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https://doi.org/10.21256/zhaw-25013| Publication type: | Conference paper |
| Type of review: | Peer review (publication) |
| Title: | Value generation in the product lifecycle with digital twins : status quo in Swiss companies |
| Authors: | Barth, Linard Ehrat, Matthias Galeno, Gianluca Holler, Manuel Savic, Nikola |
| et. al: | No |
| DOI: | 10.24251/HICSS.2022.551 10.21256/zhaw-25013 |
| Proceedings: | Proceedings of the 55th Hawaii International Conference on System Sciences |
| Page(s): | 4528 |
| Pages to: | 4537 |
| Conference details: | 55th Hawaii International Conference on System Sciences (HICSS), virtual, 3-6 January 2022 |
| Issue Date: | 2022 |
| Series: | Proceedings of the 55th Hawaii International Conference on System Sciences |
| Publisher / Ed. Institution: | University of Hawaiʻi at Mānoa |
| ISBN: | 978-0-9981331-5-7 |
| ISSN: | 2572-6862 |
| Language: | English |
| Subjects: | Digital twin; Product lifecycle; Value generation |
| Subject (DDC): | 658.5: Production management |
| Abstract: | Value generation with digital twins along the phases of the product lifecycle affects different processes from a company's internal perspective. The present study investigated in which phases of the product lifecycle and processes swiss companies seek to generate what value contribution. The results of the survey of 103 companies show that only 47% of the companies surveyed are applying or planning to apply digital twins. The motivation primarily lies in increasing efficiency (79%) or in building competitive advantage (63%). These companies clearly recognize the potential of digital twins to create value in the Beginning-of-Life-phase (79%) and in the Middle-of-Life-phase (60%). In contrest, the use in the End-of-Life-phase (15%) is subordinate. The companies seek to generate value with digital twins by offering qualitatively better products and services in a shorter time or with higher availability. Cost savings seem secondary and overestimated by companies before they apply digital twins. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/25013 |
| Fulltext version: | Published version |
| License (according to publishing contract): | CC BY-NC-ND 4.0: Attribution - Non commercial - No derivatives 4.0 International |
| Departement: | School of Management and Law |
| Organisational Unit: | Institute of Marketing Management (IMM) |
| Appears in collections: | Publikationen School of Management and Law |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 2022_Barth_Value_Generation_in_the_Product_Lifecycle_with_Digital_Twins.pdf | 4.25 MB | Adobe PDF |  View/Open |
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Barth, L., Ehrat, M., Galeno, G., Holler, M., & Savic, N. (2022). Value generation in the product lifecycle with digital twins : status quo in Swiss companies [Conference paper]. Proceedings of the 55th Hawaii International Conference on System Sciences, 4528–4537. https://doi.org/10.24251/HICSS.2022.551
Barth, L. et al. (2022) ‘Value generation in the product lifecycle with digital twins : status quo in Swiss companies’, in Proceedings of the 55th Hawaii International Conference on System Sciences. University of Hawaiʻi at Mānoa, pp. 4528–4537. Available at: https://doi.org/10.24251/HICSS.2022.551.
L. Barth, M. Ehrat, G. Galeno, M. Holler, and N. Savic, “Value generation in the product lifecycle with digital twins : status quo in Swiss companies,” in Proceedings of the 55th Hawaii International Conference on System Sciences, 2022, pp. 4528–4537. doi: 10.24251/HICSS.2022.551.
BARTH, Linard, Matthias EHRAT, Gianluca GALENO, Manuel HOLLER und Nikola SAVIC, 2022. Value generation in the product lifecycle with digital twins : status quo in Swiss companies. In: Proceedings of the 55th Hawaii International Conference on System Sciences. Conference paper. University of Hawaiʻi at Mānoa. 2022. S. 4528–4537. ISBN 978-0-9981331-5-7
Barth, Linard, Matthias Ehrat, Gianluca Galeno, Manuel Holler, and Nikola Savic. 2022. “Value Generation in the Product Lifecycle with Digital Twins : Status Quo in Swiss Companies.” Conference paper. In Proceedings of the 55th Hawaii International Conference on System Sciences, 4528–37. University of Hawaiʻi at Mānoa. https://doi.org/10.24251/HICSS.2022.551.
Barth, Linard, et al. “Value Generation in the Product Lifecycle with Digital Twins : Status Quo in Swiss Companies.” Proceedings of the 55th Hawaii International Conference on System Sciences, University of Hawaiʻi at Mānoa, 2022, pp. 4528–37, https://doi.org/10.24251/HICSS.2022.551.
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