Why has digital twin software become an essential tool for businesses and the energy market as a whole?
To understand this, we first need to understand what a digital twin is. Wikipedia describes it as a digital model of an intended or actual real-world physical product, system, or process that serves as a digital counterpart of it for purposes such as simulation, integration, testing, monitoring, and maintenance.
IBM has a more detailed history of digital twin technology, but here are the highlights. The concept of a digital twin stems from NASA. They pioneered the concept during space exploration missions back in the 1960s. American computer scientist David Gelernter then broadened the concept in his book ‘Mirror Worlds’, which was published in 1991.
Dr. Michael Grieves was the first to apply the concept of digital twins to manufacturing in 2002 and formally announced the digital twin software concept. Then Principal Technologist at NASA, John Vickers introduced the term digital twin in a technology roadmap report in 2010.
As the decades passed, digital twins gained traction as a concept, and when Gartner featured digital twins among the top 10 strategic technology trends in 2017, more industries began to take notice. Gartner predicted that within the next three to five years, billions of things will be represented by digital twins and they were not wrong.
The catalyst for digital twin software
COVID-19 slowed everything to a holt as businesses turned from innovation to survival mode. Just when things started to feel relatively normal in 2021, we were hit with the largest energy crisis in recent memory.
Everyone struggled in one way or another when gas and electric prices reached record highs in 2022. No organisation was immune from the effects of the biggest energy crisis in modern times, and while many endured its harsh winds, no organisation emerged unscathed.
Fast-forward to 2025, energy cost efficiency continues to be a pressing concern, and organisations struggle to focus on their long-term decarbonisation goals as they are forced to put out fires related to the current cost-of-living and energy crisis.
So, how can businesses invest in green technology without risk, forecast with confidence, save on energy costs and reduce carbon in the long term? The answer is digital twin software.
COVID-19 slowed everything to a holt as businesses turned from innovation to survival mode. Just when things started to feel relatively normal in 2021, we were hit with the largest energy crisis in recent memory.
Everyone struggled in one way or another when gas and electric prices reached record highs in 2022. No organisation was immune from the effects of the biggest energy crisis in modern times, and while many endured its harsh winds, no organisation emerged unscathed.
Fast-forward to 2025, energy cost efficiency continues to be a pressing concern, and organisations struggle to focus on their long-term decarbonisation goals as they are forced to put out fires related to the current cost-of-living and energy crisis.
So, how can businesses invest in green technology without risk, forecast with confidence, save on energy costs and reduce carbon in the long term? The answer is digital twin software.
Digital twin software essential for businesses
Digital twins are used to enhance operations across industries such as manufacturing, healthcare, transportation, and energy. They enable simulation by allowing ideas to be tested virtually before making physical changes.
They assist in monitoring by tracking asset performance and identifying potential issues. They contribute to optimisation by improving efficiency and driving value. Additionally, they facilitate predictive analysis, reducing operational risks and ensuring optimal performance.
The ongoing energy crisis has led to a sharp rise in energy prices, increasing the demand for digital twin software as an essential tool for businesses in the energy industry. By optimising operations, enhancing efficiency, and reducing costs, this technology has never been more vital than it is today.
Energy intelligence like no other
CrowdCharge have designed a platform to give you a competitive edge in the rapidly evolving energy market. With state-of-the-art AI, our platform delivers advanced optimisation, simulation, and forecasting, saving you and your customers time and energy.
We help you tackle grid connection challenges, avoiding costly delays and delivering more intelligent energy compression beyond traditional load balancing. Whether you’re in EV charging, battery storage, solar, vehicle-to-grid, or heat pump technology, CrowdCharge unlocks your full potential.
Stay ahead of the curve, join our waitlist now, and be the first to receive a 30-day, risk-free trial.
