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Groundbreaking Technology Digital Twins Are Here to Stay!

From Ahlam Rais 7 min Reading Time

Related Vendors

Siemens AG
Bentley Systems Germany GmbH
TURCK GmbH
Glatt Ingenieurtechnik GmbH
EDL Anlagenbau Gesellschaft mbH

This smart technology has been in the news for quite some time but how useful is it for industrial plants? Bart Moors, General Manager Process Industries Software at Siemens and Prathamesh Gawde, Senior Product Marketing Manager at Bentley Systems highlight the many benefits of adopting the digital twin technology across industrial facilities.

With the power to replicate the physical assets of a system or production process into a virtual system, the digital twin enables industry players to make informed decisions about the lifecycle of plants, optimization of processes as well as enhancing production based on real-time data.(Source: © EmmaStock - stock.adobe.com)
With the power to replicate the physical assets of a system or production process into a virtual system, the digital twin enables industry players to make informed decisions about the lifecycle of plants, optimization of processes as well as enhancing production based on real-time data.
(Source: © EmmaStock - stock.adobe.com)

It’s all virtual! Yes, that’s the beauty of the digital twin technology. With the power to replicate the physical assets of a system or production process into a virtual system, the digital twin enables industry players to make informed decisions about the lifecycle of plants, optimization of processes as well as enhancing production based on real-time data and it’s all happening virtually. According to a study by market research company Grand View Research, the global digital twin market size is projected to reach 155.84 billion dollars by 2030, registering a CAGR of 34.2 % from 2025 to 2030. This shows the huge growth potential of this innovative technology.

Digital Twin: A Vital Tool for Industrial Plants

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