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160 Kemp House, City Road, London, EC1V 2NX, UK
A Digital Twin of the Organisation (DTO) is a virtual representation of an entire organisation, such as a large enterprise. DTOs synchronise and integrate real-time data from across your enterprise systems, enable monitoring and experimentation based on a software model of your organisation, and support informed, data-driven decisions.
DTOs provide a single source of truth for all stakeholders, ensuring your organisation can monitor processes, assets, and performance in real-time and make decisions based on the most recent, accurate, and reliable information. By using advanced representations of your processes, linking them together, and connecting them to commercial outcomes, DTOs provide insight into future performance and challenges that lie ahead.
DTOs facilitate scenario planning, allowing companies to simulate and evaluate different business scenarios and their outcomes. This capability enables organisations to assess the impact of strategic decisions before implementation, reducing risks and optimising results.
Process Simulation is the method of rapidly developing Digital Twins of processes and, over time, connecting and expanding individual Digital Twins to progress towards an entire DTO.
BPS showcases the concept and usefulness of a Digital Twin rapidly by focusing on smaller-scale implementations. Thereby, it avoids treating the development of a DTO as along, risky, time-consuming, and costly project. BPS develops incredibly valuable Process Twins rapidly, which support transformation and operation steams at minimal time and costs.
BPS then enables the Digital Twin of the Organisation by connecting and expanding Process Twins over time. These connections unlock synergistic effects with additional value. They allow large enterprises to fully realise the vision of a DTO that captures the complexity and inter connectedness of entire organisations.
How does a Silico Digital Twin of the Organisation differ from what other technologies define as a Digital Twin of the Organisation?
A true Digital Twin of the Organisation requires data integration to multiple enterprise systems, needs to capture the organisation holistically, and provides forward-looking insights.Many other providers that market themselves as providers of Digital Twin are vendor-specific, cover only single processes, and focus on analysing historical data.
Instead, Silico provides a Digital Twin platform that can connect to all your IT systems as data sources, can be used to build dynamic Digital Twins of processes that can be connected to each other as well as other elements of the organisation, and focuses on testing decisions before implementation in forward-looking circumstances.
Stay informed about your organisation's progress and divergences from plans with all the necessary information at your fingertips.
Use the DTO for scenario planning and what-if analysis to ensure you can take advantage of opportunities and mitigate adverse changes as they arise.
Test and iterate through decisions virtually before implementing them in the real world to derive optimal courses of action.
Ensure decisions across your organisation are based on the same information and contribute to achieving your organisation's strategic objectives.
How can a Digital Twin of the Organisation help optimise your business processes?
Individual Process Twins and entire Digital Twins of the Organisation are incredibly valuable. Rapidly developed Process Twins allow transformation teams to iterate through the DMAIC cycle quickly and stress-test processes and identify issues before they affect the business. They can then redesign the process virtually to test potential improvements and maximise the ROI of their changes.
Similarly, process owners and operations teams can also use the Digital Twin of the process to optimise, for example, capacity and inventory management. Connecting such Process Twins to create a DTO that reflects the entire organisation unlocks synergistic effects with additional value, including revealing side-effects of decisions.
How to create a Digital Twin of the Organisation?
For organisations implementing a DTO, starting small and gradually scaling up the Digital Twin is widely recommended. This is the core of Silico's Business Process Simulation (BPS) methodology, which enables the Digital Twin of the Organisation to rapidly develop valuable Digital Twins of individual processes and connect them over time to create a full DTO.
Select a process to start with, translate your existing resources, such as process maps and mining graphs, into a Digital Twin of the process, synchronise data sources, and explore future outcomes and better decisions. Over time, expand your initial Process Twin and connect Process Twins to another to develop your full DTO.