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Thanks to the introduction of IIoT technologies, it becomes possible to create a digital copy of a physical object, which is sometimes called a "digital twin". This copy is used to simulate testing and optimizing a given physical object in a virtual environment before applying it to a real environment. Similarly, real-time data from sensors integrated into physical objects or from other sources can be used to solve analytical problems such as condition monitoring, failure diagnostics, prescriptive and predictive analytics. 
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