WiMi Developed Digital Twin Modeling Technology Based on Multiple Data Sources

BEIJING, Oct. 6, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that it developed digital twin modelling technology based on multiple data sources to build more comprehensive, accurate, and reliable digital twin models.

This technology refers to the integration of data from different sources into a unified model. In digital twin modelling, the multiple data source integration technique can help us obtain more comprehensive and accurate data, thus improving the precision and reliability of the digital twin model.

The key modules of the integrated digital twin modelling system based on multiple data sources include data acquisition and pre-processing, data integration and consolidation, model development and training, model deployment and real-time updating, and visualization and analysis, etc., which are interdependent and interact with each other, and collectively constitute the key aspects of the integrated digital twin modelling technology.

First, the system will collect data from multiple data sources and pre-process and clean them to ensure the quality and consistency of the data, including data cleansing, data conversion, data merging and other operations. Then the data from different data sources will be integrated into a unified data model. This may require operations such as data mapping, data transformation, and data integration to ensure that data between different data sources can be effectively correlated and analyzed. The development of the model for digital twin modelling is then carried out and the integrated data is used for model training and optimization by selecting appropriate modelling algorithms, defining the structure and parameters of the model, and using the training data to train and validate the model. Next, the trained model is deployed to a real-time environment and receives and processes data from different data sources in real-time. This may involve operations such as the deployment of the model, real-time transmission of data, and real-time updating of the model to ensure that the digital twin model reflects real-world changes in real time. This module is responsible for visualizing and analyzing the results of the digital twin model so that users can understand and utilize the output of the model, and providing the application of visualization tools and analytical algorithms to support users’ understanding and decision-making on the model results.

With access to more data sources and more complex data integration requirements, future digital twin modelling techniques may need to deal with multi-modal data, including different forms of data such as image, sound, and video. Multiple data sources integration needs to be able to process and analyze this multi-modal data to more fully model and predict real-world behaviour. Future digital twin modelling technologies are also likely to be more automated and intelligent, and by combining machine learning, artificial intelligence, and automation technologies, it will be possible to automate the data integration and modelling process to improve the accuracy and efficiency of the models. There will also be more focus on real-time data processing and real-time updating of models to more accurately reflect changes in the real world, as well as cross-domain applications and integration between different domains to achieve a more comprehensive and holistic digital twin model, all of which are future trends in the digital twin modelling technology based on multiple data sources.

The rapid development of big data, cloud computing, the Internet of Things and other technologies has significantly improved data acquisition, storage and processing capabilities, which provides the technical basis and support for the realization of the digital twin modelling technology with multiple data sources. The digital twin modelling technology with multiple data sources researched by WiMi has a wide range of application prospects in many fields, such as industrial Internet, smart city, virtual reality and so on. With the continuous progress of data acquisition and processing technology, as well as the increasing demand for intelligent and sustainable development, this technology will be further developed and innovated.

About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements
This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

Source: WiMi Hologram Cloud Inc.

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