Leveraging virtual models presents significant opportunities for businesses to simulate real life scenarios that can provide essential, actionable insights. Business leaders recognise this; despite digital twins only being put to limited use at the moment, leaders in several sectors identify the technology as a key focus for future investment.
Currently, almost a quarter of those in the energy sector (23%), 21% in manufacturing, and 20% in life sciences are using digital twins. At the same time, 46% in manufacturing are looking to invest in digital twin technology to meet their ESG goals in the future, alongside 48% of leaders in tech and telecoms.
The least likely users of digital twins are in the transport sector, with only 12% saying that they use digital twins to help meet their ESG goals. And the data highlight that it’s unlikely that these organisations will be adopting the technology any time soon too, with only 27% expecting to focus on using the technology more in the future.