Assessing the Benefits of Digital Twins Towards the Formulation of Whole Life Cycle Value Propositions: A Systematic Review
DOI: 10.35490/EC3.2024.304
Abstract: Digital twins have been advocated for adoption in the construction industry to tackle many of its inherent challenges. There has been a lack of clarity, however, in demonstrating their realized value with some enterprises facing difficulties to justify their investment. This study used a systematic review method to extract empirical evidence demonstrating the value of digital twins. Some realized Digital Twins’ benefits and costs were demonstrated in the articles, but there were no investment appraisal studies that provide a full account of value propositions. Future studies adopting case studies method are recommended to assess the value propositions of digital twins.
Keywords: Construction Industry, Digital Twin, value