Gartner Research

Market Trends: Software Providers Ramp Up to Serve the Emerging Digital Twin Market

Published: 06 September 2019

ID: G00450606

Analyst(s): Alfonso Velosa , Peter Havart-Simkin , Benoit Lheureux

Summary

Digital twins are a rapidly emerging and evolving part of enterprise digital business projects. Technology and service providers need to build their digital-twin-enabling technology capabilities and portfolios, plus bolster their go-to-market strategies, to establish a differentiated value position.

Table Of Contents

Introduction

Market Trend

  • The Market for Digital Twins Is Nascent and Led by Customized Solutions
  • Technology Trend
    • Most Vendors Have an Enabling Technology Strategy for Building Custom Digital Twins
  • Market Structure Trend
    • Vendors Must Target OEMs Building Asset Digital Twins, but Align to Their Timeline and Technical Challenges
    • Vendors Are Using a Default “Gated” or “Proprietary” Community Strategy Due to the Lack of Digital Twin Standards and Portability
    • No Vendor Has a Comprehensive Multivendor Integration Strategy for Digital Twins

Vendors to Watch

  • Alleantia
  • ANSYS
  • Avent
  • GE Digital
  • Hitachi Vantara
  • Pepper
  • ThoughtWire
  • Uptake
  • XMPro

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