The digital twin of an organization allows enterprise leaders to have a holistic view of the business processes, people, applications, and other factors on a virtual dashboard to map business plans and execute the processes efficiently and effectively. The DTO solution has been evolved from the concept of digital twin which was widely used by manufacturing and automotive industries to design a virtual representation of a component or product. Thus, DTO has enhanced the concept of the digital twin through pairing the real and virtual world and provides insights that can help prevent downtime, identify new opportunities, and help plan. It enables organizations to build, operate, analyze, and tweak the digital models by offering real-time business updates and responses to changes.
Quadrant Knowledge Solutions’ DTO solution market research includes detailed global market analysis. It mainly comprises short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate. It aims to provide strategic information for technology vendors to enhance their understanding of the market and support their growth strategies by evaluating different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of the leading digital twin of an organization (DTO) solution vendors with a global impact, including – Ardoq, Arrayworks, Bee360, BiZZdesign, BOXARR, BOC Group, BusinessOptix, CANEA, Celonis, Cosmo Tech, Holocentric, IBM, iGrafx, Interfacing Technologies, Mavim, Ortelius, QPR Software, QualiWare, Signavio, and Software AG.
According to Sofia Ali, Analyst at Quadrant Knowledge Solutions, “The DTO solution vendors continue to strengthen their capabilities and leverage their emerging technology trends by including -big data analytics, artificial intelligence, and machine learning which will fundamentally transform the way of creating and managing digital twin models. The DTO solution vendors are also making a significant investment in enhancing simulation, process mining, visualization, and integration features which will play a primary role in experimenting with the virtual representation of the organizational verticals for the validation of products, processes, systems design, and configuration and give real-time insights on the same to improve business objectives.”
2022 Digital Twin of an Organization (DTO) Solution: SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
Executive Overview
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Digital Twin of an Organization (DTO) Solution, 2022
Vendor Profiles
Research Methodologies
Custom Research Service
Our custom research service is designed to meet the client’s specific requirements by providing a customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:
- Detailed understanding of the industry structure, market participants, and value chain mapping
- Business potential and opportunities of target markets, economies, and industries
- Strategic planning and tactical opportunities
- Go to market strategies
