Industrial IMMERSIVE Brief | December 6, 2024

Digital Twins: Double the Fun, (Almost) Double the ROI

Big news: Hexagon just dropped its Digital Twin Industry Report, packed with insights from 660 senior leaders across 11 industries. Spoiler alert: digital twins are more than living up to the hype.

Here are some of the numbers numbers — they’re as impressive as your LinkedIn humblebrags:

• 96% of leaders say digital twins improve efficiency.

• ROI? 92% see returns over 10%, with 34% hitting 21–30%.

• And oh, they’re green too—cutting carbon emissions by 15% on average.

But here’s the kicker: many companies don’t realize how game-changing digital twins are until they start using them. (Kind of like not knowing how much you needed your first smartphone.)

And what’s making digital twins even cooler? AI. Together, they’re like peanut butter and jelly, Batman and Robin, or your morning coffee and that 3 p.m. caffeine crash.

Ready to dive into the details? Check out our recent article where we cover the highlights of the Hexagon report.

AI, Digital Twins, and BIM Walk Into a Construction Site...

No, this isn’t the start of a bad joke (though we’ve got plenty of those). It’s the future of architecture, engineering, and construction (AEC). AI, digital twins, and BIM are teaming up to make construction smarter, and faster.

Imagine a world where construction layouts are done by robots, real-time data drives better decisions, and AI helps streamline complex workflows. 

Spoiler: That world is already here. AI, digital twins, and BIM are joining forces, and the results are turning heads across the industry.

Our recent article looks at this high-tech trifecta and what it means for the future of construction. You’ll learn how these tools are working together to solve age-old industry challenges—like miscommunication, inefficiency, and the dreaded rework.

Read on to see how emerging technologies are BFFs in AEC

Industrial AI Nexus: Shaping the Future at IMMERSIVE Week 2025

The theme of this all-new, unique co-located event is “Enabling Industrial AI Agents and GenAI" and features sessions like: 

• AI Agents: Industry's New Workforce

• Seeing the Unseen: AI Vision in Action

• Data Whisperer: AI Unlocks Reality Capture 

• Maintenance Magic: Predicting the Future

• AI-Powered Capture: Insights from the Data Deluge

• AI, Digital Twins and BIM Converge for Industrial Ops

Tickets for Industrial IMMERSIVE are going FAST where you can attend not only this forum, but three other co-located events as well, all under one roof! What are you waiting for? Register now and gather key intel and strategy to apply to your industrial AI programs in 2025! 

WHAT ELSE?

• While the era of widespread consumer adoption of XR into everyday life is still some way away, major businesses are already profoundly leveraging the technology. Among those key enterprise sectors is manufacturing. There are many moving parts behind a successful manufacturing firm, from the design team to frontline workers on a factory floor; in both areas, XR is becoming a strong tool. XR Today spoke with some of the participating industry experts who contributed to the VRARA whitepaper to uncover some of the key trends behind adopting XR solutions in manufacturing.

• In an exclusive interview with Fast Company, Nicholas Cumins, CEO of Bentley Systems, shared how the company is leveraging AI and digital twins to enhance infrastructure management, improve efficiency, and tackle barriers to data integration while encouraging a sustainable, data-driven approach for better decision-making in infrastructure projects.

• Innoactive announced the expansion of its XR streaming platform on Amazon EC2 G6e instances, accelerated by NVIDIA L40S GPUs—the latest and most powerful data center GPUs optimized for high-performance, enterprise XR applications. 

• Vuzix has increased its collaboration with the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), which expands the deployment reach of its M400 workplace AR smart glasses from the governmental organization.

• Sony Electronics has released the software development kit (SDK) version 2.4.0 for its Spatial Reality Displays (SRD), delivering powerful new tools and features designed to elevate the 3D-content creation and display experience. 

• C3 AI and Capgemini announced an expansion of their partnership. This partnership is designed to accelerate and enhance the delivery of Enterprise AI solutions across industries to help clients realize significant benefits including improved efficiency, productivity, and cost reduction.

• XR spatial computing platform developer DEEP FINE announced that it had won the Innovation Awards Honoree at the CES Innovation Awards for its XR spatial information construction solution DSC.

• Virtual reality is set to revolutionize Australia’s $24 billion forestry industry by training workers risk-free, remotely, and much faster.

ABOUT US

Industrial IMMERSIVE, where "Digital + Reality Connect", is transforming industrial, energy, engineering & construction enterprise and driving digital innovation with immersive spatial technology.

We also connect the global community through digital resources like news/special reports and both virtual & live events.

The Industrial IMMERSIVE community connects the most Industrial/Energy, Engineering & Construction tech professionals making investment, strategy & tactical decisions, or building, scaling and executing pioneering XR/3D/Simulations, digital twin, reality capture, spatial computing, AI & connected workforce projects within their enterprise.

Industrial IMMERSIVE is THE PLACE to learn and see the new and cutting-edge Immersive technologies that are currently serving industrial markets and will be ready for deployment in the near future!

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