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Metaverse production system saves millions for Renault

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Metaverse production system saves millions for Renault

Source: news.google.com

French automaker Renault claims to have created the world’s first industrial Metaverse designed to advance production savings from its digitized factories.

As of this week, all Renault vehicle production lines are connected, a total of 8,500 pieces of equipment, and 90% of supply flows are constantly monitored with all the supply chain data stored in its Metaverse, a digital twin. of your entire production system controlled in real time. The task of digitizing its production process began in 2016 and has already resulted in savings of 780 million euros (805 million dollars). By 2025, the automaker’s claims savings will increase by another 320 million euros ($330 million), adding to the 260 million euros ($268 million) in inventory savings.

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