Accelerating innovation with Digital Twin technologies
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Accelerating innovation with Digital Twin technologies
Since 2022, the Digital Twin (DT) Hub has become the leading convenor for digital twin expertise and collaboration worldwide.
Hosted by Connected Places Catapult, we unite asset owners, government bodies, SMEs and innovators from nearly 100 countries – creating the largest and most influential digital twin community in the sector. Our growing membership of over 6,300 individuals and over 2,300 organisations benefits from our industry leadership, which includes senior voices from Accenture, Arup, National Highways, The Alan Turing Institute, and the Department for Transport. Through our convening role, we drive new opportunities for growth, learning and impact across the built environment, infrastructure, transport and beyond.
The challenge
As the global digital twin market accelerates, expected to grow by up to 45% a year to up to $195 billion by 20302, the UK stands at a pivotal moment. A recent economic analysis shows that in transport alone, integrated digital twin adoption could unlock at least £850 million over the next decade.
Yet, asset owners, government bodies and SMEs face significant barriers:
01
Commercial
High up-front investment, fragmented partnerships and complex procurement environments.
02
Technical
Legacy IT, broken data silos, low interoperability and pressing cyber-security gaps.
03
Cultural
Unclear value propositions and difficulty in achieving internal buy-in for digital transformation.
These challenges can only be overcome together by convening a trusted forum where priorities, standards and solutions can be shaped with direct industry input.
Accelerating innovation with Digital Twin technologies
File type: pdf
File size: 19.07Mb
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