Given below is an overview of the value of digital thread:
|| Product-as-a-service; If the product is a jet
engine, It could be price by flying hours. For a
tire, it is based on journey per kilometer, for
an elevator, it could be based on the number
of trips by analyzing the data from digital
||By using the data, it is possible to improve the
quality by detecting and predicting quality
||This is important during times of crisis like a
component failure. Traceability could be of
people, suppliers, materials, customers to
requirements. This is done with the help of
data from the digital thread.
|| Increasing the production throughout can
lead to operational improvement,
in program timing and streamlining the
|| Costly mistakes are identified before the
production process with the help of data.
Hence, the reworks are reduced.
|| This can be achieved by identifying the service
and product up-gradation methods early.
||The visibility of targets, supple chain issues will
be early with the help of data and this help in
||Visualization of both the production and
Product facility provides better clarity, reduces
any form delay and identifies bottlenecks,
hence reducing the time-to-market.
||Insights that are received from the data
generated through the product lifecycle assists
with predictive maintenance and prevents
Challenges in Digital thread implementation
The business value of a digital thread is growing rapidly on one side, but on the other
side, manufacturers are facing quite a number of challenges in the implementation of the
Challenge in the interoperability of a heterogeneous application landscape
Challenges of organizational boundaries
Lack of end-to-end ISV solutions
The difference in data semantics
Personalized user experience expectations
Lack of clear business case and sponsors
Proliferation of standards
Below are some of the digital thread platform dimension:
Seamless data and process interoperability
Business problem orchestration
Industry-specific standards and mapping
Digital thread platform implementation no longer remains a theory. Implementation has already
begun in the engineering sector. But there are some considerations that the manufacturers must
keep in mind while implementing the digital thread, such as:
Develop a digital thread strategy
Build a business case and identify sponsors
Adopt an incremental approach to digital thread implementation
Receive from external partners
Select a digital thread implementation partner diligently
Monitoring digital thread projects and results closely
Continuously evolving the process
Currently, digital thread is in its initial stages and might seem to be an option for
manufacturers who are yet to realize its business value of its past enterprise investment.
Manufacturers who lag behind in implementing the digital thread are likely to be left behind in
the connected world.
What AXISCADES does
With a structured phase approach of understanding your current framework at different levels,
AXISCADES suggests the right digitization activities that increase efficiency. With our industry
experts supporting you through the entire process, effectively manage your implementation and
pick and choose the delivery model that fits your needs. We’ll help you conduct regular benefit
evaluations to ensure your goals are being met and the deployment is successful.