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As of 2022, the global market for digital twins was valued at $11.12 billion — and experts estimate an impressive annual growth rate of 37.5% from 2023 to 2030.
Digital twins help connect the physical and virtual worlds, allowing workers to timely identify when things need fixing, work more efficiently, and create less waste. So, embracing the potential of digital twins is a crucial move as the logistics sector steps into the new Industry 5.0 era.
Generative AI, dating back to the 1950s, evolved from early rule-based systems to models using deep learning algorithms. In the last decade, advancements in hardware and software enabled real-time, high-quality content generation by large-scale generative AI models.
In this article, I’ll tell how you can successfully integrate Generative AI into large-scale production processes within the business environment. So, you will know how to prepare for implementing Generative AI at an enterprise level. For example, for customer service, marketing communications, finance management, or other GenAI business applications.