Swedish IT giant Hexagon surveyed 660 business executives from 11 industries around the world and found that companies using digital twins – computer models – experience an average 19% cost savings and 22% annual return on investment.
Although 96% of executives said that they recognise the value digital twins can bring to their organisation, only 16% plan to substantially increase their investment in the technology in the next two years.
±ل±ً³و²¹²µ´ا²ش’s Digital Twin Industry Report says that artificial intelligence (AI) integration is driving further interest in digital twins.
“Leaders are realising that AI is not just a feature but the key to maximising the potential of digital twins,†said Hexagon chief technology officer Burkhard Boeckem. “From processing massive data sets to driving smarter decision making, AI has become a core component of digital twin strategies. Organisations embracing AI will reap the rewards in efficiency, innovation and long-term growth.†آ
Digital twins are also helping companies meet sustainability goals; 78% of respondents reported reduced carbon emissions due to adoption. On average, these companies see a 15% reduction in emissions.
One of the report’s key insights highlights the gap between expectations and reality.
While only one in five respondents without a digital twin believe that a digital twin could help with collaboration, 44% of those with a digital twin experience collaboration benefits.
The report is available via
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