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Exploring the Economic Value of Digital Twins

The Chal­lenge
We’re Tack­ling

Inter­op­er­able digital twins based on the Asset Admin­is­tra­tion Shell (AAS) are tech­no­log­i­cally well advanced, but their economic value remains diffi­cult for many compa­nies to assess. The discus­sion is still strongly tech­nology-driven, while solid busi­ness cases and stan­dard­ized eval­u­a­tion models are still lacking.

Who is
Partic­i­pating?

What we’ve
done so far

  • Built a library that brings together the economic poten­tial of the AAS and makes it easier to assess
  • Applied the approach to two concrete use cases, defining rele­vant metrics and calcu­lating their economic value

Why this project
matters and for who

This project matters because it makes the economic value of inter­op­er­able Digital Twins measur­able, giving compa­nies a solid basis for invest­ment deci­sions and AAS experts the argu­ments to drive adop­tion.

The project is of central impor­tance, as it enables trans­parent tracking of energy consump­tion per work­piece and thereby supports targeted opti­miza­tions within the produc­tion process. In light of rising energy costs and increasing sustain­ability require­ments, the project estab­lishes the foun­da­tion for calcu­lating the CO₂ foot­print and complying with future regu­la­tory demands.

It enhances compet­i­tive­ness by making sustain­able produc­tion data visible to customers and by factoring energy usage into pricing strate­gies. The project is rele­vant for manage­ment, produc­tion, IT, and sales — as well as for customers who increas­ingly value trans­parent and envi­ron­men­tally respon­sible supply chains.

project
Deliv­er­ables

Economic Poten­tial

A struc­tured list of economic poten­tials for inter­op­er­able Digital Twins.

Value Exam­ples

Concrete exam­ples showing the economic value behind each poten­tial.

Calcu­la­tion Method

A method­ology with rele­vant KPIs to calcu­late the economic value in your own company context.

Ready To
Jump in?

Have a use case and want to under­stand its economic poten­tial? Or would you like to vali­date our existing calcu­la­tions in your own company context? Bring in your prac­tical perspec­tive, chal­lenge the method­ology and help us build a solid basis for assessing the economic value of inter­op­er­able Digital Twins.