Circular Economy Business Models
Digital twin technology refers to the digital replica of physical assets, systems, or processes that allows for real-time monitoring, simulation, and analysis. This technology provides insights into the performance of products and processes, enabling organizations to optimize operations, enhance product design, and improve overall efficiency. In the context of advanced manufacturing technologies for circularity, digital twins play a crucial role in modeling resource flows and lifecycle impacts, facilitating sustainable practices and circular economy initiatives.
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