The digital twin invokes, in my mind, the idea of a holographic image projected by a device or machine, like we would see in a sci-fi movie.
In fact, a digital twin is a rendition of something in another dimension. The twin looks and behaves exactly like the real version but it learns faster and can access more information. It’s the ‘test-bed’ that you can try your ideas on, without breaking anything
The concept of a digital twin has been around since… but only recently did advancements in digital technologies such as lower cost electronic devices, the Internet of Things (IoT), and the ability to leverage software code (application programming interfaces – or APIs) make the digital twin concept viable.
According to industry consultants, Deloitte Inc., if applied correctly, the digital twin can help businesses:
A digital twin is basically a replica of a physical product, process or system, that behaves in the exact way the physical object would. A digital twin integrates the key data of a system to produce information about an object (e.g. building, supply chain or vehicle) that accurately simulates the objective in its interfaces with other objects and the environment. A digital twin connects decision makers, planners, and workers with their subject through data and information. Given this definition, it’s no surprise that the IoT and increased capabilities in data gathering and processing, are allowing the digital twin to become a reality.
The value of a digital twin is suited to specific organizations and teams. The following qualities in an organization are shown to produce the best outcomes with digital twins:
General requirements to implement the digital twin include:
There are many different use cases for the digital twin that will result in different outcomes. Building asset management is one area of the economy where a digital twin can provide huge value. Visual twins can support building asset management in a number of ways, such as:
BuildSense™ is a real estate SaaS company that empowers building operators to deeply understand their assets and fully optimize their building performance.
BuildSense™ uses utility bills, basic building information and energy audits to generate an accurate depiction of a building’s performance.
The building performance data displayed via BuildSense™ informs users of the renovation opportunities in their building(s). Similar buildings are used for comparison and IoT is integrated to provide the sensing capabilities to determine where in the building it makes sense to turn things down, turn things off, or replace things, to make the building perform better.
Through BuildSense,™ the data and assessment of the building is guided with AI and an energy integration specialist (EIS) that knows how to interpret and analyze the building data. With a BuildSense™ account, building owners and managers and service providers have a digital twin of the building as an operating system.
Within the first year of owning a BuildSense™ account, buildings are performing 10% better than they were previously and are positioned for performance improvement of up to 50% over the 5 year contract term.