Smart manufacturing is no longer optional. A recent Deloitte survey found that 92% of manufacturers1 believe it will be the main driver for competitiveness over the next three years. At the heart of this transformation is the digital twin, powering a market projected to surpass $149 billion by 2030.2 A digital twin is a dynamic virtual replica of a physical asset, process or system. It uses real-time data from its real-world counterpart to simulate behavior, predict failures and optimize performance — all in a safe, virtual environment.