10 New Digital Twin Companies Improving Operational Reliability

Gain data-driven insights on digital twin, an industry-leading technology being developed by 6K+ organizations worldwide. We have selected 10 standout innovators from over 3K+ new digital twin companies, advancing the industry with virtual modeling, product visualization, IoT-enabled simulations, and more.

In the fast-changing world of technology, new digital twin companies transform many industries, such as manufacturing, oil and gas, machinery, energy, and construction. We showcase 10 new digital twin companies that enhance efficiency, predict outcomes, and optimize operations.

They create virtual replicas of physical systems and enable real-time monitoring and decision-making. Their applications range from streamlining production processes in factories to making houses more energy efficient. Each company brings a unique approach, contributing to advancements in their respective fields. This article explores how these entities leverage digital twin technology to drive progress and innovation.

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Key Takeaways

Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the digital twin industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:

  • Current Digital Twin Trends: AI, big data, IoT, simulations and modeling, and virtual reality are some of the most important digital twin trends.
  • Digital Twin Industry Statistics: The digital twin industry includes 6K organizations and has a 527.2K workforce. It is experiencing an annual growth of 7.02% and has seen the emergence of 3K new digital twin companies in the past 5 years.
  • 10 Top Digital Twin Companies to Watch:
      1. Hopara – IoT-based Digital Twin
      2. Treedis – Digital Walkthrough Software
      3. Ubiratã – Early Warning System
      4. Tryambh – Physics-based Digital Twin
      5. Urbim – Facility Management
      6. Twyn – Smart Manufacturing
      7. AIOTEL – Immersive 3D Digital Twin
      8. YouNeed3D – Asset & Infrastructure Visualization
      9. ViManPro – 3D Manufacturing Simulation
      10. Twin Robotics – Robotic Cell Simulation

Discover 10 out of 3K+ New Digital Twin Companies

This article shows 10 top digital twin companies offering innovative solutions to transform various industries. These entities leverage digital walkthrough software to enhance user interaction and spatial understanding, which marks a leap in virtual navigation. They also develop early warning systems that utilize predictive analytics to mitigate risks in real time.

Immersive 3D digital twin technology provides remarkable detail and interactivity for simulation and planning. In addition, these companies provide asset and infrastructure visualization that enables detailed monitoring and management. We last updated this report 5 days ago. Tell us if you find something’s not quite right!

Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.

1. Hopara

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Very Strong
  • What they do: Hopara develops Agile Digital Twins that integrate advanced IoT, AI, and machine learning technologies to create dynamic, virtual replicas of physical assets. This platform allows precise monitoring, predictive maintenance, and strategic planning across various industries. Real-time data analytics, scenario simulation, and speed optimization are some of its important features. Technologies such as cloud computing and edge computing enhance its efficiency and scalability. Beneficiaries include manufacturers, urban planners, and infrastructure managers. They leverage these insights for informed decision-making and operational excellence.

2. Treedis

  • Founding Year: 2020
  • Employee Range: 11-50
  • Location: Israel
  • Signal Strength: Very Strong
  • What they do: Treedis specializes in creating digital twins through its product, Digital Twin Studio. This platform empowers users to enhance digital replicas of physical spaces for immersive and hybrid experiences. Treedis offers tools like the 3D Editor for unique improvements and the Experience Creator for metaverse experiences. These tools use technologies like 3D modeling, IoT for seamless tracking, and AR for real-world overlays. Industries such as real estate, retail, and education benefit from these solutions by optimizing operations, enhancing customer engagement, and improving training methods. The company’s solutions are designed for easy use, requiring no coding skills, making it accessible for businesses aiming to integrate digital twin technology into their operations.

3. Ubiratã

  • Founding Year: 2022
  • Employee Range: 11-50
  • Location: Brazil
  • Signal Strength: Medium Strong
  • What they do: Ubiratã focuses on leveraging digital twin technologies for industry optimization, including deep decarbonization, hyper-productivity, and resilience enhancement. Its solutions employ advanced sensing, machine learning, and autonomous systems to create simulations, perform horizontal optimization, and develop early warning systems. These digital twins facilitate improvements in resource efficiency and risk management for hard-to-abate industries. Beneficiaries include sectors striving for sustainability and operational excellence, utilizing Ubiratã’s innovations to navigate complexities in resource management and weather volatility.

4. Tryambh

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: India
  • Signal Strength: Medium Strong
  • What they do: Tryambh specializes in advanced digital twin technologies and offers a suite of solutions designed to bridge the physical and digital worlds. Its physics-based digital twin leverages IoT, AI, and machine learning algorithms to create dynamic, real-time simulations of physical assets. Real-time tracking, predictive maintenance, and scenario simulation are some of the features that enable businesses to run their operations more efficiently, cut down on downtime, and make better decisions. The core technology integrates with existing infrastructure and provides a scalable and secure platform for industries such as manufacturing, healthcare, and urban planning.

