How can you Leverage Digital Twin for Transformation?
Digital Twin in Construction & Manufacturing
One of the most useful advantages of digital twin technology is the sync with real time data, which is why this concept is quite revolutionary in the construction industry, as the as-built and as-designed progress can be easily monitored in real time through BIM Models. In other industries such as the manufacturing industry, this technology is nowadays key to be able to compete in the market, with faster production times, increased customer customization, and even predicting maintenance issues before breakdowns occur. Namely, digital twin is targets to improve a physical assets and processes, as it gives you a digitized and “hand-sized” view of everything. Taking into consideration the advantages that this technology has across different industries, what comes to mind are the benefits that a digital twin can provide to an enterprise undergoing digital transformation, and the answer is ‘the same’.
Digital Twin for Transformation
It is no secret that as we are barely scratching surface of the Digital Era, many enterprises are struggling to compete and even stay relevant in the market; Digital Transformation is not an easy job. The current market environment is very dynamic and exponentially changing, business and customer demand complexity is increasing as customization is key for survival. In addition, enterprises are struggling to adapt to this phenomenon as they are carrying overarching legacies that limit their ability to be agile, they lack fact based insights, they struggle with overly complex processes and IT landscapes, define irrationalized project portfolios, and most importantly they have a poorly defined governance.
Overcoming digital transformation challenges cannot happen overnight, but as start, enterprises need to start attempting to become agile by a dynamic software model of an organization; a Digital Twin, that consequently breaks enterprise silos and aims to show the capabilities of a company in a single version. This process requires a powerful platform behind it and a fairly high level of Enterprise Architecture (EA) maturity; Having a correct virtual representation of the organization Strategy, Business, Applications, and Infrastructure is the first pre- requisite for digital transformation, but it is not the only one.
The Arqitek version of a digital twin is called Qatalyst; the world’s first solution for automating transformation, and it is a complete agile solution with different components that complement each other and arm enterprises to undergo transformation. Qatalyst not only leverages EA as a means for transformation, but it is also powered by data and insights for Capability-based benchmarking and Capability-based planning across all enterprise domains, to deliver business value, and define and monitor efficient organization transition. We see Qatalyst as the required agile data repository needed in every organization, that captures accurate insights of the current state of an enterprise, in addition to performance analytics on meeting end-user demand, allowing for rapid, agile and real-time analysis and decision making for managing transformation as a core capability.