As the boundaries between industries blur, the convergence of various fields such as artificial intelligence (AI), Internet of Things (IoT), blockchain, and robotics is gradually accelerating. The importance and impact of digital transformation (DX), an essential stepping stone to utilise next-generation technologies, collectively known as the Fourth Industrial Revolution, is expanding across all industries, including manufacturing, telecommunications, services, logistics, finance, and public sector. According to global market research firm Markets & Markets, the digital twin market will grow from $10.1 billion in 2023 to $111.1 billion in 2028, with a compound annual growth rate of 61.3 per cent. DX, which realigns traditional business structures centred on offline markets to digital markets, is expected to drive industry growth by reducing costs and improving supply chain operations. LG CNS, which has been…
