Why is the digital twin so crucial for energy operations? And which digital twin should you rely on? Learn how to take advantage of gigabytes of data to enhance operational efficiency in the energy sector. Rely on the predictive digital twin to make the right data-driven decisions.
The digital twin: industry buzzword or valuable technological advance? While many industries acknowledge the value of the technology and gradually adopt it, the energy and utility industry has yet to reach its digital maturity. Digital technologies permeate the sector more slowly than they do other industries. The digital twin is no exception: in 2020, less than 40% of oil and gas companies had implemented or planned to implement the technology.
On the other hand, the energy sector is under tremendous pressure to achieve superior efficiency across all its operations. Therefore, operational efficiency is a key driver for the adoption of digital technologies.
So, what roles can the digital twin play for the industry and what benefits does it bring?
This article has been previously published in the Simcenter Engineer Innovation magazine. Read it in its online interactive version here.