TROY, MI – Two in three respondents (67%) expect digital twin solutions to make the need for physical prototypes obsolete within the next six years. That's according to a new survey released by Altair this week.

The independent, international survey of more than 2,000 professionals gauged digital twin technology adoption and assessed how organizations – across all industries – are utilizing it, its business benefits, and environmental impact.

Respondents also reported an overwhelmingly strong connection between digital twins and the drive for sustainability: 85% of respondents’ organizations are currently using or plan to use digital twin technology to reach their overall sustainability goals.

“There’s little doubt data gleaned from using digital twins gives organizations a world of new insight, helping teams work faster, create better products, generate less waste, and find their next big breakthrough,” said James R. Scapa, founder and chief executive, Altair. “But as this study confirms, we are just seeing the tip of the iceberg. The evolution toward a smart, connected everything is changing the world, and as businesses realize the untapped benefits of taking digital twins to the next level, including the convergence of simulation technology, high-performance computing, and AI, the possibilities for revolutionizing industries, business processes, and scientific research are endless.”

More key findings from the survey include:

1. Breakneck adoption rates: According to the survey, businesses are adopting digital twin technology at unprecedented speeds.

• Nearly three in four (69%) organizations are already leveraging digital twins.
• 71% of those businesses began investing in the technology in just the past year.
• Of those organizations not using digital twins, nearly half expect their company to adopt the technology within three years.

    2. A need for deeper digital twin understanding is widespread: More than half of respondents stated they have limited knowledge about the technology or find it confusing. Many users (more       than one-third) signaled they’d like to learn more about use cases, data optimization, convergence, and other aspects of digital twin technology.

    3. Sustainability breakthroughs: The survey found digital twins are simulating the way to a net zero future, as 92% of respondents indicated the technology has improved sustainability within their      organization. Organizations use digital twin technology for a wide range of functions and reasons, with top use cases including:

• 95% to better inform new product development
• 51% to create smart objects
• 50% to monitor real-world objects in real-time

Click here to learn more about the survey and view infographics that contain standout insights: https://altair.com/one-total-twin.

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