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.
In this report, we feature: