Top 5 reasons to invest in the New Digital Twin Technology

In this week's read, let's look at why you should be investing in a digital twin for your organization. We share the top 5 reasons and more that you can consider while making a decision to implement this futuristic and advantageous solution.

In today's world, where technology is important to employ in every field and also as it seamlessly integrates into every aspect of business operations, the digital twin technology has emerged as a power player, particularly in industries like manufacturing, construction, real estate and a lot more.

The Strategic Imperative of Investing in Digital Twin Technology

As businesses navigate an increasingly complex digital landscape, the digital twin technology, a dynamic virtual representation of a physical system, offers transformative capabilities. Here’s a detailed exploration of why it's essential for modern industries to invest in digital twin solution right now!

1. Innovation and Competitive Advantage

Digital Twin is future proofing your business with the latest technology - Investing in the software positions a company as a leader in innovation. Moreover, as industries increasingly move towards automation and smart technology, having a digital twin strategy in place ensures that a business remains competitive and adaptable to future advances. It fosters an environment of continuous improvement and experimentation, crucial for staying in a fast-paced market. This speed in innovation is not just about keeping pace but setting the pace, defining market trends, and leading industry transformations.

With Beamo comes the advantage of creating a digital twin in just minutes and not hours or days. It is the new chapter in remote work. As you capture the site easily and generate a 360 view immediately. Its scalability also ensures making your IoT visible, since it allows you to monitor data in a more immersive way.
The spatially contextualized information empowers you to make faster and smarter decisions.

2. Easy and Fast. Three simple steps to creating a Digital Twin

Capturing a 360° view of your facilities and creating an immersive digital twin to the final 3D view, only takes about 20 minutes (200 photos based). It also provides superior indoor mapping and unlimited coverage, while being editable and modular, in the sense that if the site undergoes changes, you simply edit it on to the already existing capture. The need of re-capturing the whole area is eliminated as it just stitches the newly updated image. With Beamo's digital twin technology, all you need is a 360-camera, smartphone and a tripod. While anyone with a simple on-boarding training can walk and capture the site. There isn't a need of post editing because of the fast processing of individual captures being stitched into a 360 image immediately.

Beamo Portal helps you to explore the reality of the site in an immersive 360° view along with enterprise level security. With the Virtual Private Cloud no one else has the key to the data or access to the cloud without permission. The Single Sign On securely confirms the identity of the users and devices when entering into a network. And the User Management (RBAC + ABAC), a hybrid of Role-Based Access Control and Attribute-Based Access Control frameworks is also implemented.

3. Improved Efficiency and Productivity

Implementing digital twins can dramatically improve the efficiency of operations and maintenance routines, in turn helping the businesses grow. By having a real-time replica, businesses can monitor systems and processes continuously. Beamo's Digital Twin also plays a major role in cost reduction. It also reduces the number of visits to the site by cutting down inspection time, travel costs and reduced number of personnel in the team needed onsite.

Digital twins allow businesses to provide customers with deeper insights into their sites and services, resulting in enhanced customer service. For example, in the hotel estate sector, potential customers can take virtual tours of properties, enhancing their booking experience and satisfaction.

Digital twins revolutionize customer interaction by providing immersive and interactive experiences. In the construction industry, digital twins of sites enable businesses to inspect unreachable areas and see the impact of different configurations in real time. This personalized interaction not only enhances the construction but also boosts mobilizing cross-departmental teams, leading to streamlining workflow and increasing scalability.

4. Unique Features of Digital Twin Technology

Implementing Beamo allows for pain-free site surveys by saving 30% inspection time, cutting down the need to travel onsite by 40% and reducing the teams that are needed onsite by 70%. In addition to reducing the amount of time spent on creating reports by taking photographs, it provides a more realistic report. With this technology, businesses can check access protocols and best routes by displaying methods for inspection personnels to access the entire site or even specific areas.

With Beamo, you can capture indoor or outdoor areas through walking, driving, drones or robot dogs. It also lets you browse your digital twins instantly from your smartphone, anywhere. The enterprise ready features are apt for large teams, as the custom site map permits organizing, filtering and bookmarking sites, while also allowing businesses to assign roles with the Tag, Comment, Measure, Compare, Guide and Meet options in the 3D workspace.

Beamo gives you the foundation to create your own corporate spatial internet that lets you contextualize site documentation, field training programs, IoT sensor data and operational tasks. Its machine learning algorithm displays the result consistently, no matter what device is used or whatever modifications or annotations are added to the 3D Workspace. To improve user experience, Beamo only loads the field of view of the user while the rest of the 3D space dynamically loads on demand. It also lets you train employees remotely by attaching content like asset management manuals.

Digital Twin technology also allows you contextualize information by anchoring it spatially in a 3D virtual space, like in real life and build databases to make them available for current and future use. While making it easy to manage projects from a single dashboard and to handle various projects of any scale or level of complexity.

5. Manage, Collaborate & Document Better

Enhanced and Strategic Decision-Making - Digital twins create precise virtual models of physical entities. This capability enables companies to make informed decisions quickly, regarding everything from space design to operational changes. By seeing the impact of decisions in a virtual space, companies can avoid costly mistakes and optimize their strategies.

Operational Excellence through Real-Time Monitoring - The core strength of digital twins lies in their ability to monitor assets continuously. This capability transforms traditional maintenance approaches. You can record your project's progress and get the information you need to plan and keep track of your progress at all times. The digital twin software also allows the creation of an immersive a 360° view of your site and monitor the progress over time.

Resource Optimization - The detailed insights provided by digital twins allow businesses to optimize resource allocation. Companies can enhance energy efficiency and reduce environmental impact. Digital twins help a business to work together with the entire team towards the same goals with an intuitive and scalable platform. This capability leads to significant reductions in workforce time costs and carbon footprint, aligning with global sustainability goals.

A Pathway to Future-Ready Business

The strategic implementation of digital twin technology is a clear indicator of a company’s commitment to leveraging digital transformation for enhanced competitiveness and efficiency. As digital twin technology becomes more advanced and accessible, its integration into business strategies is not merely an option but a necessity for those looking to thrive in a digitized future.

Business leaders must consider photo based digital twins not just as a technological investment but as a foundational element for future-proofing their operations. With its profound impact on decision-making, operational efficiency, cost reduction, customer satisfaction, and innovation, the new digital twin technology is set to redefine industry standards and drive businesses towards unprecedented growth and success. A critical investment for any forward-thinking business strategy, by deeply integrating this technology, companies can unlock new levels of performance and value creation, paving the way for leadership in their respective sectors.

The the new, fast and easy digital twin technology offers benefits that can transform business operations, drive innovation, and deliver significant competitive advantages. As we advance further into the digital age, the integration of digital twins across various sectors will likely become a standard practice. Investing in this technology not only provides immediate benefits in terms of operation efficiency and cost reduction but also sets the stage for sustained growth and success. Digital twin technology is no longer just a futuristic concept; it's a viable investment that can yield substantial returns.

Learn more about Beamo - https://www.beamo.ai/

Read Digital twin examples - https://www.beamo.ai/case-studies