How to Carry Your Business Into the Circular Economy Using Virtual Twins & Predictive Analytics on the 3DEXPERIENCE Platform

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Why manufacture waste when you can manufacture resource materials? This is the grail of the circular economy: a systemic approach to design and manufacturing that is driving the sustainable transformation of  industry in the race to reach global climate change targets by 2030 –  all enabled by the digital capabilities available on the 3DEXPERIENCE platform.

 

 

WHAT IS A CIRCULAR ECONOMY?

A circular economy is based on eliminating waste and pollution, keeping products and materials in use and regenerating natural systems. It’s a way of thinking and doing that is replacing the traditional and linear ‘take-make-dispose’ model where value is created through production and selling while generating waste. Today, manufacturers are learning to optimize their waste management in closed-loop material flows that not only create value, but preserve it too. The Ellen MacArthur Foundation has estimated that if the entire manufacturing industry were to align with circular principles, it could save up to US$630 billion a year on raw materials in the EU alone.

 

AT THE HEART OF A CIRCULAR ECONOMY IS A CONNECTED DIGITAL PLATFORM

In complex manufacturing environments, the move towards a circular economy requires a connected digital platform that brings people and information together: a fully-integrated platform that helps all stakeholders convert waste into resource materials thanks to end-to-end visibility, lifestyle assessements and first-time right manufacturing. The 3DEXPERIENCE platform not only provides value network integration, it incorporates two key levers designed to power the transition to sustainable manufacturing and a more circular economy.

 

  • THE VIRTUAL TWIN EXPERIENCE

Virtual simulations enable manufacturers to find sustainable and cost-effective materials while minimizing physical testing and waste. The virtual twin experience on the 3DEXPERIENCE platform captures physical operations into a comprehensive digital copy. It allows manufacturers to explore options and gain insights regarding the consequences of their actions before actually making the decision to go ahead. This groundbreaking technology enables them to evaluate all the different processes required to manufacture products, identify risks earlier and ensure a higher yield while reducing scrap.

  • INFORMATION INTELLIGENCE & PREDICTIVE ANALYTICS

The 3DEXPERIENCE platform also offers decision support through what-if scenario analysis. It evaluates the outcomes of multiple scenarios to enable better-informed decisions that optimize products and processes for reduced waste. With predictive analytics incorporated, the platform can transform large volumes of multi-source data into meaningful information intelligence to help manufacturers continuously improve waste management. It helps them find the best trade-offs between, for example, efficiency and generated waste from machines – and thanks to predictive maintenance, it helps improve product quality through early detection of non-conformities too.

Optimize your waste management with information intelligence. Adopt virtual twin technology for more sustainable manufacturing and enable the transition to a more circular economy. Join us on our journey to a better world with the 3DEXPERIENCE platform.

 

Discover the impact of virtual twin technology on the circular economy with senior experts here.

Find out more about green manufacturing with virtual twins here.

Learn more about optimizing waste management on the 3DEXPERIENCE platform here.

Download the e-book.

 

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