Monetization opportunities
While cost optimization is a primary driver for the use of digital twins, value-added services and operational efficiencies are key to monetization. Let’s take a more detailed look at some digital twin use examples in the building operations and management area:
- Monitoring: Dynamic or intelligent condition monitoring is not new; however, the existing solutions are inefficient, produce inaccurate data, and do not deliver data fast enough for a quick response during fast-changing events. That’s because these systems typically use historical and static data that lags behind the current data and does not represent the current state.
Digital twin models work with data that is being collected in real time from sensors, detectors, fixtures, and other systems located in a building. Because the digital twin is constantly fed real-time information, it can mirror exact conditions on site and respond with immediate actions, such as when a...
