Digital Twin
Digital Twin Software
Digital twin is a tangible item, system, or city that is digitally represented in a manner that is both realistic and dynamic.
Learn your assets inside and out, including what they are, how they function, and when they require a change. Access at any time and from any location thanks to the solid cloud infrastructure and global network of data centres.
Single source of truth
- In a federated environment, combine the heterogeneous engineering data produced by the many design tools. There will be no disturbance to your existing tools or processes as a result of this combination.
- Adjust the engineering data so that they correspond with the geographical, Internet of Things, and other operational data.
- Construct and maintain digital twins of any size, from very small to extremely enormous.
Envision, Replicate, And Control
- Visualize and monitor changes, including shifts in real-world circumstances resulting from Internet of Things (IoT)-connected devices.
- When it comes to inspections, reporting, and insights, it is helpful to combine data from several sources into a federated environment that both represents the current conditions and anticipates the future situations.
- Utilize immersive visualisation
- Get visibility into statistics and insights by utilising artificial intelligence (AI) and machine learning (ML)
Help Make Better Choices Get Solutions
- Cut down on the costs and amount of time spent managing assets and completing projects.
- Efforts should be made to raise the standard and quality of services provided both internally and externally.
- Minimize the risks that are linked with assets as well as the liabilities that are incurred when assets fail.
- Achieve the sustainability targets you've set.
IOT - Digital Twin Technology
For the purpose of obtaining and analysing sensor data, enables users to include Internet of Things (IoT) data in a smooth manner. This data is generated by sensors and condition monitoring devices. Infrastructure IoT can be used effectively for real-time safety and risk monitoring in operations and construction activities. This includes the ability to measure and visually represent environmental changes, structural movement, or deterioration for the purpose of condition assessment, maintenance scheduling, and to prompt preventative interventions. The value of engineering and geotechnical data is increased by Krion6D IoT through the secure incorporation of real-time data at scale collected from among hundreds of different types of sensors.
Applications of IOT
The following is a list of some practical ways that this Digital twin technology is making its way onto construction sites, which should help you gain a better grasp of how the Internet of Things (IoT) operates in the construction industry:
- Monitoring the construction site provides construction managers with real-time information and insights on both the personnel and the machines.
- Control of the machinery: Internet of Things sensors direct equipment with higher accuracy than is possible when a person is there.
- AI and the internet of things are being used to improve safety measures on construction sites. This helps to ensure that employees will remain unharmed.
- Fleet management: The Internet of Things may be used to improve fleet management, including vehicle maintenance and transit routes.
- Project management: Internet of Things devices can contribute to cost savings by lowering the amount of time spent monitoring sites, which in turn helps maximise available funds.
- Construction workers can be equipped with a variety of wearables that can sound an alarm when they are getting close to a hazardous area. It is able to provide real-time directions on how to perform jobs in a safe and efficient manner, and it can also aid in locating the position of an injured worker in real-time.
Enterprise Resource Planning
The people who are best able to adjust to change today will be the leaders of tomorrow. Krion6D ERP is a comprehensive, cutting-edge, cloud-based enterprise resource planning (ERP) suite that gives your teams access to cutting-edge capabilities. These capabilities include artificial intelligence (AI) to automate the manual processes that slow them down, analytics to react in real time to shifts in the market, and automatic updates to stay current and gain a competitive advantage.
Foresee, evaluate, and respond to new events
Nobody enjoys large discrepancies between expectations and reality. The majority of models, on the other hand, have too many restrictions since they are based on sample datasets or simply on intuition. Krion6D ERP integrates machine learning into predictive planning and forecasting, allowing you to make use of larger datasets, unearth hidden bias, find major deviations, and shorten your total reaction time.
Automate and remove repetitive work
Digital Twin, Krion6D – Spend less time generating data and more time comprehending what it tells you. By automating the most time-consuming and routine business operations, Krion6D ERP frees up more time for your team to focus on strategic work, whether they are writing a story for the street or evaluating the possibility of M&A activity. Up to 96% of transactions can be automated with AI.
Streamline and speed up daily tasks
Krion6D’s artificial intelligence (AI)-powered digital twin assistant streamlines and quickens routine activities, enabling users to make straightforward inquiries such as “what is the status of my open purchase requisitions?” as well as “what kinds of reconciliations are expected today?” It is possible to expedite the approval process by having personalised activities such as invoices or notifications of going over budget sent to you in a proactive manner.
Act faster, Gain better
Keeping ahead of customer trends and new competition is harder every day. Krion6D’s ERP makes it easy to identify and deploy new business models and evaluate results in real time to adjust your strategy. With machine learning insights like customer churn, you’ll anticipate and prevent issues.
Features
Financial Decisions
The Financials module provides you with a comprehensive perspective of your company’s financial condition and outcomes, allowing you to react swiftly to the dynamic nature of the business environment.
- The centre for accounting
- The reporting and analysis of data
- Accounts receivable and assets
- Revenue management Receivables Collections
- Expense management
- Joint venture management
- U.S. Federal Financials
Project Management
Project Management enables you to plan and keep track of your projects, allocate the appropriate personnel, strike a balance between capacity and demand, and easily scale up or down resource allocation in response to shifting business demands.
- Prepare an agenda and make projections
- Resource management
- Management and regulation of costs
- Management of both billing and revenue
- Fund management
- Project investment management
Procurement
Simplifying supplier management, enabling best supplier selection, enforcing compliant spending, and improving profitability are all outcomes that result from the integration and simplification of the source-to-pay process by procurement, which features an intuitive user experience, built-in analytics, and collaboration.
- Management of vendors
- Procure to pay
- Sourcing
- Contracts
Risk Management
In Risk Management and Compliance, artificial intelligence and machine learning are used to tighten financial controls. This helps to avoid cash leaks, enforce audit, and defend against new risks, all while saving you hours of manual labour.
- The function of ERP and the security design
- Automation with a clear division of labour
- Constant monitoring of the access points
- User access certification
- Configurations controls
- Transactions controls
- Workflows for Auditing and SOX/ICFR Compliance
- Enterprise risk management (ERM)
- Planning for the continuation of business operations
Enterprise Performance Management
Digital Twin – Enterprise Performance Management gives you the ability to model and plan across all departments, including sales, human resources, supply chain, and finance. Simplify your financial closing and receive knowledge to promote better decision-making with these two helpful tools.
- Planning
- Management of both profits and expenditures
- A reconciliation of accounts
- Financial consolidation and closure
- Reporting for taxes
- Reporting with a narrative format
- Enterprise data management (EDM)
Are You Game To Save on Cost and Time overruns?
Connect workflows, teams, and data at every stage of construction. Bring every project team together from design to turnover on a single construction management software solution. Connect workflows and collaborate securely from a single source of truth.