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this is all done on a common platform, and evolved to incorporate operational
ideally on the cloud, organizations efficiency programs that incorporate According to McKinsey,
realize seamless and secure data- Artificial Intelligence (AI) and Machine digital adoption in the industrial
sharing in real time and the ability to Learning (ML) to extend the benefits
extract insights that can save time throughout the entire life of the sector grew six to tenfold in
and money, improve safety, reduce operational plant. 2020. It cannot be denied that
emissions, and enhance productivity for When transforming brownfield this was in part due to the
many years to come. projects and existing plants into pandemic, which pushed many
Valued at US$5.04bn in 2020, the connected, digital facilities, a organizations to speed up their
global digital twin market is expected to digital representation of the as-is digitalization efforts to support
expand at a compound annual growth facility is needed. Through laser
rate of 42.7percent from 2021 to 2028 scanning and intelligent information project stops and starts, remote
as a growing number of businesses management, even the oldest plants work, and more agile plant
implement them to provide actionable can be futureproofed and optimized operations. This acceleration also
insights. In fact, one global energy to run safely and efficiency for many enabled them to see the many
customer of AVEVA’s estimates there to years to come. The resulting Digital benefits digital transformation
be over 150 use cases for their digital Twin provides the same valuable could offer in today’s rapidly
twin strategy today, and they’re just performance insights and decision shifting business landscape, and
getting started. support as on net-new plants, can be
While each plant and project is used to train workers remotely, simulate the opportunities to improve in
different, the journey to the plant of the design scenarios before they’re the future.
future will be underpinned by data- implemented,and enables agile plant
driven insights enabled by the digital re-modernization to keep up with future deliver contextual information from
twin. requirements. a single source to decision makers
Greenfield projects, primarily driven across its engineering and operations
by the United Nation’s push towards The tangible benefits of digital functions. This has helped the
Net Zero 2050, will be engineered and transformation organization drive asset reliability,
executed using digital workflows from By creating a data-driven culture that enhance efficiency and reduce
the start, compiling trusted engineering connects workers and information in unplanned downtime.
and asset data as the project the cloud, EPCs and owner operators
progresses, ultimately creating the core gain the detailed, end-to-end Empowering businesses in new,
of the Digital Twin. When developed insights required to quickly identify exciting ways
early, Digital Twins have many uses opportunities to gain efficiencies and Ultimately, whether built new or
across both the project and plant improve sustainability. being given an upgrade, the industrial
lifecycles from providing performance Deloitte reports that digital plants of the future need to be smart,
insights that can only be achieved with transformation can lead to a five to automated, efficient and connected.
verified, data-centric engineering data, ten percent reduction in plant build Operations, maintenance, engineering
to enhancing efficiency and project costs and a 10-20 percent reduction and capital project stakeholders will
transparency across all stakeholders on in operational costs, something that’s be connected to a single, trusted hub
the cloud. backed-up by Promon Engenharia, of data – the digital twin – which will
Meanwhile, the same data can be an energy plant solutions provider break down silos, enable collaboration
utilized for tracking sustainability in Brazil. This company was able to and facilitate smarter, faster decisions.
progress with a focus on lowering reduce engineering hours by 15% and In the end, all this information will
carbon impact and reducing wasted implement projects 60% faster by using become the digital thread businesses
time, costs, and materials on both digital twin and simulation tools. use to empower operations and
capital projects and operational plants. Shell aggregated their engineering maintenance for many years to come –
At the end of the project, the Digital data on six plants, thus far, to create in ways we’ve highlighted here today
Twin can be seamlessly handed over a common digital thread and securely and in those not yet imagined.
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