Major report supports the value creation potential of Digital Twins

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Digital twins

Ernst & Young has significantly increased the value of Digital Twin technology in building maintenance and operation, sustainability and environmental impact reduction, health and wellness, and the real estate interface.

This comes from a white paper called “Digital Twin: The Age of Aquarius in construction and real estate, in which the financial giant draws on a multitude of sources and examples, and concludes that the adoption of Digital Twins can reduce real estate operating costs by up to 35%, reduce carbon emissions, provide a healthier workplace and improve user experience.

The Ernst & Young (E&Y) article focuses on four key areas:

Maintenance and operation of buildings

Incredibly, operations can cost up to five times the capital investment of a building. A recent joint study by Harvard Business School and Microsoft found that two-thirds of global organizations are adopting new technologies to control the energy consumption of their real estate.

Digital Twins can reduce the significant maintenance costs of any asset by collecting, monitoring and analyzing data in real time while using machine learning models to mitigate future risks.

Digital Twin Cityzenith’s pioneer SmartWorldOS â„¢ platform features an intuitive 3D viewer with an easy-to-use dashboard providing insight into a range of information and analysis throughout the lifecycle: selection site, design and planning, construction, operations, maintenance and sales. SmartWorldOS â„¢ has the ability to reduce operating costs by 35%, as well as increase productivity by 20%.

Environmental impact and sustainability

Using Digital Twins, facility owners and managers can reduce a building’s environmental footprint by reducing the energy consumption of various components and systems.

The white paper singles out Singapore’s Nanyang Technological University, which used digital twins and real-time data analysis to examine and reduce energy and water use, carbon emissions and waste on its campus of more than 200 buildings.

During the five years of operation of the facilities, the Phase 1 analysis resulted in a 21% reduction in campus energy consumption, reducing carbon emissions by 7.4 kilotonnes and 3.9 million Singaporean dollars (US $ 2.94 million) of the operating costs of the university.

In the final step, virtual models of digital twins using data from phases 1 and 2 (10 years) modeled the impact of installing a range of potential technologies. Adopting these then resulted in a 31% energy reduction and S $ 4.7 million (US $ 3.5 million) cost savings over the decade, while placing NTU on the right path to carbon neutrality.

Cityzenith’s SmartWorldOS â„¢ software can reduce carbon emissions in urban areas by 50-100%, making a difference in the global effort to protect the built environment as part of the UN race to zero.

People improvements and real estate interface

Global real estate expert JLL recently estimated that 30-40% of office space is underutilized and E&Y believes digital twins are a viable solution for tracking occupancy patterns and identifying inefficiencies.

Travel path is a critical, often overlooked data point, but a digital twin can help design roads, entrances / exits, and parking patterns to align with peak traffic flows, while the twin digital can also optimize employee schedules to avoid high traffic periods.

Building owners can also improve the personal safety of their employees and assets by installing automated security systems in the Digital Twin. AI image recognition in the IoT network could monitor areas currently typically patrolled by security personnel. Threat detection should be significantly improved and no longer require such a large security team; the white paper estimates a reduction of at least 50% in security wages.

Cityzenith’s SmartWorldOS â„¢ analysis tools can identify the most effective plans for designing and streamlining security systems, utilizing office space and providing the most efficient local infrastructure for offices.

health and wellbeing

Digital Twins should be essential in ensuring that workplaces are healthy and safe, providing organizations with an ‘advanced toolbox’ that deploys sensors, thermal screening and digital fluid dynamics – to reduce the spread of viruses airborne. By monitoring carbon dioxide levels, homeowners also meet several requirements detailed in international WELL building standards.

Construction services giant Arup improved the health and well-being of occupants in its Tokyo office by analyzing employee concentration, stress and heart rate fluctuations via 16 occupancy sensors in meeting rooms , private offices and open spaces. The building also had 12 environmental sensors to measure temperature, humidity and CO2 concentration, and used AI to categorize human emotions based on voice data.

This follows a report from ABI Research which found that the cost-benefits of using Digital Twins for urban planning could rise to $ 280 billion for cities by 2030. Platforms such as SmartWorldOS â„¢ are at the forefront of this global push to make cities more efficient and save city planners billions of dollars.

Cityzenith Founder and CEO Michael Jansen said: “This white paper is yet another brick in a wall of evidence that digital twins can make huge savings for the built environment, and Cityzenith is leading the way. of this advance towards the future.

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