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The Internet of Things (IoT) made the implementation of digital twins so cost-efficient that it is highly imperative to businesses today. With digital twins being the digital one to one representation of a physical thing, they allow real-time data collection and close monitoring of a things’ lifecycle. However, digital twins not only exist for things, but also for entire organizations.
BaseN Platform is a distributed environment that fully permits and enables the usage and management of physical assets, processes, and systems as spimes, the next generation and patented extension of digital twins. The platform itself uses the same spime concept for all aspects of its service operations, in how it monitors, analyses, and controls everything it manages.
“For the past 100 years enterprises have been operating mainly in a fire and forget business model,” says Pasi Hurri, President and CEO of BaseN. “By utilizing digital twins and ultimately spimes, we can finally witness the emergence of everything as a service and true circular economy. This will yield dramatic efficiency gains and sustainability for businesses and the planet.”
About BaseN
BaseN, the global Full Stack IoT Operator, provides an inherently scalable computing Platform for hosting billions of spimes, the core objects of the Internet of Things. Spime is the permanent logical brain and memory of any physical Thing. BaseN currently handles close to one million spime transactions per second, and enables the transformation from physical products to intelligent services in any industry. Since BaseN’s establishment in 2001, its powerful Platform has served telecom operators and large multinational enterprises with extreme-scale and fault-tolerant network and service management systems, and now enables them to roll out entirely new Internet of Things services www.basen.net.
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