5. Urbim

  • Founding Year: 2021
  • Employee Range: 11-50
  • Location: Spain
  • Signal Strength: Medium
  • What they do: Urbim’s digital twin platform combines data from different sources, such as CRMs, ERPs, BMS, GeoJSON, and GIS, into 3D models. This makes it easier for businesses to handle their assets and run their operations more efficiently. It includes modules like facility management and sensor analysis modules for real-time data analysis. These tools utilize advanced data processing and visualization technologies, offering precise insights for decision-making. The solution in this way optimizes asset utilization and improves operational workflows for facilities like data centers, sports spaces, hotels, industrial spaces, and cities.

6. Twyn

  • Founding Year: 2019
  • Employee Range: 11-50
  • Location: India
  • Signal Strength: Very Strong
  • What they do: Twyn specializes in AI-powered digital solutions for connected factories that convert them into smart factories. These technologies involve real-time monitoring and predictive maintenance systems that integrate with machine learning algorithms for predictive analysis. The platform captures and utilizes real-time data from physical assets via sensors, PLCs, SCADA systems, ERP, and MES, enhancing operational decision-making. This data-driven approach enables users to collect, analyze, diagnose, emulate, and control processes through digital twins. Thus organizations achieve improved operational efficiency and performance and move towards more advanced industrial practices. Industries that benefit from these innovations include manufacturing sectors focused on enhancing productivity and optimizing energy use.

7. AIOTEL

  • Founding Year: 2021
  • Employee Range: 11-50
  • Location: India
  • Signal Strength: Very Strong
  • What they do: AIOTEL creates a metaverse for industrial environments. The platform offers an immersive 3D digital twin platform that enables visualization of physical assets in a virtual world. The web-based visualization platform integrates 3D Geospatial, XR visualization, IoT connectivity, and AI-powered analytics. This suite includes tools for data acquisition using IoT, visualization with 3D & XR, and generating intelligent insights using generative AI. The company provides a range of solutions tailored to various industries, including telecommunication, manufacturing, energy & utilities, travel & logistics, and construction. The solution with digital twinning, custom IoT engineering, and GenAI-powered analytics enhances operational efficiency and innovation.

8. YouNeed3D

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: UK
  • Signal Strength: Very Strong
  • What they do: YouNeed3D specializes in asset and infrastructure visualization. It offers a scalable cloud-based, browser-hosted digital twin solution that integrates engineering and real-time IIoT data with photorealistic visualization of industrial assets. Its technology, Geminai, enhances the operational, management, and servicing processes of physical assets by visualizing them through high-fidelity 3D reality meshes generated from photos or point clouds. This enables an immersive reality environment accessible via any browser. This platform allows for the tagging of structured and unstructured information to the reality model. Further, it facilitates remote inspections, construction simulations, and improved collaboration across all asset stakeholder functions. YouNeed3D leverages visualization of spatial data to support operations, maintenance, design engineers, digital twins, asset inspection, BIM, facility management, and other use cases, delivered through a secure cloud-based solution without size limitations.

9. ViManPro

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Belgium
  • Signal Strength: Weak
  • What they do: ViManPro specializes in 3D manufacturing simulation. It utilizes the visual components software package to transform ideas into digital realities. Its product offerings include software packages for next-generation 3D manufacturing simulation, featuring visual components. It offers functionalities to optimize material flows, test robot systems accurately, minimize risks, enable virtual commissioning, boost sales, and demonstrate concepts in VR.

10. Twin Robotics

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: France
  • Signal Strength: Medium
  • What they do: Twin Robotics specializes in publishing software for industrial robotics that incorporates digital twin and Industry 4.0 concepts, specifically in the non-destructive testing (NDT) sector. The software suite enables the simulation of robotic cells and NDT sensors, including thermography, tomography, ultrasound, and terahertz that enhances the precision of inspections. The platform is designed as an open, manufacturer-agnostic system, utilizing AI for the optimization of inspection trajectories. Their four main products include Kernel, which offers robot path-planning and digital twin capabilities, and an Open Platform for custom application development using their API. AI Auto-Programming simplifies task programming through AI, while its e-hub distributor provides off-line programming systems for immediate solution deployment. Benefiting manufacturers and engineers seeking efficient, accurate NDT applications, Twin Robotics’ solutions streamline the integration of robotics into inspection processes.

Quick Tip to Find New Digital Twin Companies

Utilizing a SaaS platform like the Discovery Platform for identifying new digital twin companies provides significant benefits compared to traditional scouting methods:

  • Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying digital twin innovations.
  • Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the digital twin industry. The platform keeps you informed with near real-time updates on emerging digital twin companies and news, enabling you to make swift and informed decisions.
  • Tailored Exploration: You can narrow your search to focus on certain areas within the digital twin field, like robotic simulations, early warning systems, or facility management. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.

Ready to Explore All New Digital Twin Companies?

We’ve explored the dynamic landscape of the digital twin industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Industry 4.0 Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We value collaboration with industry professionals to offer even better insights. Interested in contributing? Get in touch!

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