Cost Calculator
Cost Calculator
Here's a thumb rule calculator of estimated costs and savings to implement digital twins in 12 weeks.
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How to use the calculator
1. Inputs: category and the number of assets, current cost per day to run these assets, and the nature of operations (it's in critical path or not).
2. Outputs: current estimated costs, estimated savings with digital twins.
3. Definitions: Infrastructure (smart cities, airports, highways, etc.), Facilities (oil refineries, steel plants, etc.), Process (assembly lines, safety audits, etc.), Asset (HVACs, industrial robots, etc.), and Components (bearing systems, battery systems, etc.).
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