Digital twinning is the process of taking a physical asset and creating a virtual representation that provides transparent, real-time data on the asset’s performance. This digitization provides a seamless flow of operating, economic, insurance and carbon information that benchmarks performance.
By connecting smart meters and IoT devices to digital assets using blockchain, Digital Twinning enables aggregation of real-time asset performance so enterprise asset managers can manage the entirety of their portfolio. With AI, enterprise can begin to streamline and optimize their asset ecosystem with anomaly detection to reduce operating and maintenance expenses.
See how different sector’s use Digital Twinning: