System and method for providing digital twin services from multiple digital twin providers

A system for providing digital twin services for a physical asset from multiple digital twin providers, comprising:

• a plurality of provider terminals;
• an asset owner terminal;
• and
• a server in communication with the plurality of provider terminals and the asset owner terminal, the server including:
• a processor;
• a memory including a tangible, non-transitory computer readable medium with processor-executable instructions stored thereon;
• and
• an administration subsystem configured to:
• receive a plurality of asset models with model implementation instructions from at least one of the provider terminals;
• store the plurality of asset models with the model implementation instructions into a model database;
• receive a digital twin request, from the asset owner terminal, for creating a digital twin instantiation of a selected asset model from the model database;
• create the digital twin instantiation for the physical asset;
• receive operating history data of the physical asset from a data source;
• store the operating history data of the physical asset;
• generate a reportable for the digital twin instantiation;
• and
• transmit the reportable to the asset owner terminal;
• an operation subsystem configured to:
• receive a current life request from the administration subsystem;
• determine a current life of the digital twin instantiation using the operating history data and the model implementation instructions;
• receive a residual life prediction request from the administration subsystem;
• and
• determine a residual life prediction by using the model implementation instructions, the current life, and a hypothetical operating history data, the residual life prediction being indicative of a residual life before reaching a predetermined state associated with the physical asset in operation,
• wherein the reportable includes at least one of the current life and the residual life prediction.

A method for providing digital twin services for a physical asset from multiple digital twin providers, comprising:

• providing a system for providing the digital twin services for the physical asset from the multiple digital twin providers, the system having a plurality of provider terminals, an asset owner terminal, and a server in communication with the plurality of provider terminals and the asset owner terminal, the server including:
• a processor, a memory including a tangible, non-transitory computer readable medium with processor-executable instructions stored thereon, an administration subsystem, and an operation subsystem;
• receiving, by the administration subsystem, a plurality of asset models with model implementation instructions from at least one of the provider terminals;
• storing, by the administration subsystem, the plurality of asset models with the model implementation instructions into a model database;
• receiving, by the administration subsystem, a digital twin request from the asset owner terminal, for creating a digital twin instantiation of a selected asset model from the model database;
• creating, by the administration subsystem, the digital twin instantiation for the physical asset;
• receiving, by the administration subsystem, operating history data of the physical asset from a data source;
• storing, by the administration subsystem, the operating history data of the physical asset;
• receiving, by the operation subsystem, a current life request from the administration subsystem;
• determining, by the operation subsystem, a current life of the digital twin instantiation using the operating history data and the model implementation instructions.
• generating, by the administration subsystem, reportable for the digital twin instantiation;
• and
• transmitting, by the administration subsystem, the reportable to the asset owner terminal.