According to an article in Engineering & Technology, “the government of Andhra Pradesh – along with planners, architects and tech experts – has set a precedent by creating a digital twin of Amaravati, the People’s Capital of Andhra Pradesh. An upcoming green field city, Amaravati is a $6.5 billion project.

Its smart digital twin offers dynamic information about the urban infrastructure in a 3D format.”

Say what?

“Digital twin, in simple terms, is the virtual copy of the physical assets of a product. It’s fed with real-time data through sensors, which gives an insight into the functioning of a product,” said Kapil Mahajan, associate director, Cushman and Wakefield.

Corporate real estate (CRE) needs to fully explore the potential of the digital twin technology to address certain challenging areas. For instance, all stakeholders may not have access to a single source of data. Consequently, data is not uniform for tenants and owners. This is where digital twins help create a building replica with complete details that are accessible to all stakeholders, according to the article.

“Digital transformation has brought in many changes across industries and the CRE space has not been exempt from this disruption. The ability to adapt to a dynamic corporate real estate environment has led to India being considered as a potential global business and financial hub,” stated Arunabh Mukherjee, facilities head, Synopsys (India) and co-chair of the India chapter of CoreNet Global.

The speakers shared their views at the sixth annual India conference on ‘Corporate Real Estate: Strategic Planning in A Dynamic World.’