03 Oct Creating Value with Complex System Digital Twins
Alpha Through Margin Expansion
Our guest Michel Morvan is cofounder of Cosmo Tech, a scientist, academic, entrepreneur and AI expert
In this episode, Michel and Bruce discuss:
- Complexity defined by systems and systems of systems
- The importance of knowing how things work for simulation
- Why using deep neural networks is lazy, when they make sense to use and when they don’t
- Data-based AI vs knowledge-based AI
- The proper definition of the digital twin… for value creation
- Different types of digital twins
- The power of simulating simulations
- Finding hidden value resulting from the Butterfly Effect
- Case study quantifying the technology ROI of the simulation-based digital twin
Mentioned in this Episode and Other Useful Links
- COmplex System MOdeling Tech website
- Michelin case study
- Innovation in simulation whitepaper
- Season 2: Episodes and show notes
- Season 2 book: The Private Equity Digital Operating Partner
- Season 1: Related episodes
- Season 1 book: IoT Inc
- Training: Smart digital transformation certification
