Leveraging Digital Twin Technology in Natural Resources

Presented by

Pieter van Schalkwyk, CEO, XMPRO and co-chair of Natural Resources Working Group

About this talk

Digital twins are gaining acceptance in Natural Resources sectors such as oil and gas, mining and metals, energy, and utilities, with aggressive adoption plans. There are differing perspectives and confusion about applications, definitions, value and approach. The Digital Twin Consortium Natural Resources Working Group is focusing on the value and application of digital twins across the overall lifecycle of Natural Resources assets, processes and operations. The group is also focusied on delivering standardized definitions, protocols and methodologies to enable the creation and application of precise, knowledge-rich digital twins that drive value by improving the application of capital to projects and operational excellence during operations and maintenance. With limited interoperability throughout the asset lifecycle, and confusion in the market created by a lack of standardization, the Digital Twin Consortium is building the ecosystem to solve these challenges. Learn more about how the industry is coalescing to define the semantics required to describe a digital twin used for Natural Resources development, identifying standards gaps and requirements and building a use case library. Members of the consortium, which is open to all businesses, universities and government agencies, drive deeper understanding of how the Natural Resources sector can utilize digital twins to improve across the lifecycle. Join the webinar to learn more about the Digital Twin Consortium Natural Resources Working Group goals, roadmap, and current work in progress.

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Digital Twin Consortium is a global ecosystem of users driving best practices for digital twin usage and defining requirements for new digital twin standards