This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Digital Twins, virtual models of a process, product or service that allow for data analysis and system monitoring via simulations, are playing an increasing role in IoT and digital transformation in buildings. Projects today span multiple building sectors, including commercial real estate, retail, infrastructure, smart cities, smart campuses and healthcare facilities. Deloitte predicted in 2019 that the digital twin is the next industry-wide disruption in real estate. The nascent market for digital twin platforms in smart commercial buildings has attracted early innovators offering a diverse range of use cases, who are challenging the established vendors of IT and building management systems with disruptive solutions. Incumbent BIoT players with digital twin solutions include Siemens, Johnson Controls, Schneider Electric, Honeywell, IBM and Microsoft. Some of the smaller firms with a single focus on digital twinning, many of them startup companies, are profiled below. Cityzenith, has […]