NEEDHAM, Mass.--(BUSINESS WIRE)--Non-profit trade association Object Management Group® (OMG®) with founders Ansys, Dell Technologies, Lendlease and Microsoft, today announced the formation of Digital Twin Consortium™. Digital twin technology enables companies to head off problems before they occur, prevent downtime, improve the customer experience, develop new opportunities, drive innovation and performance and plan for the future using simulations. Members of Digital Twin Consortium will collaborate across multiple industries to learn from each other and develop and apply best practices. This new open membership organization will drive consistency in vocabulary, architecture, security and interoperability to help advance the use of digital twin technology in many industries from aerospace to natural resources.
Digital twins, virtual models of a process, product or service that allow for data analysis and system monitoring via simulations, can be challenging to implement due to a lack of open-source software, interoperability issues, market confusion and high costs. In order to ensure the success of Digital Twin Consortium, several leading companies involved in digital twin technology have joined the consortium prior to inception. This category of early innovators, called Groundbreakers, includes: Air Force Research Lab (US), Bentley Systems, Executive Development, Gafcon, Geminus.AI, Idun Real Estate Solutions AB, imec, IOTA Foundation, IoTIFY, Luno UAB, New South Wales Government, Ricardo, Willow Technology, and WSC Technology.
Membership is open to any business, organization or entity with an interest in digital twins.
“Most definitions of digital twin are complicated, but it’s not a complicated idea. Digital twins are used for jet engines, a Mars rover, a semiconductor chip, a building and more. What makes a digital twin difficult is a lack of understanding and standardization,” said Dr. Richard Soley, Digital Twin Consortium Executive Director. “Similar to what we’ve done for digital transformation with the Industrial Internet Consortium® and for software quality with the Consortium for Information and Software Quality™, we plan to build an ecosystem of users, drive best practices for digital twin usage and define requirements for new digital twin standards.”
Digital Twin Consortium will:
- Accelerate the market for digital twin technology by setting roadmaps and industry guidelines through an ecosystem of digital twin experts.
- Improve interoperability of digital twin technologies by developing best practices for security, privacy and trustworthiness and influencing the requirements for digital twin standards.
- Reduce the risk of capital projects and demonstrate the value of digital twin technologies through peer use cases and the development of open source code.
An ecosystem of companies, including those from the property management, construction, aerospace and defense, manufacturing and natural resources sectors will share lessons learned from their various industries and will work together on solve the challenges inherent in deploying digital twins. As requirements for new standards are defined, Digital Twin Consortium will share those requirements with standards development organizations such as parent company OMG.
Founding members, Ansys, Dell Technologies, Lendlease and Microsoft will each hold permanent seats on an elected Steering Committee, providing the strategic roadmap and creating member working groups.
Sam George, Corporate Vice President, Azure IoT, Microsoft Corp. said, “Microsoft is joining forces with other industry leaders to accelerate the use of digital twins across vertical markets. We are committed to building an open community to promote best practices and interoperability, with a goal to help establish proven, ready-to-use design patterns and standard models for specific businesses and domain-spanning core concepts.”
“The application of the Digital Twin technology to Lendlease’s portfolio of work is well underway and we are already realising the benefits of this innovation to our overall business,” said Richard Ferris, CTO, Digital Twin R&D, Lendlease. “The time for disruption is now, and requires the entire ecosystem to collaborate together, move away from the legacy which has hindered innovation from this industry, and embrace Digital twin technology for the future economic and sustainable prosperity of the built world. Digital Twin Consortium is key to the global acceleration of this collaboration and the societal rewards we know to be possible with this technology and approach.”
“Dell Technologies is proud to be one of the founding members of Digital Twin Consortium. As the rate of digital transformation continues to accelerate, industry-standard methods for Digital Twins are enabling large scale, highly efficient product development and life cycle management while also unlocking opportunities for new value creation. We are delighted to be part of this initiative as we work together with our industry peers to optimize the technologies that will shape the coming data decade for our customers and the broader ecosystem,” said Vish Nandlall, Vice President, Technology Strategy and Ecosystems, Dell Technologies.
“The Consortium is cultivating a highly diverse partner ecosystem to speed implementation of digital twins, which will substantially empower companies to slash expenses, speed product development and generate dynamic new business models,” said Prith Banerjee, chief technology officer, Ansys. “Ansys is honored to join the Consortium’s esteemed steering committee and looks forward to collaborating closely with fellow members to further the Consortium’s success and help define the future of digital twins.”
Digital Twin Consortium members are committed to using digital twins throughout their operations and supply chains and capturing best practices and standards requirements for themselves and their clients. Membership fees are based on annual revenue.
Digital Twin Consortium is The Authority in Digital Twin. It coalesces industry, government and academia to drive consistency in vocabulary, architecture, security and interoperability of digital twin technology. It advances the use of digital twin technology from aerospace to natural resources. Digital Twin Consortium is a program of Object Management Group.