In this report, Verdantix provides an overview of digital twin solutions for industrial facilities and applications:
"Speaking with 22 suppliers, we find that the digital twin supplier landscape is convoluted, and only a handful of suppliers are able to offer all the functionality required to create, sustain and operationalize a digital twin."
Not all industrial digital twins are built equal. They mandate quasi-real-time OT, IT and ET data exchange. Their sophistication levels dictate functionality requirements.
Digital twins provide users with tools to enhance facility design, operation and safety. Improve budgeting and engineering of asset-intensive capital projects. Boost performance and safety of operations and maintenance.
The market for industrial digital twins is undergoing fast development