A digital twin is a virtual replica of a physical asset, powered by real-time data from IoT sensors. In property management, digital twins create a live model of your building, allowing for remote monitoring, management, and optimisation.
According to Gartner, by 2027, over 75% of large industrial companies will use digital twins to cut operational costs by up to 10%.
Component twins are the smallest building blocks of a digital twin, focusing on a single part. Parts twins are similar but refer to slightly less critical components.
When multiple components work together, they form an asset. Asset twins let you study how these parts interact, providing performance data that can be used to improve operations.
System twins show how different assets combine to create a complete system. They help you understand asset interactions and identify ways to boost system performance.
Process twins look at the big picture, showing how systems work together across a facility. They help ensure all systems are in sync and running efficiently, reducing delays and improving overall performance.
Real-time Monitoring
Digital twins offer a live view of your building, tracking everything from occupancy to air quality, allowing for proactive responses to any issues.
Predictive Maintenance
By analysing data trends, digital twins can predict equipment failures before they happen, reducing unplanned downtime by up to 50%.
Energy Efficiency
Optimise energy usage and reduce waste. Studies show digital twins can reduce energy consumption by 20%, significantly lowering operational costs.
Cost Reduction
Cut costs through precise decision-making and improved resource allocation, lowering overall maintenance expenses by up to 30%.
Improved Occupant Experience
Enhance comfort, safety, and the overall tenant experience through better environmental controls and space management.
Achieve greater sustainability.
Digital twins reduce carbon emissions with remote site access, saving time, money, and risk with a direct and measurable impact on ESG (environmental, social, and governance) efforts.
As an example, for an office building:
Take an office building that is equipped with sensors that monitor key operational areas, such as energy consumption, indoor temperature, air quality, and occupancy levels. These sensors gather real-time data on the building’s performance, which is then fed into a digital twin system.
With this data, the digital twin can run simulations, identify performance issues, and suggest potential improvements. The goal is to gain valuable insights that help optimise the building's efficiency, enhance occupant comfort, and reduce operational costs.
Optimising Real Estate with Digital Twins
Better Planning and Design
Digital twins simulate building performance, allowing developers to refine designs before construction, ensuring efficiency and sustainability.Enhanced Operational
Efficiency
Post-construction, digital twins monitor real-time systems to maintain peak efficiency, reduce costs, and enhance tenant satisfaction.
End-of-Life Decisions
Digital twins help assess aging properties for renovation, repurposing, or demolition, promoting sustainable use of materials and resources.
Matterport is a leading platform for creating immersive 3D digital twins of physical spaces. It enables property owners, managers, and developers to capture every detail of their building, from layout to fixtures, with stunning accuracy.
By integrating Matterport’s 3D models with ddx's digital twin solutions, you can:
Matterport’s digital twins are a powerful tool for real estate, providing clear, data-driven insights that help optimise operational efficiency and enhance the tenant experience.
Whether you’re managing a single building or a portfolio, Matterport makes property management smarter and more efficient.
Power Generation
Digital twins help maintain large engines (e.g., jet and turbine engines) by predicting maintenance needs.
Building & Systems
Digital twins improve the design of large structures and their systems (e.g., HVAC) by simulating performance.
Manufacturing
Digital twins track the entire lifecycle of products, from design to production, ensuring efficiency at every stage.
Healthcare
Digital twins are used to monitor patients by tracking health data through sensors, providing valuable insights for care.
Automotive
Digital twins enhance vehicle design and production, optimising performance and improving manufacturing efficiency.
Urban Planning
Digital twins assist civil engineers by visualising 3D and 4D data in real time, helping to design smart cities and infrastructure.
With experience in one of the world's largest real estate projects, ddx offers end-to-end digital twin solutions. From initial setup to ongoing management, we ensure your property operates at peak efficiency, reducing costs and enhancing tenant satisfaction.
Contact us today to discuss how we can tailor our services to your needs.
