Beyond a 3D image
FinFly recommends asking which real data feeds the model, how often it updates and which decisions it supports.
Digital twins link representations with real objects or processes. NIST notes that definitions vary across industries.
FinFly recommends asking which real data feeds the model, how often it updates and which decisions it supports.
Compare model outputs with measurements. Stale inputs or changed conditions require revalidation.
Establish whether the system only observes or also commands equipment. The responsibilities and risks differ.
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