quality of products and the efficiency of manufacturing processes.
The digital thread market is expected to grow significantly in the coming years. This is due to the increasing demand for digital transformation in various industries. The digital thread is a key technology that enables this transformation. It helps connect various data points and systems, allowing for a more efficient and integrated work environment. This growth is being driven by the increasing adoption of Industry 4.0 technologies, rising need for data integration and interoperability, and growing demand for cloud-based solutions.
Here is List of BEST KEY PLAYERS Listed in Digital Thread Market Report are:
General Electric
PTC
Siemens
Dassault Systemes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Digital Thread Market Segmentation:
Digital Thread Market is segmented in various types and applications according to product type and category. In terms of Value and Volume the growth of market calculated by providing CAGR for forecast period for year 2022 to 2032.
Most Important Types of Digital Thread Market are covered in this Report:
Parts Type
System Type
Digital Thread Market Product Applications:
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
Top countries data covered in this report:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
