Table 5 Key improvements from Digital... | Emerald Publishing

Table 5

Key improvements from Digital Twin technology collaboration between Firm C and Company ABC

Affected elements	Pre-collaboration (traditional methods)	Post-collaboration (DT technology)	Impacts on firm C and company ABC
Testing and simulation (Process)	Physical testing, labor-intensive and error-prone	Virtual simulation of hydraulic pumps and fans	Firm C: Improved operational efficiency; reduced testing time and errors Company ABC: Development of precise predictive models; enhanced service accuracy
Failure prediction and prevention (Mechanism)	Reactive failure identification during or after occurrence	Proactive prediction and mitigation through simulations	Firm C: Reduction in downtime; decreased maintenance costs; extended equipment lifespan Company ABC: Ability to provide remote diagnostics; expanded and scalable service offerings
Operational flexibility (Structure)	Limited to physical environments; constrained by resources	Virtual testing across diverse operational scenarios	Firm C: Enhanced flexibility; faster issue resolution Company ABC: Improved capacity to offer customized solutions and better client engagement

Affected elements	Pre-collaboration (traditional methods)	Post-collaboration (DT technology)	Impacts on firm C and company ABC
Testing and simulation (Process)	Physical testing, labor-intensive and error-prone	Virtual simulation of hydraulic pumps and fans	Firm C: Improved operational efficiency; reduced testing time and errors Company ABC: Development of precise predictive models; enhanced service accuracy
Failure prediction and prevention (Mechanism)	Reactive failure identification during or after occurrence	Proactive prediction and mitigation through simulations	Firm C: Reduction in downtime; decreased maintenance costs; extended equipment lifespan Company ABC: Ability to provide remote diagnostics; expanded and scalable service offerings
Operational flexibility (Structure)	Limited to physical environments; constrained by resources	Virtual testing across diverse operational scenarios	Firm C: Enhanced flexibility; faster issue resolution Company ABC: Improved capacity to offer customized solutions and better client engagement

Source(s): Authors’ own work