60% of organisations leveraging digital twins
Digital twin adoption has hit the mainstream, with 60% of organisations in major sectors leveraging the technology, according to a new report from Capgemini Research Institute.
The report found that organisations are leaning on digital twins as a catalyst to both improve operational performance and help fulfil their sustainability agenda.
More than half (57%) of organisations surveyed agree that digital twin technology is pivotal to improving sustainability efforts, with 34% having already implemented digital twins at scale to understand and predict their energy consumption and emissions.
The report estimates that digital twin implementations will increase by an average of 36% over the next five years, with organisations in industries such as automotive, aerospace, life sciences, and energy and utilities developing a growing appetite for digital twin technologies.
Respondents report that cost-saving benefits (79%) and technological advancement (77%) are key drivers of their digital twin investments.
Capgemini global head of intelligent industry Roshan Gya said digital twins offer flexible ways of working to mitigate risks and extend collaboration, which presents a unique opportunity to increase profitability while optimising the use of resources across the value chain.
“By bridging the ‘physical-digital’ gap, digital twins help organisations to unlock value, bring synergies across data, technologies and business processes, and are at the core of intelligent industry transformation,” Ga said.
“Digital Twins offer a unique opportunity for organisations looking to accelerate their journey towards intelligent operations, while increasing profitability and enabling a sustainable future.”
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