Systems and methods for managing industrial assets

A method for optimizing an operation of an industrial machine, the method comprising:

• providing a virtual asset that can be used by a processor circuit to generate, in response to at least one input condition, expected behavior information about and industrial machine;
• operating multiple industrial machines, wherein each of the machines corresponds to the virtual asset;
• sensing information about a first operating characteristic for one or more of the machines during operation;
• simulating the virtual asset based on the sensed information, wherein the simulated virtual asset virtually represents a dynamic changing state of a physical structure of an industrial machine among the multiple industrial machines;
• identifying a modification to an operating parameter of a machine implemented control of the industrial machine in response to a changing state of the industrial machine detected from the simulation of the virtual asset based on the sensed information;
• and
• pushing the identified modification of the operating parameter of the machine implemented control to the industrial machine, via a network.

A computing system comprising:

• a network interface configured to receive sensor data acquired by one or more sensors associated with an industrial machine;
• and
• a processor configured to simulate a virtual twin that virtually mimics a physical structure of the industrial machine based on the received sensor data, identify a change in the physical structure of the industrial machine based on a change in a virtual structure of the simulated virtual twin, and determine to modify an operating parameter of a machine-implemented control of the industrial machine based on the identified change in the physical structure based on the change in the virtual structure of the simulated virtual twin,
• wherein the processor is further configured to control the network interface to transmit the modification of the operating parameter of the machine-implemented control to a computing system associated with the industrial machine.