Description
In today's rapidly evolving technological landscape, digital twins are revolutionizing traditional business models in the architecture, engineering, construction, and operations (AECO) industry. The technology is not only transforming the way businesses operate, but it's also paving the way for innovative business models, enabling organizations to gain a competitive edge in the global market. A digital twin is a physical object's virtual replica that connects static, spatial, and real-time data from the real-world counterpart to provide valuable insights for the user. It integrates with additional tools that may use machine learning and AI to provide additional value in asset operations and management. This panel will explore how companies are using digital twins to build innovative business models. The panelists will discuss how they are augmenting existing deliverables, creating business opportunities, and diversifying short- and long-term revenue streams while building whole-lifecycle relationships with their clients.
Key Learnings
- Learn about what digital twins are, how they function, and how integrating with external tools creates value for customers.
- Learn how panelists' businesses are using digital twins to boost new business, augment deliverables, and create revenue.
- Learn strategies for how to use digital twins to aid in building long-term client relationships and value.