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This OpenText whitepaper explores the expanding role of digital twin technology and its growing range of use cases across industries. It highlights how digital twins—powered by AI, IoT, and data analytics—enhance product design, maintenance, risk management, and sustainability efforts. The whitepaper also outlines key challenges for large-scale deployment and emphasizes the need for an identity-centric IoT platform to securely connect people, systems, and devices within a unified digital ecosystem.