As enterprises work to remain resilient and competitive in a post-pandemic era, they are increasingly focusing on becoming digitally unified. Digital twins, or virtual replicas of physical products, processes, and systems, can help them achieve this goal by leveraging a physical entity’s real-time data to assist in decision-making and make predictions. Digital twins are helping firms reduce downtime, improve product tracking and tracing, and better monitor asset conditions by simulating diverse scenarios.
The need for accelerated time-to-market of digital twins, smoother IT/ OT integration efforts, and increased data and infrastructure security, as well as talent shortages across various enabling technologies, are driving enterprises to partner with service providers.
In this research, we present an assessment of 16 digital twin service providers featured on the Digital Twin Services PEAK Matrix® Assessment 2022.
Scope
All industries and geographies
The assessment is based on Everest Group’s annual RFI process for calendar year 2021, interactions with leading digital twin service providers, client reference checks, and an ongoing analysis of the digital twin services market
Contents
In this report, we feature:
Everest Group’s Digital Twin Services PEAK Matrix® evaluation of 16 digital twin service providers
Enterprise sourcing considerations across the assessed 16 service providers
Detailed profiles of all 16 providers, including their capability overview, scale, key investments, partnerships, and case studies that describe market impact
