Unlocking the Power of Digital Twins: How Predictive Analytics Can Revolutionize Business Strategy

One of the most complex & costly processes for businesses are shifts in vision. It can take months/years working with consultants, partners, advisors, and internal staff to build a strategy of where the business should be heading.

The weight behind these decisions can be significant sometimes leading to rejuvenation others to the end of those businesses as we know it. 

What if we could treat all of these as experiments based on the significant amount of data that is being taken in across the business?

Digital twins true potential lies in predictive analysis - imagine the business state goals to achieve net zero by 2030. We could determine points of failure, scope 3 output predictions prior to it happening. For instance, determining which vendors might need to be replaced prior to launching your vision.

I would argue the most intriguing use case might be looking at new opportunities created by the business model & predicting against customer patterns. Why not test out a few different versions of your vision prior to committing? Look at the business patterns and then determine what path would be best to take.