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Digital twin as enabler of business model innovation for infrastructure construction projects

  • Emerging technologies and methods are becoming an important element of the construction industry. Digital Twins are used as a base to store data in BIM models and make use out of the data respectively make the data visible. The transparency in all phases of the lifecycle of building and infrastructure assets is crucial in order to get a more efficient lifecycle of planning, construction and maintenance. Whereas other industries increased performance in these phases by making use out of the data, construction industry is stuck in traditional methods and business models. In this paper we propose a concept that focuses on the digital production twin. The comparison of planning data with As-Is production data can empower a data driven continuous improvement process and support the decision making process of future innovations and suitable business models. This paper outlines the possibility to use the data stored in a digital twin with regards to the evaluation of possible business models.

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Metadaten
Author:Sascha van der Veen, Elias Bruno Meusburger, Magdalena MeusburgerORCiD
URL:https://www.iaarc.org/publications/2023_proceedings_of_the_40th_isarc_chennai_india/digital_twin_as_enabler_of_business_model_innovation_for_infrastructure_construction_projects.html
DOI:https://doi.org/10.22260/ISARC2023/0092
ISBN:978-0-6458322-0-4
ISSN:2413-5844
Parent Title (English):Proceedings of the 40th International Symposium on Automation and Robotics in Construction (ISARC 2023). Chennai, India.July 3–9, 2023.
Publisher:IAARC Publications
Document Type:Conference Proceeding
Language:English
Year of publication:2023
Release Date:2023/09/19
Tag:Business Model Innovation; Decision-Making; Digital Twin
Number of pages:5
First Page:661
Last Page:666
Organisationseinheit:Wirtschaft
DDC classes:000 Allgemeines, Informatik, Informationswissenschaft
JEL-Classification:O Economic Development, Technological Change, and Growth
Open Access?:nein
Peer review:wiss. Beitrag, peer-reviewed
Publicationlist:Meusburger, Magdalena
Licence (German):License LogoCreative Commons - CC BY - International - Attribution- Namensnennung 4.0