The world is witnessing an all-level digitalization that guides the industry and business to a restructuration in order to adapt to the new requirements of the surrounding environment. That change also concerns the labour of the technical professionals and their formation. As a consequence of this deep consciousness-raising, this chapter will investigate and develop simulation models based on the current digitalization. The aim of this chapter is the exposition of a real case development of “digital twin” models framed as part of the condition-based maintenance paradigm to improve real-time assets operation and maintenance. This model contributes by providing real-time results that could turn into a basis for the industrial management decisions and place them in the Industry 4.0 paradigm environment.
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