Smart Innovators: Digital Twins For Buildings

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Executive Summary

This report provides real estate and facilities management executives with an assessment of emerging digital twin technology for buildings and facilities. Digital twins have been deployed at industrial sites and manufacturing plants to optimize industrial facility operational excellence and product designs. Whilst digital twins are used at industrial sites, they are not commonly used for office buildings and facilities. Based on our analysis of market-leading digital twin vendors, this report reviews what defines a digital twin software platform today, core usage scenarios and the maturity of the digital twins for buildings market. Corporate workplace executives, asset managers, landlords and facilities management can use this report to better understand how digital twins have the potential to deliver value in buildings and facilities.

Table of contents

Real Estate And Facilities Executives Struggle To Manage Massive Amounts Of Data From Disparate Building Systems 
Digital Twins Solve Problem Of Siloed Digitization By Bringing A Whole Lifecycle View Of The Digital Building
Introducing Digital Twins For Buildings  
Digital Twins Connect Up To Six Different Categories Of Data
Graph Databases And Analysis Toolkits Underpin Digital Twins
There Are Many Different Types Of Building Digital Twins Depending On What Is Modelled
Digital Twins Provide Users With Tools To Optimize Building Design, Operations, And Workplace Environments 
Building Operations Can Benefit From Improved Visibility Into Building And Team Performance
Digital Twins Help Enhance Workplace Experience And Maximize Space Utilization
Digital Twins Help Property Portfolio Management By Improving The Building Sale Process
Digital Twins Unlock Building Data And Help Owner-Occupiers Understand Their Building
The Market For Building Digital Twins Is Undergoing Fast Development
Buyers Face Confusing Marketing And Lack Of Compelling Proof Points In The Digital Twin Market
Four Strategies For Buyers To Get Value From Digital Twins Now

Table of figures

Figure 1. Smart Buildings Digitization 
Figure 2. Digital Twin Components
Figure 3. Different Levels Of Powerful Analytics 
Figure 4. The Road To A Full Digital Twin 
Figure 5. Digital Twin Output 
Figure 6. Digital Twin Sources Of Value 
Figure 7. Vendor Backgrounds 

About the authors

Joy Trinquet

Analyst

Joy is an Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on hardware and software solutions for occupant wellbeing, workplace management and proptech. Joy joined Verdantix in 2019, and previously worked at BNP Paribas Asset Management. She holds a bachelor’s degree in economics with a concentration in policy as well as dual minors in computer science and business studies from New York University.

Rodolphe d’Arjuzon

Managing Director & Global Head of Research

Rodolphe co-founded Verdantix in 2008 and directs the firm’s research strategy across all practice areas. He also leads the Environment, Health & Safety practice on an interim basis. Rodolphe has over twenty years of experience in technology research and strategy consulting. He previously worked for Barclays Bank and L.E.K. Consulting. Rodolphe holds a PhD in Physics from Cambridge University.

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