Digital twin hotspots – Key application areas where the digital twins are being adopted the most.

Mohammad Hasan, an Analyst specializing in IoT Software, Cloud, and Digital Twins at IoT Analytics in Germany. With a keen eye for market trends and developments, Mohammad has authored numerous reports and blogs on digital twins and related topics. His background in Financial Engineering, coupled with experience at Deutsche Bank and Aviva Investors, has equipped him with valuable insights. Mohammad was a featured speaker at the Oil & Gas Digital Twin Conference 2023, where he shared actionable insights. In this blog, we’ll explore his presentation on “Digital Twin Hotspots” and why understanding these market dynamics is crucial.

In the world of digital twins, knowing where the action is matters. Mohammad Hasan’s presentation at the conference highlighted the significance of understanding digital twin market hotspots. But why is this knowledge important? Well, it helps digital twin service providers focus their efforts effectively, while end-users can pinpoint initiatives that generate the most value. It’s like having a treasure map to navigate the vast landscape of digital twins. So, what are these digital twin hotspots? Mohammad’s analysis, based on 100 case studies from various sectors, identified six common applications that are red-hot in the world of digital twins. And guess what? These applications are not exclusive to any one industry; they apply across the board, including the Oil & Gas sector. In the grand scheme of things, understanding these hotspots is like having a compass that guides you to where the digital twin action is happening, ensuring that both providers and users make the most of this transformative technology.