How can Digital Twins enable a Digital Circular Economy?
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1 How can Digital Twins enable a Digital Circular Economy? Martina Prox, ifu Hamburg GmbH Member of the ipoint Group ipoint-systems gmbh
2 Outline What is a Digital Twin? Challenges and Hurdles for a Circular Economy How can Digital Twins enable Circular Economy Outlook 2
3 What is a Digital Twin? Material ipoint-systems gmbh
4 What is a Digital Twin? Digital twin refers to a digital replica of physical assets (physical twin), processes and systems that can be used for various purposes. The digital representation provides both the elements and the dynamics of how an Internet of things device operates and lives throughout its life cycle September 2, ipoint-systems gmbh
5 Challenge: Rapid Growth of International Laws and Stakeholder Requirements ipoint-systems gmbh
6 Challenges and Hurdles for a Circular Economy Complexity complex products complex production networks complex supply chains Transparency ingredients / composition contributing suppliers use phase information Business Models linear by design consumption <-> use owning <->sharing dependency of growth Source: The Guardian ipoint-systems gmbh
7 Digital Circular Economy Digital Twin Holistic Life Cycle Management Approach Life Cycle Information is key to Digital Twins enabling Circular Economy ipoint-systems gmbh
8 Information relevant to be included and updated in a Digital Twin for enabling Circular Economy Product Usage What is it for? Where will it be used? How? Is it a Direct Material? Does it meet specifications? Will it suffice? What are the concerns? What are the risks? Are there alternatives? Composition Information What substances does it contain? Are any of them regulated? Restricted? Banned? Do we have acceptable disclosure from the Vendor. Procurement Data Purchasing approval? Is the Vendor approved? Is it importable? Payment terms supported? Supply risks? 6 3 Health & Safety Information What are the risks? Hazards? Can we mitigate these? Do we have appropriate controls in place? Do we need to train our staff? Do we need to provide instructions? Facility Information Can we use it? Store it? Where exactly? How much? Do we adhere to Standards? Have we adopted appropriate Codes? Applied labels and signage? Environmental data What are the recyclability / disposal considerations? Release to Air, Water, Land? Waste Contractor required? Special process? Does the target market have adequate processes, infrastructure or contractors to handle this? What are the related Einvironmental Impacts? 8
9 Outlook: Digital Twin with Blockchain enabling Circular Economy Challenges Traceability Compliance Efficiency Speed & Cost Blockchain-enabled Solutions Develop Plan Source Make Deliver Return * Source: Deloitte, ipoint-systems gmbh
10 Climate: 8,6 t-co2 Energy: kw Outlook: Solution Live LCA Product-specific Life Cycle Information Climate: 8,8 t-co2 Energy: kw 309 saving poten Climate: 8,7 t-co2 Energy: kwh 312 saving potential Funded by Climate: 9,2 t-co 2 Energy: kwh Saving potential: ipoint-systems gmbh
11 Questions? now or later Martina Prox Would you like to get the presentation? go.ifu.com/lcic
12 ipoint Worldwide Americas Europe Asia ipoint Inc. Ann Arbor, MI, USA ipoint Inc. Los Angeles, CA, USA ipoint Ltd. Manchester, UK ipoint France Paris, France ipointsystems AB Växjö, Sweden ipoint-systems gmbh Headquarters Reutlingen, Germany ipoint-systems gmbh Munich, Germany ipoint BiS GmbH Stuttgart, Germany ipoint-austria GmbH Vienna, Austria ipoint Software and Information Technology (Shanghai) Ltd. Shanghai, China TisaMax Technical Co., LTD New Tapei City, Taiwan ipoint Korea Suwon, Korea ipoint Japan Co Ltd Tokyo, Japan ifu Institut für Umweltinformatik Hamburg GmbH Hamburg, Germany ipoint-systems gmbh
13 ipoint Worldwide Germany Austria UK Japan ipoint-systems gmbh Reutlingen, Headquarters Ludwig-Erhard-Straße Reutlingen T: F: Munich Therese-Giehse-Platz Germering T: F: info.muc@ipoint-systems.de ipoint BiS GmbH Stuttgart Wankelstr Stuttgart T: F: info@ipoint-bis.com ifu Institut für Umweltinformatik Hamburg GmbH Hamburg Max-Brauer-Allee Hamburg T: F: info@ifu.com USA ipoint Inc. Ann Arbor 255 East Liberty, Suite 287 Ann Arbor, MI T: F: info@ipointinc.com Los Angeles Magic Mountain Parkway, Suite 300 Valencia, CA T: info@ipointinc.com ipoint-austria GmbH Vienna Ignaz-Köck-Straße 10 Top Vienna T: F: info@ipoint-austria.at France & Benelux ipoint-systems gmbh Paris T: france@ipoint-systems.com Sweden ipoint-systems AB Växjö Framtidsvägen 16 SE Växjö T: +46 (70) info@ipoint-systems.se ipoint Ltd. Manchester Unit PO Box 4336 Manchester, M61 0BW T: F: info@ipoint-systems.com China ipoint Software and Information Technology (Shanghai) Ltd. Shanghai Room No. 331, Catering Part 2, 3F Huadu Building, Zhangyang Road , China (shanghai) Free Trade Pilot Zone Shanghai, China T: info-china@ipoint-systems.com ipoint Japan Co Ltd Tokyo Oak Minami-Azabu Building 2F Minami-Azabu, Minato-ku Tokyo, Japan T: info-japan@ipoint-systems.com South Korea ipoint Korea Suwon Boeun bldg 304, Yeongtong 1-dong Yeongtong-gu Suwon-si, Gyeonggi-do T: info-korea@ipoint-systems.com ipoint-systems.com ipoint-systems gmbh
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( 1) 2018 Mid term Growth Strategy 2018, Nov 5 th Hirose Electric Co., Ltd. President Kazunori Ishii ( 2) Cautionary Statement In this material, there are descriptions based on current estimation by Hirose