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/.)
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.
ClimaTwin® is a leading climate risk intelligence solution for infrastructure assets and the built environment.
We empower infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle. By connecting complex climate models and infrastructure digital twins, our solution enables engineers, owner-operators, and governments to aggregate, visualize, and analyze disparate datasets, revealing site-specific insights at a hyper-local scale. Benefits include 5-10x near-term returns and lifetime cost-avoidance by mitigating risks to systems, services, and societies.
To learn more about climate risk intelligence for your infrastructure assets, please visit www.climatwin.com today.
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/.)
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.
ClimaTwin® is a leading climate risk intelligence solution for infrastructure assets and the built environment.
We empower infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle. By connecting complex climate models and infrastructure digital twins, our solution enables engineers, owner-operators, and governments to aggregate, visualize, and analyze disparate datasets, revealing site-specific insights at a hyper-local scale. Benefits include 5-10x near-term returns and lifetime cost-avoidance by mitigating risks to systems, services, and societies.
To learn more about climate risk intelligence for your infrastructure assets, please visit www.climatwin.com today.
Part 4 in a Series: Can Engineers Save the Planet from Climate Change and Its Effects?
By Rodrigo Fernandes, Ph.D, Director, ES(D)G – Empowering Sustainable Development Goals
Engaging innovation ecosystems
The iTwin platform is Bentley’s open, scalable, purpose-built cloud platform for developing infrastructure digital twin (iTwin) solutions. The iTwin platform allows developers to build applications that solve data integration challenges, visualize, track changes, and create insights and reports on complex infrastructure assets, using at their core vendor-agnostic digital twins that bring together infrastructure data where it is and in the format in which it was created.
iTwins are continuously updated with data from the physical asset or natural environment, which are critical to understand and model the asset and its environmental performance. iTwins allow federating, aligning, and synchronizing multi-discipline data in a connected environment so that users can visualize, track change, perform scenario-based and predictive analysis, and create reports to better understand and optimize performance across all infrastructure lifecycle stages. We became certain that, thanks to these capabilities, the iTwin platform would be an essential enabler and accelerator in transforming infrastructure ESG performance, for example promoting carbon transparency, and disclosure use cases.
We use the iTwin platform at Bentley to develop our own solutions. However, we also make it available for developers at engineering firms, independent software vendors, and integrators, who in turn can create and bring to market solutions that solve real-world problems leveraging infrastructure digital twins.
We do this because we believe that no single entity can tackle the multitude of potential applications and use cases needed to fully empower users around the world to build and operate better infrastructure. That’s why we are actively seeding collective action and collaboration with strategic partners, organizations, and communities with carefully selected programmatic initiatives to create an innovation ecosystem fueled by our iTwin platform.
(Source: Fernandes, Rodrigo. “Can Engineers Save the Planet from Climate Change and Its Effects?” Bentley Blog, Bentley Systems, 9 Mar. 2022, https://blog.bentley.com/can-engineers-save-the-planet-from-climate-change-and-its-effects/.)
About Bentley
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.
ClimaTwin™ empowers infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle.
BOSTON, MA, July 25, 2022 — ClimaTwin™, Climate Risk Analysis for Infrastructure Digital Twins™, is proud to participate in the virtual event MOMENTUM, iTwin Platform Developer Showcase — Innovating with iTwin. Hosted by Bentley Systems, MOMENTUM events showcase presentations from iTwin platform developers. The iTwin platform is an open software development solution for digital twin applications. Bentley’s iTwin Platform Developer Showcase features the community of developers creating digital twin solutions and solving important infrastructure problems. ClimaTwin empowers infrastructure stakeholders to mitigate climate risks and assess adaptation actions across the total asset lifecycle. For more information about climate risk analysis for your infrastructure assets, please email info(at)climatwin.com today.
