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

mjvinnovation

What Digital Twins Technology is and How It Works. Originally, this term was coined by Dr. Michael Grieves in 2002. So, what is this technology? Lessons are learned and opportunities are discovered within the virtual environment that can be applied to the physical world – ultimately, to transform your business.

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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. Furthermore, companies can find themselves in limited growth areas due to market saturation and are therefore forced to leave their core business with a new business model. How to design a winning business model.

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Innovation Networks – Needed Now More Than Ever

The Inovo Group

New technologies, tools and systems make innovation networks more possible and more influential than ever. Networks form naturally – they emerge from the innate human desire for connection, communication, learning and sharing. Cultivating Communities of Practice ; Harvard Business Review Press; January 8, 2002.