In terms of automated production and level of digitalization, the construction industry is still significantly behind other industries. Megatrends like big data or the Internet of Things (IoT) offer great opportunities for the future development of the construction sector.
A young German company with vast experience in virtual and augmented reality (VR/AR) is specialized in optimizing and planning processes in the construction industry with the support of a digital twin. A digital twin is a virtual representative of a physical object or system across its lifecycle, using real-time data to enable understanding, learning and reasoning. They are used to understand, predict, and optimize performance in order to achieve improved business outcomes. The digital twin technology consists of three components: a data model, a set of analytics or algorithms, and knowledge. The solution processes historical context and performance data to understand the past, use direct and indirect data to view present conditions, and apply machine learning and knowledge to predict the future.
The German company offers a digital twin technology that enables users to design construction sites or the entire city digitally and to simulate their characteristics virtually. Any site can be planned, simulated and engineered digitally. Furthermore the performance of real infrastructure of, e.g., buildings, bridges, tunnels etc. can be evaluated in real-time and thus be continuously optimized.
The software solution offered is specifically designed for smart cities. It lifts blueprints from 2D drawings or scans the environment to create a virtual environment that can be explored before the infrastructure is even constructed. In such an environment, one person can wear a headset to experience a particular design virtually, while colleagues in the room or in remote can watch the scenes on a big screen or witness in real-time virtually what the person is looking at.
A monitoring application can substitute live streaming, e.g. in traffic or pedestrian monitoring, where simulation as opposed to video filming does not cause issues with data protection.
The German company seeks partners for licensing and commercial agreements with technical assistance. The partner, e.g. a municipality or service provider for municipalities would implement the solution with the support and advice of the German company.
There is furthermore an interest to join consortia working on topics where the German company could contribute their respective expert know-how.