Question:  What Problem Does Digital Twin Tech Solve?

Answer:  Infrastructure and Environmental Asset management across such assets lifecycle, in present day, is a process that is extremely expensive, also representing substantial safety issues to public and owner staff, and contractors.  There is either limited or non-existent information from which manage what represents hundreds of trillions of infrastructure assets, on a global basis, just since world war II. Therefore, infrastructure and environmental represent the largest area of all global economies that have not experience the digital revolution.  The cost of this lack of use of digitization is conservatively estimated at $1.5 Trillion per year just for infrastructure, plus costs to environmental assets.

Question:  What is Digital Twin Tech’s Solution To Solve Such Problems

Answer:  Periodically scanning and creating 3D digital twin models of each customer/asset owner’s assets, and analyzing such large digital twin models with 3D artificial intelligence to cater to the specific information needs across what can be tens of departments and tens of thousands of employees, to make better decisions and to monitor that better cost and safety decisions are made across the enterprise.  In addition, to support immersive understanding of such  provide the ability to interact with such 3D data anywhere globally, via high quality holograms for immersive tactical and strategic interaction with this digital twin data.

Question:  What Are The Values To The Customer For Such A Solution?

Answer:  Digital Twin Tech’s solution quantifies and supports the asset owner to quantify and monitor cost savings, revenue improvement, safety improvement, and compressing time across thousands of tasks, both within the Digital Twin Tech system and in quarterly reviews to support a continual improvement across the clients enterprise.  Digital Twin Tech services typically provide a 4-6 times Return On Investment(ROI), to the customer.

Question:  What Is The Size of this Market & Who Is Responsible For It?

Answer:  It is estimated that there is more than $8 Trillion spent each year(hundreds of trillion over the last many decades, inflation adjusted) on infrastructure alone(plus environmental), experiencing waste estimated at greater than $1.5 Trillion(plus environmental), due to lack of digitization.  The global responsible parties and Digital Twin Tech target decision makers are strategic leaders at the highest level of government (ministers, royal families, federal agency administrators, state to local governmental leaders(mayors, city managers, CEO’s and VP’s), and private entity CEO’s of real estate and infrastructure ownership.  This supports a future mature market potential of $.5 to $1 trillion dollars per year for Big Data SaaS technology, valued today at 7X revenue multiple, or market cap estimated at $3.5 Trillion to $7 Trillion dollars.

Question:  In Layman Terms, How Big Is This Market, Just For Data Storage And Processing?

Answer: Google, a $1.6 Trillion market cap company, that also provides cloud data storage, has taken 20 years built cloud storage of 10-15 Exabytes through till 2023.  Digital Twin Tech estimates, once this market matures, to generate 50 exabytes of data, every year.  Digital Twin Tech is the first mover of this market.

Question:  What is the Size of this Market & Who Is Responsible For It?

Answer:  It is estimated that there is more than $8 Trillion spent each year(hundreds of trillion over the last many decades, inflation adjusted) on infrastructure alone(plus environmental), experiencing waste estimated at greater than $1.5 Trillion(plus environmental), due to lack of digitization.  The global responsible parties and Digital Twin Tech target decision makers are strategic leaders at the highest level of government (ministers, royal families, federal agency administrators, state to local governmental leaders(mayors, city managers, CEO’s and VP’s), and private entity CEO’s of real estate and infrastructure ownership.  This supports a future mature market potential of $.5 to $1 trillion dollars per year for Big Data SaaS technology, valued today at 7X revenue multiple, or market cap estimated at $3.5 Trillion to $7 Trillion dollars.

Question:  Should This Be Considered A Whole New Disruptive Technology To Global Societies?

Answer:  Yes, Digital Twin Tech believes this is a whole new disruptive technology that will have substantial positive ripple effects both within and outside of infrastructure and environmental to Business to Business(B2B) and Business to Consumer(B2C) aspects of our world.  The internet today is a 2D internet(version 1.0 of the internet).  AI Powered Digital Twin services to Infrastructure and Environmental segments will be a cornerstone to the new 3D Internet(version 2.0 of the internet).

Question:  Are There Examples Of This Technology In A Different Industry Of This Technology, So I Can Understand?

Answer:

Medical – Within the next decade or less, any person on the planet, will go to a doctor’s office.  They will step into a booth, and be scanned down to their atomic and DNA level, at that moment, and within a minute or two, creating a Digital Twin of that person.  Then hundreds of AI’s will assess that Digital Twin, where numerous AI’s will represent the finest brain, heart, skin, bone, organs, hair, DNA physicians and specialist plus hundreds more, that will analyze the patients Digital Twin, and determine condition, location of exception to prevent all types of medical issues unique to that individual.  With repeated scans, to then determine degradation, remediation of any medical issues over time.  This represents the another large Big Data SaaS solution, providing a similar capability to the medical industry as Digital Twin Tech provides to Infrastructure and Environmental.

Science Fiction – Star Wars and Avengers/Tony Stark – Even though this is a science fiction example, sometimes science fiction becomes reality, in some distant future.  Digital Twin, artificial intelligence and immersive hologram technology are represented extensively within these science fiction movies.  Holograms and AI in Star Wars.  Tony Stark AI and hologram tables/rooms.

This technology is here, today, via AI powered Digital Twin to Infrastructure and Environmental market segments.

Question:  What Competitive Advantages Does Digital Twin Tech Have?

Answer: 

1. A frequent response from any private or governmental client, will state that there will be only ONE Digital Twin provider for their entire organization. They may have many many prime and sub-contractors, but only one Digital Twin provider.  This means that Digital Twin Tech become very embedded into each client it engages with, for a very long term relationship.

2. The data is so massive(so large and unique, requiring Digital Twin Tech as a SaaS Provider) and that Digital Twin Tech technology monitors degradation, remediation and audit of work over time, requiring constant data scans/updates, means that a client will have large challenge to every move off of Digital Twin Tech solution

3. Digital Twin Tech has been classified “sole supplier” where governmental entities have determined via both legal and purchasing departments, that there is no competition for Digital Twin Tech services and can choose not to do a competitive bid.  Other governmental entities will accept this documentation, as their own.

4. Patent Pending and Copyrights on Digital Twin Tech Intellectual Property.  Digital Twin Tech expects to secure between 10-100 more patents in the future.

5. Neutrality – Asset Owners(government and private) of infrastructure and environmental assets, cannot realize the benefits of Digital Twin Tech, if they are provided by any prime or sub-contractor. Typical infrastructure and environmental contracts, represent entail substantial risk and cost of hundreds of millions and billions of dollars. Digital Twin Tech solution provides a comprehensive audit function to any work performed.  Any Asset Owner, wants to avoid the natural conflict of interest of a Prime or Sub Contractor providing such services, that inherently is auditing the contractor’s own work.

Question:  Who Has Validated And Endorsed This Technology & How Long Did It Take?

Answer:  Digital Twin Tech has engaged with prominent organizations to validate this capability.  US Department of Transportation(US DOT)/Federal Transit Administration(FTA), and Top Ten Largest City in the USA.  Each of these entities took years to be reviewed by the tactical engineering groups and strategic leaders of these entities.

Click here for interactive videos of endorsement by billion and hundreds of billion dollar global entities:  https://digitaltwintech.com/industry-solutions/blog_home/

This solution began in 2016, with initial client engagements in 2018.