Benefits of digital twins
TECH & AI strategies and ensuring compliance with their ESG goals .
“ Given the increased availability and democratisation of technologies required for building digital twins , it ’ s a valuable tool for improving business infrastructure , products , and processes – both existing and new – to meet ESG mandates ,” explains Dr Phani Bhushan Sistu , IoT Solutions Lead at Hitachi Vantara .
Sustainability has been on the public agenda for years with comparatively little progress being made given the risks . The introduction of ambitious sustainability goals by governments around the world have , however , pushed the topic to the top of the corporate and government agenda , adds Dr Kevin Macnish , Head of Ethics and Sustainability Consulting at Sopra Steria .
Benefits of digital twins
Not only driving sustainability and the circular economy at speed and scale , digital twins help companies reduce their costs , resource use and carbon footprint , according to a report by Accenture . The report , written by Simon Bentley and Tony Murdzhev , also states that virtual twins can unlock combined additional benefits of US $ 1.3tn in economic value and 7.5 Gt CO 2 e emissions reductions by 2030 .
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