Continued from the previous post Leveraging Digital Twins and the Network Effect: How Funding to Improve Technology Can Help Expand Your Ecosystem
By Cindy Ross, Product Marketing Manager, iTwin Platform
Some types of technologies benefit even more strongly from the network effect. Open-source, vendor-neutral digital twin platforms, such as Bentley’s iTwin Platform, are specifically designed to add more value as more users join, whether they use Bentley applications or not. In this environment, users can create bespoke solutions that modify or build upon existing solutions, rather than needing to create their desired digital twin from scratch. Once perfected, users can share their solutions with other users, which makes the design process easier and helps spark further innovation.
Our colleagues are working in partnership with engineering firms, governments, and owner-operators of infrastructure assets, who are on very different trajectories of their digital transformation journey. As John Sullens, Senior Technology and Innovation Consultant at Burns & McDonnell shared, “One key importance of having a digital twin is the ability to combine real-time asset/site data with physical dependency models, and intelligence from different platforms to more accurately scope future projects, reducing project risk from using erroneous records drawings.”
In short, progress begets more progress. What was once an almost intractable program management challenge will grow into an increasingly beneficial and interconnected ecosystem. NASA’s Apollo program showed that success takes a village. No single user or vendor can do it alone, but together, supported by open, vendor-neutral technology we can repair and enhance infrastructure for all.
This article was republished with prior written permission from Bentley Systems.
(Source: Ross, Cindy Ross. “Leveraging Digital Twins and the Network Effect: How Funding to Improve Technology Can Help Expand Your Ecosystem.” Bentley Blog, Bentley Systems, 16 Dec. 2022, https://blog.bentley.com/leveraging-digital-twins-and-the-network-effect/.)
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Bentley Systems (NASDAQ: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure — sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals and organizations of every size for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.
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