as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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how do digital twins work?
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a digital twin is a virtual representation of a physical product, process, or system. these digital twins use real-time data from sensors to create a dynamic, up-to-date digital representation of an object in the physical world. this data is used to monitor performance, spot trends, and detect anomalies to improve operational efficiency and reduce maintenance costs.
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