2023

3D digital twin of your facilities that unifies relevant data providing you with real-time analytics to monitor and optimise your business.

Twinzo Soulmates Ventures

Twinzo

Milestones

Invested 06/2023

Team

Michal Ukropec - Founder & CEO
Patrik Pasko - Founder & CTO
Michal Celeng - Founder
Jiří Žíla - Founder
Lubomira Bosanska - COO
Tomas Vojtek - CSO

Partners

Soulmates Ventures
DEPO Ventures
Critical Ventures
Venture to Future Fund

The highlights

  • The solution

    Imagine a world where real-time modelling, simulation, autonomy, machine learning, and big data converge into a single, transformative force – that’s the power of Digital Twin technology. At its core, it offers exact digital replicas of products, infrastructures, spaces, and processes, opening up a world of possibilities. Twinzo is at the forefront of this revolution, offering a 3D Live Digital Twin solution for houses, offices, factories, and even entire cities available in your mobile app.

    It’s a symphony of IoT, machine learning, and data integration, resulting in an unparalleled tool that answers complex questions and drives efficiency. With applications spanning manufacturing and logistics, smart cities, IT, construction & real estate, healthcare, energy, agriculture, aerospace, and others, Twinzo empowers entities with real-time data and analytics at their fingertips. It connects the dots in your data landscape, offering API connections, infinite data sources, IoT integration, and 3D models, all accessible through your smartphone.

    The uniqueness

    Twinzo’s uniqueness lies in its ability to monitor any IoT sensor, database, process, or workflow, providing a game-changing level of insights and control that was previously unimaginable. The app serves as a remote control, giving access to real-time information via a smartphone and an intuitive 3D interface with features like real-time localization, indoor and outdoor tracking, and in-depth data analytics.

    This capability empowers businesses to not only streamline their operations but also enhance the sustainability and efficiency of their businesses. The advantage is not just efficiency but also resilience, as users gain insights into exceptional events or technical issues, facilitating swift responses.

    The challenges

    The technology is poised to address some of the most pressing challenges of our time. It is clear that we need to employ urgency as we only have ten years left to prevent irreversible damage from climate change and other planetary challenges (according to the latest research 6/9 planetary boundaries have been crossed to dangerous levels). The complete transformation needed to achieve these goals will require new ways of managing products and services over their entire lifecycle, from design, to use and end-of-life.

    From optimizing energy management, production and distribution to creating smarter, carbon-neutral buildings, lowering costs, optimizing processes and improving public infrastructure, the technology provides an untapped opportunity to reduce operational costs and drive sustainable, circular, end-to-end disruption in value chains.

    The purpose

    Twinzo’s purpose is clear: to improve products, reduce the costs, resource use and carbon footprint, and boost productivity by supporting disruptive innovation and agile, customer-centric, data-driven and more efficient business models. This technology is the key to a more sustainable economy, increasing resource efficiency and product life cycle times, and cutting carbon emissions. It empowers users with real-time insights, enhancing decision-making by 35%.

    The technology can minimise risks in complex projects by providing crucial data in a groundbreaking way, allowing users to design, test, and model disruptive sustainable projects in record time and accelerate time-to-market. These contributions explain why virtual twin technologies have been used in the development of 85% of the world’s electric vehicles, more than 75% of global wind power, and breakthrough sustainability pilots such as electric furnaces, the world’s first solar airplane, and new bio-materials.

    The profit

    From an investment perspective, Twinzo’s impact on industries is poised for exponential growth, offering a multitude of opportunities across various sectors. Twinzo has already closed partnerships with renowned clients such as Škoda Auto, Whirlpool, Benteler, Nemak, Schnellecke Logistics, Mondelěz International.

    In 2022, the global digital twin market was valued at $8.60 billion and is projected to grow from $11.51 billion in 2023 to $137.67 billion by 2030, exhibiting a growth CAGR of 42,6 %. Future growth is expected to be led by industries of transportation & automotive, aerospace, manufacturing, healthcare, energy and defence.

    The economic potential is immense, with virtual twins unlocking an additional combined value of $1.3 trillion by 2030, while simultaneously reducing carbon emissions by 7.5 Gt – the opportunity calculated for just five industrial applications of virtual twins. In the close future, the potential of digital twins knows no bounds – and Twinzo is leading the way with track-record of over 95 live digital twins covering over 270+ million square meters, 12699 localitization devices and 10827 IOT sensors.

    Twinzo Team

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    Sources:

  • https://azure.microsoft.com/en-us/blog/how-iot-ai-and-digital-twins-are-helping-achieve-sustainability-goals/
  • https://www.accenture.com/us-en/blogs/industry-digitization/accelerating-sustainability-with-virtual-twins
  • https://www.weforum.org/agenda/2021/01/virtual-twin-technology-sustainability-goals/
  • https://www.sciencedirect.com/science/article/pii/S2452414X22000516
  • https://www.mdpi.com/2227-9717/10/4/744
  • https://neoteric.eu/blog/digital-twin-applications-what-challenges-do-they-solve/
  • https://www.sciencedirect.com/science/article/pii/S277266222300005X
  • https://www.nature.com/articles/s41893-022-00923-7
  • https://www.weforum.org/agenda/2021/01/virtual-twin-technology-sustainability-goals/
  • http://www.eng.cam.ac.uk/news/digital-twins-pathway-achieving-world-s-sustainability-goals
  • https://joint-research-centre.ec.europa.eu/jrc-news-and-updates/twin-green-digital-transition-how-sustainable-digital-technologies-could-enable-carbon-neutral-eu-2022-06-29_en
  • https://www.3ds.com/assets/invest/2021-01/dassault-systemes-and-accenture-virtual-twin-and-sustainability.pdf
  • https://www.fortunebusinessinsights.com/digital-twin-market-106246