Digital twins have become increasingly popular in asset management. However, there is ambiguity in the definition of digital twin technology, and the variations can vary greatly. Do they all do the same thing? For the same industry? To produce the same result? At the same quality?

The much more complicated answer is digital twins have evolved, but our language to define them hasn’t evolved at the same pace – and what they once were has diversified into different products with huge variations in quality and detail.

As asset management becomes more ESG-focused, selecting technology platforms built-for-purpose – underpinned by safety, security and accuracy – becomes more crucial.

But, when the digital twin space now includes hundreds of distinct output types and thousands of suppliers, how can we be expected to choose the software that will drive the industry forward, rather than undermining it?

Precision Reality Twins (PRTs) are a potential solution to the ambiguity of digital twin technology. They offer benefits such as 80% more coverage, 95% time saving, 50% cost saving, and reduced safety risk compared to traditional inspection methods.