Latest Developments in Global Digital Twin Financial Services And Insurance Market

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Latest Developments in Global Digital Twin Financial Services And Insurance Market

  • ICT
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In April 2023, IBM and Cosmo Tech announced the integration of their platforms, where Cosmo Tech's solution connects to the IBM Maximo Application Suite. This integration empowers asset managers to simulate the entire physical and financial life cycle of their asset network, even under unprecedented conditions, enhancing predictive maintenance and decision-making capabilities
  • In September 2022, NVIDIA and Deloitte expanded their partnership to simplify the development, integration, and deployment of hybrid-cloud solutions for global businesses. This collaboration aims to accelerate the adoption of AI-driven technologies and digital twins across various industries
  • In September 2022, Altair completed its acquisition of RapidMiner, strengthening its data analytics and machine learning capabilities. This strategic move enhances Altair's digital twin offerings by enabling more advanced predictive modeling and real-time insights for industrial applications
  • In July 2022, Microsoft and Cosmo Tech announced a collaboration to integrate their digital twin platforms, combining Microsoft Azure Digital Twins with Cosmo Tech's 360° Simulation platform. This partnership allows enterprise customers to track carbon emissions in near real-time and simulate future sustainability initiatives, supporting their journey toward net-zero emissions
  • In February 2022, Ansys launched the upgraded ANSYS Twin Builder 2022 R1, enhancing predictive analytics by merging physical and virtual sensor data. The latest features simplify digital twin deployment, improve workflow efficiency, and provide interactive web applications, streamlining user engagement with simulation models