techUK launches major study on the future of Digital Twin technology
techUK, in collaboration with Fujitsu, WHP Group, and University of Salford, has embarked on an ambitious research project titled "Digital Twins of Everything and Everyone: Business Models 2030-50."
This study, delivered as part of our Digital Twin programme, aims to explore the future landscape and economic impact of widespread Connected Digital Twin technology, with findings set to be released in early 2025.
Key Highlights:
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Scope of the Study: The research will provide a comprehensive analysis of the global Digital Twin landscape (phase one), UK capability and gap assessment (phase two), an analysis of the emerging business models (phase three) and the projected economic influence (phase four) of integrating Digital Twins across various sectors, from buildings to transport infrastructure.
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Policy Recommendations: The project will deliver strategic recommendations to foster faster adoption of Digital Twin technology in the UK.
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Timeline: Preliminary findings will be shared over the coming months, with the final report expected by early 2025. This webpage will evolve in the project hub where materials related to this project will be posted regularly.
techUK’s Digital Twins Steering Board will oversee the project and seek broad input from across the wider membership base. WHP Group and Salford University have been commission to deliver on the research aspects which will include a series of semi-structured interviews with stakeholders to better understand the business models and projected impact on connecting ‘everything and everyone’ through Digital Twins.
We are thrilled to work with WHP Group, Fujitsu, and Salford University on this significant initiative. Digital Twins are a transformative technology that can help drive the UK towards its goals of growth, net zero, and digital innovation. We look forward to shaping the market with recommendations that can accelerate business models and adoption.
Our work will complement the technical focus of other groups in the UK and globally by demonstrating how the government and private sector can profitably, safely, and securely manage this exciting future. We selected WHP and Salford for their world-leading expertise and are excited to produce a report that could enable the UK to lead the world in the future we envision.
Ali Nicholl and I, along with the Steering Board, chose to focus on the future from 2030 to 2050. We believe Connected Digital Twins at scale will be as revolutionary as the introduction of the internet.
The work is intended to build on techUK’s 2021 report “Unlocking Value Across the Digital Twin Ecosystem” that set out how Digital Twins could be adopted to help the UK recover from the impact of the COVID-19 pandemic and recommendations for Government intervention. This research will take the conversation further by showcasing how Digital Twins are reshaping industries, economies, and societies worldwide. It will provide a deep analysis of the landscape, roadmap, business models, and macroeconomic implications of these technologies.
About Digital Twin Technology
A Digital Twin is a virtual representation of a physical object or system, designed to simulate and predict the real-world performance and behaviour of its counterpart. This technology is poised to revolutionise various industries by enabling real-time monitoring, predictive maintenance, and enhanced decision-making.
How techUK members can get involved?
All techUK members are invited to get involved with this exciting project. If you feel your business can make a contribution to the research, either through providing perspectives on the Digital Twin market or interesting case studies, please express your interest to Teodora Kaneva, Head of Smart Infrastructure and Systems by email (address below).
Updates on the project such as research findings and event information will be shared with members by email. You may add yourself to the Digital Twins Working Group mailing list by clicking here. If you work for a private sector business that is not a techUK member you are also welcome to contact us to explore how you can get involved.
What to expect next
We are hoping to publish the findings from phase one of the project in October 2024. This section looks to analyse the global landscape for Connected Digital Twins including the state of the art and science within the field.
This webpage will evolve in the project hub over time so keep an eye out for content and updates posted here over the coming months.
For more information please contact:
Teodora Kaneva
Teodora Kaneva
Teodora’s rich background varies from working in business development for a renewable energy lobbying association in Brussels to the fast moving technology innovation startup scene in the UK.
She has designed the market strategy for a German renewable energy engineering scale up for the UK, listed on Nasdaq private market, and now one of the fastest growing scale ups in the world. Previous experience also includes managing a renewable energy startup in London, which has built a small-scale biomass CHP power plant. Teodora is passionate about cross-industry collaboration and working together with academia to inform the design of future educational models and skill building.
Most recently Teodora has ran the commercial activities and business development at Future Cities Catapult, focusing on innovation in cities, digital health and wellbeing, mobility, and infrastructure. Teodora is a passionate STEM Ambassador and a vocal advocate for women in tech.
- Email:
- [email protected]
- Phone:
- 020 7331 2016
- Twitter:
- @Teodora_K
- Website:
- www.techuk.org
- LinkedIn:
- https://uk.linkedin.com/in/teodora-k-2969b021
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