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Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

Originally, this term was coined by Dr. Michael Grieves in 2002. The situation changed in the 2010s, with the development of IoT, Artificial Intelligence, Big Data, and Cloud Computing. These components are connected to a cloud-based system that receives and processes all the data that the sensors monitor.

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Spotting Innovation Opportunities

ITONICS

Those findings create the basis for innovation theories, e.g. radical innovation within niches as part of the evolutionary economics theory (Geels, 2002), a blue ocean as described in the “Blue Ocean Strategy” (Kim & Mauborgne, 2005) or a “White Space” (Jackson, 2011) within the company. The role of big data and data mining.

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Patent Quality and Utility Essential to Patent Owners

Anaqua

With the ability to integrate “big data” market analytics with internal portfolio analysis, IP organizations can be smarter about their patent strategies, better supporting the business while maintaining increased budget control. In fact, most of the top 10 countries saw decreases larger than the average 3.3% Download Now.

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2018 Patent Analysis: Patent Quality and Utility Essential to Patent Owners

Anaqua

With the ability to integrate “big data” market analytics with internal portfolio analysis, IP organizations can be smarter about their patent strategies, better supporting the business while maintaining increased budget control. In fact, most of the top 10 countries saw decreases larger than the average 3.3% Download Now.

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How China Creates the Strongest Innovation System

The BMI Lab Blog

It also gave the Internet giants of China, Baidu, Alibaba and Tencent (also known as BAT) a free hand to experiment before setting up regulation, especially in the privacy, data management and property rights fields. BYD became the second largest battery company in 2002.

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