Digital twin technology is expected to lead the way in transforming our cities, saving billions in running costs and assisting towards net-zero targets.
A new report by global tech market advisory firm ABI Research says the cost benefits through using digital twins for more efficient urban planning could be worth $280bn by 2030.
The report also details potential efficiencies, such as: first-time suitable designs of buildings and other physical infrastructure which will avoid the need for expensive modifications after completion; energy-efficient building designs that maximise solar capacity and yield lifetime energy savings; and the design of Covid-proof buildings to deliver healthcare savings. Digital twin technology can manipulate huge amounts of data to enable smooth and accurate right first time and on time construction on new projects, and help retrofit older construction to cut emissions.
Dominique Bonte at ABI Research concluded: “While the cost-saving advantages of digital twins allow cities to achieve fast ROIs, the increasingly complex nature of connected and smart urban infrastructure – especially in view of future smart urban concepts – will simply mandate the deployment of digital twins as critical, holistic management tools.”
For more, visit bit.ly/ABIDigitalTwins