Pinmicro Digital Twin Technology is a powerful tool that can help businesses identify and optimize their workflows. This technology uses real-time data to create virtual models of physical objects and processes, allowing businesses to gain insights into their operations.
With this technology, companies can monitor their performance in real time, improve operational efficiency, reduce costs, and increase customer satisfaction. Pinmicro’s Digital Twin Technology also helps businesses identify potential risks or issues before they become a problem.
By leveraging this technology, companies can ensure that their processes are running smoothly and efficiently while reducing the risk of costly errors or delays.
What is Pinmicro’s Digital Twin Technology and How Does it Help Businesses
Pinmicro’s Digital Twin Technology is a revolutionary concept that enables businesses to gain insights into their operations. The technology uses data from the physical world and combines it with digital information to create an accurate digital twin of their products, processes, and services.
This helps businesses to make better decisions, reduce costs and improve customer experience. With the help of this technology, companies can identify potential problems before they arise and take corrective action quickly. Furthermore, businesses can use the data collected from Digital Twin Technology to optimize their operations for maximum efficiency.
How Pinmicro’s Digital Twin Can Help Companies Overcome Common Workflow Challenges
Pinmicro’s Digital Twin technology is revolutionizing how companies approach workflow challenges. This innovative technology creates virtual replicas of physical objects, giving companies the ability to monitor and control their operations in real-time.
With Pinmicro’s Digital Twin, businesses can easily detect errors, optimize processes, reduce costs, and increase efficiency. By providing them with real-time data about their operations, Pinmicro’s Digital Twin helps companies to better understand their processes and make informed decisions that will improve their workflow.
The Benefits of Using Pinmicro to Streamline & Accelerate Your Business Workflows
Pinmicro is a powerful workflow automation tool that helps businesses streamline and accelerate their workflows. It provides users with an easy-to-use interface to manage and track their workflows, allowing them to focus on more important tasks.
With Pinmicro, businesses can easily create automated processes that save time and energy, as well as reduce the cost of manual labour. Additionally, Pinmicro enables users to access their data from anywhere in the world at any time, making it easier for them to make decisions quickly and accurately. By using Pinmicro, businesses can improve their efficiency and productivity while reducing costs associated with manual labor.
What Are the Different Types of Digital Twins Offered by Pinmicro
Pinmicro is a digital twin technology provider that offers a wide range of digital twins to help businesses increase their efficiency and productivity. These digital twins are created by combining data from physical assets with sensors and AI-driven analytics.
They can be used to monitor the performance of physical assets, simulate scenarios, and optimize processes. Pinmicro’s digital twins come in different types such as Virtual Twins, Physical Twins, and Digital Threads that can be customized according to the needs of the business.
How to Set Up Pinmicor’s Digital Twin Solution for business
Pinmicor’s Digital Twin solution offers businesses the ability to create a virtual representation of their physical assets, processes, and systems. This allows them to better understand how their operations are performing and what changes they need to make in order to improve them. By the end of this article, you should have a good understanding of how Pinmicor’s Digital Twin can help you optimize your operations.
Key Points
- Pinmicro, a Tokyo and Kochi-based company founded in 2018, assists organisations in building highly accurate real-time location systems (RTLS) and Internet of Things (IoT) data digital twins of their business operations.
- Ultra-wideband (UWB) radio technology is currently making its way into daily use, from keyless car door locks to AirDrop file sharing. The technology itself is old, though. UWB and Wi-Fi fought to be the fastest wireless data transfer technology in the early 2000s. It was defeated at the time by Wi-Fi and has subsequently been applied in military and medical situations.
- When Tokyo-based Pinmicro created a tool to assist businesses in tracking their business operations using location data in 2018, it became an early adopter of UWB.
- It’s critical to comprehend the capabilities of the technology in order to comprehend how Pinmicro established its company on UWB. Data can be transmitted using UWB over a large radio spectrum, ranging from 500MHz to several gigahertz.
- UWB is a type of radio technology, much like Wi-Fi and Bluetooth, but because it uses pulse-based technology, it can carry data at speeds of up to 1 GB/s over shorter distances (10–15 metres).
- In plain English, UWB employs ultra-low power and is a short-range wireless communication protocol that offers centimeter-level location precision in real-time, akin to Wi-Fi, Bluetooth, and RFID.
- Such precision is essential for businesses looking to optimise their procedures. Using a digital twin, businesses may identify and immediately fix workflow bottlenecks.
- Pinmicro, a firm founded by Tiby Kuruvil, Gijo M S, Jayaraj Gopi, and Ravindranath AV, leverages data from real-time location systems (RTLS) and the Internet of Things that is extremely accurate.
- “We optimise business operations utilising location data as our value proposition. According to Ravindranath A.V, co-founder of Pinmicro, “The problem we actually answer is indoors by assisting firms operate profitably by utilising location data and building a digital twin.
- The firm started off by marketing its products in Japan, which accounts for a sizable portion of its clients today.
- Ravindranath claimed that because he, Tiby, and Gijo had already established the digital solutions and services firm Innovature in 2005, it was simpler for the trio to attract customers in Japan.
- The team at Innovature developed a solution to address last-mile-related issues while working on digital transformation initiatives.
- The co-founder stated, “We wanted to learn where individuals or things were physically, in metres away.
- The group decided to start Pinmicro, a brand-new business that will concentrate on real-time location. As a co-founder, Jayaraj Gopi was also welcomed on board.
- The group began experimenting with the concept in 2015, and in late 2015 or early 2016, R&D got under way. Before launching the company publicly in 2018, it worked on Proof of Concept for the following two years.
- At the moment, Pinmicro employs 60 people. Its Kochi office houses its hardware as well as its technological research and development (hardware design, embedded systems, and cloud services). In addition, Kochi is where the corporation logs its sales to the US, Indonesia, Oman, UAE, Philippines, and India.
- Enterprises may increase their operational efficiencies and generate greater RoIs with the aid of Pinmicro’s real-time location solution, dSense.io.
- For instance, Pinmicro assisted one of its clients in the railway sector to 20% enhance operational efficiency and 25% decrease maintenance cycle time.
- The startup affixed two pieces of its equipment: beacon receivers within the maintenance unit and beacon cards to machinery that entered the maintenance unit.
- Pinmicro is bootstrapped aside from the Rs 15 lakh it received from Kerala Startup Mission for no equity.
- The startup, which was incubated by NSRCEL, IIM Bangalore, NASSCOM 10000 Startups, and the GHV MAIL programme, is currently seeking funding from angel investors to grow its business.
- According to Markets and Markets research, the ultrawide-band market is anticipated to increase from $1.1 billion in 2020 to $2.7 billion in 2025 at a CAGR (compound annual growth rate) of 19.6%.
- “We’re almost at the adoption curve. It’s going to be used by people. Ravidranath continued, “So we have to really scale up. The firm is looking at around 7X growth in the next five years.
- The main plan of action for the next three years is to expand the company’s brand awareness through marketing, boost sales, and develop technology.