This report explores the potential role of data and data analytics for the creation of significant competitive advantage and for the formation of knowledge-based capital. Five sectors are discussed in this report as areas in which the use of data can stimulate innovation and productivity growth....

Purpose: Digital Twins attract much attention in science and practice, because of their capability to integrate operational data from a wide variety of sources. Thus, providing a complete overview of an asset throughout its entire life cycle. This article develops and demonstrates a Digital...