As sustainability targets drive the energy industry towards a net zero future and energy security concerns intensify, companies are challenged to meet these competing demands within financial and workforce restraints. Owners and EPCs must cater to short-term energy demands while simultaneously positioning themselves for the long-term energy transition projects gaining traction.

Across the globe, leading organizations are embracing and implementing advanced digital technologies and the industrial metaverse. This industrial digital transformation journey will change the nature of asset intensive industries, particularly the energy and chemicals businesses. In that context, digital twins — virtualized copies of physical assets and their operating behaviors — will play key roles.