That’s certainly what Michael Jansen, CEO and Founder of Cityzenith believes, as he joined Dale Benton to discuss the booming digital twin technology market and how it can help prevent and respond to something like the COVID19 pandemic.
According to a recent report from ABI Research, the digital twin market is expected to grow from $3.8bn, as of 2019, to $35.8bn per year by 2025, with more than 500 urban digital twins expected to be in use.
So what’s behind this expected growth? Well, perhaps unsurprisingly, COVID19 has meant that now more than ever before we need to increase resilience and optimise resource management.
Examples of digital twin technology can be seen all over the world. The most notable examples is in its use in urban planning, but we also see it in the healthcare industry to virtualise the healthcare experience in order to optimize patient care, cost, and performance.
“Digital Twins developed to aggregate, manage, analyze, visualize, and predict information in today’s smartcities, manufacturing plants, and building construction sites, can be successfully re-purposed to provide a unique information management solution to the current Covid-19 crisis, now and later, at any scale”
Another example, and perhaps one of the more famous ones, is in aerospace. Back in the 1970s, NASA developed what is believed to be the first digital twin to better analyse and foresee any problem involving the airframes, engine, or other components to ensure the safety of the people aboard the Apollo 13 shuttle.
Digital twin technology can also play a key role in the monitoring of and response to natural disasters, so is it out of the question to suggest it can help prevent and respond to something like the COVID19 pandemic?
Listen to the Bitesize episode of The Digital Podcast below:
The digital twin technology market is most certainly booming and in just 4 short years, we will see a monumental shift in the adoption and implementation of digital twin technology.
As the technology continues to grow, so too will the use cases and as Jansen himself discussed, Digital Twins developed to aggregate, manage, analyze, visualize, and predict information in today’s smart cities, manufacturing plants, and building construction sites, can be successfully re-purposed to provide a unique information management solution to the current Covid-19 crisis, now and later, at any scale.
Find out more about the impact of COVID-19 on the Implementation of Digital Twins in the Global Building Industry.
