A digital twin is essentially a virtual simulation of real-life situations that can generate countless scenarios to fill gaps in data and help with planning and proactively overcome challenges. A May 2022 study by IQAX found that the use of prediction models increases the accuracy of estimated times of arrival by an average of between 20% to 30%. By using a digital twin, IQAX TrackIt gives users access to significant improvements in terms of data and information compared to only using an electronic data interchange (EDI).
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