How Digital Twin technology will help your business?
What is Digital Twin?
Digital Twin is a digital replica of a real-world physical or intangible object which can be altered and tested in the virtual environment. You can literally create, alter and test virtual objects that are based on real-world objects without engaging them physically.
What is a 3D Digital Twin?
The 3D digital twin is a three-dimensional digital representation in real-time. It begins with capturing the 3D model of the interior of the physical object such as a building, vehicle or any intangible object and then uses that information to construct virtual objects in real-time. That gives a user to virtually walk through the virtual environment as if they were walking in reality.
You can understand this with examples of Digital spaces like “Metaverse” are the new trend in the market, these digital spaces have more potential for businesses. Simulation games like Cities: Skylines or The Sim 4 allow players to design and construct houses and buildings.
Digital Twin in real estate:
A Digital Twin in real estate is a digital representation of a building’s ecosystem which include HVAC systems data, the building’s interior and exterior designs, facility management and security system data, lighting and fire sensor data and many more.
How you can use Digital Twins in real estate?
· Based on the insights and information gathered from the building’s simulations, you can identify the areas to improve.
· Digital twins can simulate the real-time status of a building at any time.
· You can plan, visualise and monitor the building’s development to analyse and find similarities between the simulated model and the ongoing project.
· You can improve productivity and optimise processes, operations and safety during the construction of the building.
· You can ensure the resources are available and will be present on time by monitoring the status.
· You can control the HVAC system with the digital twin. More than 50% of the operating cost of electricity is related to the lighting and HVAC systems
· You can monitor the whole facility with the help of smartphones or computers.
· You can simulate different scenarios and analyse the change of anything in simulation.
· You can leverage this technology for planning eco-friendly or smart projects.
· You can use an interactive virtual environment for the presentation and provide an immersive experience to the customers.
The Singapore-based technology company that specialises in creating and virtualising digital realities has essentially “cloned” the entire city-state, complete with photorealistic renditions of every aspect of it, from aerial to building to the street level to the interior. In less than two weeks, Singapore, modelled using satellite images and AI and divided into 1 square meter tiles, totalling 728,000,000 tiles, was built.”
Why you should use Digital Twin?
We must find new ways to prevent or minimise the risk of loss, every business wants to protect its assets and make the customer experience better. Digital Twin allows businesses to minimise their cost, with the accurate real-time simulation of virtual objects, you can develop, test, modify and present your product even before manufacturing. This will also add confidence for the businesses and help them with complicated issues.
Businesses want to market their products faster, you can twin processes, products and services with simulations. Testing and development costs will be reduced many times. Through simulations and analysis, you can anticipate how your products will work or perform.
Why it could be beneficial for your business?
With the rise of cutting-edge technologies such as IoT (Internet of Things), Machine Learning and Augmented Reality, Digital twin is becoming essential for businesses. It will change the way how we design, plan, manufacture, and operate the business. If we can create a bridge between digital and physical objects, then we can use this technology for the betterment of both businesses and society. The applications and benefits of digital twin are endless and it really depends on us how we utilise it in your business.
