Press release

Navigant Research Report Shows Digital Twins Promise to Revolutionize the Wind Industry by Optimizing Project Performance and Maintenance

Sponsored by Businesswire

A new report from Navigant
examines wind sector-specific offerings, trends, and an
intensifying vendor landscape.

Predictive analytics and digital twin modeling are sweeping across many
industries, including the wind sector, where wind turbines lend
themselves well to collecting vast amounts of data that can inform and
refine digital twin models. Click
to tweet
: According to a new report from @NavigantRSRCH,
digital twins promise to revolutionize the wind industry by optimizing
project performance and maintenance.

“Digital copies of operating wind turbines can enable asset owners to
virtually and remotely monitor, test, and predict the performance and
condition of turbines and subcomponents and carry out performance and
reliability tests in a virtual environment,” says Jesse Broehl, senior
research analyst with Navigant Research. “This empowers asset owners and
wind turbine manufacturers operating wind turbines to predict and plan
for faults and optimize performance of their assets.”

To leverage digital twin technology, the report recommends wind turbine
OEMs see themselves as both vendors and customers of the technology,
while independent software as a service vendors mine the market and
leverage third-party independence over wind turbine OEMs. Meanwhile,
asset owners implementing digital twins should test and verify the
technology’s promises.

The report, Advancing
O&M Insights for Wind Plants with Digital Twins
, discusses
wind sector-specific offerings, trends, and intensifying vendor
landscape. The analysis examines drivers and barriers for wind turbine
asset owners, wind turbine OEMs, and software vendors that are
increasingly active in this space. The report also discusses specific
market players using digital twin technology, applications and
strategies specific to wind turbines, and provides recommendations for
wind market participants. An Executive Summary of the report is
available for free download on the Navigant
Research website

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of
clean, intelligent, mobile, and distributed energy. Additional
information about Navigant Research can be found at

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found

* The information contained in this press release concerning the
Advancing O&M Insights for Wind Plants with Digital Twins, is
a summary and reflects Navigant Research’s current expectations based on
market data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report’s conclusions and the methodologies used to create the report.
Neither Navigant Research nor Navigant undertakes any obligation to
update any of the information contained in this press release or the