{"id":1997,"date":"2023-06-02T08:00:25","date_gmt":"2023-06-02T12:00:25","guid":{"rendered":"https:\/\/eptura.wpengine.com\/?p=1997"},"modified":"2024-10-23T15:29:04","modified_gmt":"2024-10-23T19:29:04","slug":"digital-twins-bridge-facility-management-asset-management","status":"publish","type":"post","link":"https:\/\/eptura.com\/discover-more\/blog\/digital-twins-bridge-facility-management-asset-management\/","title":{"rendered":"How digital twins will help bridge facility management and asset management"},"content":{"rendered":"

As hybrid work has become the norm, facility and asset maintenance<\/a> leaders are turning to digital twin technology to help them become more cost effective across space planning and asset management<\/a>, move management, lease management, employee management, and construction management.<\/p>\n

But there\u2019s much more to this innovative technology. Digital twins<\/a> are having a major impact across many areas. Urban planning. Transportation. Biotechnology. Even return to office strategies.<\/p>\n

The entire metropolitan city of Shanghai, China, for example, has a digital twin which models 100,000 elements \u201cfrom refuse disposal and collection facilities to e-bike charging infrastructure, road traffic, and the size and location of apartment buildings,\u201d according to Forbes<\/a>.<\/p>\n

Here\u2019s another example: Tata Consultancy Services used<\/a> digital twins to serve as a \u201cquantitative aid to explain the current state of the environment and assist in decision-making\u201d for a safe, effective return to office.<\/p>\n

And because digital twins<\/a> are models that capture real-world conditions, they help organizations with risk management. Companies can scenario plan, preventing issues early or even before they even happen.<\/p>\n

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How does a digital twin work? It\u2019s a whole lot more than a 3D model.<\/strong><\/h2>\n

Remember that scene in \u201cIron Man\u201d where Tony Stark is designing and building his powerful, flying armored suit right in front of your eyes with incredible virtual reality 3D models? We\u2019re not there yet, but we\u2019re not far off either. \u00a0With current digital twin technology, it\u2019s more about what\u2019s underneath the 3D surface that matters.<\/p>\n

\u201cVery often, parallels are drawn between digital twins and 3D modeling based on their user interface and visualization,\u201d writes<\/a> Pragya Sharma for Parametric Architecture.\u00a0 \u201cHowever, what distinguishes them is the factor of data. While 3D modeling is limited to providing a view of an object, digital twinning provides a view and real-time data of the object. Digital twins go a step further in exploring how various environmental conditions<\/a> will impact the object over a period of time.\u201d<\/p>\n

It\u2019s all about data sources. As smart buildings become more linked together \u2013 from passive and active IoT sensors and IoT connected systems, digital twin technology is expected to revolutionize facility management and asset management by merging what is today too often \u00a0trapped in separate siloes.<\/p>\n

It\u2019s the next generation of business intelligence because of the ability to layer in data and interact with visual representations. \u00a0To put it in more of a workplace context, let\u2019s look at an example from Space IQ by Eptura<\/a> in a series about digital twins<\/a>:<\/p>\n

\u201cWhat if you could document that the coffee maker is located in your main kitchen, it was last serviced two months ago, brews an average of four gallons a day, and is one of three other machines at this office? The data contained in this digital snapshot radically alters how you can maintain this single asset.\u201d<\/p>\n

It\u2019s what you can do from there that matters. Imagine taking these kinds of insights and applying them to an entire building or portfolio to inform all<\/em> workplace expenses to more clearly plan the service and life of assets. It makes maintenance a whole lot easier.<\/p>\n

Find and eliminate building operations blind spots with digital twins <\/strong><\/h2>\n

The true value of a digital twin is seeing and mapping asset use patterns with employee behavior in context. Companies can now find a whole range of blind spots \u2014 allowing managers to explore, locate, interact with, and report on it all.<\/p>\n

Fully integrated digital twins allow companies to:<\/p>\n