Abstract

T he digital twin is one of the most important technological concepts in the framework of Industry 4.0. This term is often used in research and practical works devoted to the prospects of industrial development. The object of this study is the process of digital twin using in industry, and the subject of the study is the economic relations in the process of digital twin use in industry. The purpose of the article is to determine the value of the digital twin in industry, its main characteristics, possibilities of its application and effects for industrial enterprises. The complexity of this object determines the need to use a methodology for collecting fragmented data, systematizing the opinions of scientists and analyzing practical experience. The result of the research is identification of approaches to the definition of the digital twin concept and its complementary concepts. The key features of a digital twin, including a virtual dynamic representation of a physical object, automatic and bidirectional data exchange, the ability to observe, optimize work, simulate behaviour are formulated, and the state of a physical object is predicted in the article. The structure of the digital twin in the form of basic elements and information and management links is presented. The classification of digital twins, related important technological directions is proposed. The analysis of the practice of creating and using a digital double in industry allowed the author to determine the scope of its application and the main effects of use.The results of the study can be useful for researchers, specialists of industrial enterprises, representatives of government authorities to form a strategy for the industrial complex development in the process of digitalization. The obtained results can become the basis for the further development of the digital twin concept using methodology in the domestic industry

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