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Currently, the rail sector is as of now undergoing a digital revolution. Digital twins, which are software representations of a physical asset, system, or process, are being utilized by businesses all over the world to enhance the layout, operation, or planning of a wide range of processes.
Digital twin software, one of the most talked about transportation technologies today, uses ‘real world’ data to generate simulations that forecast how a process or product would function in the actual world.
As technology develops quickly, the rail sector is considering the ways in which digital twins may be used to improve freight operations.
The South Korea Rail Digital Twin Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
IdentiQTM is Hitachi Energy’s digital twin1 solution for high-voltage direct current (HVDC) and power quality solutions. Hitachi Energy is the market and technology leader in power grids.
A HVDC converter station, STATCOM, or other power quality solution has a digital twin called IdentiQ. It offers all pertinent asset data, analytics, and operational data in a user-friendly dashboard that is simple to use and can be tailored to the needs of the user.
One-click access to all the associated plant and equipment information, including engineering documentation, operational and maintenance procedures, safety training, and live operational data for monitoring and analytics, is provided by IdentiQ along with a 3D interactive visualisation of the entire asset.
