Three ways the current paradigm shifts in technology are shaping the future of industry

Digital twins, based on 4IR technologies, are a critical enabler for Web3 in industry. These are already in use with various levels of completeness in many industries to help organizations understand system flows, anticipate maintenance needs, reduce operational costs, and enhance overall efficiencies.

“Ideally you want Web3 to revolutionize your end-to-end workflows, across the board, for every person in your organization. But I think it’s more the case that we will find pockets of traction, where somebody can get started despite the significant headwinds that are facing us.”

– Matt Fleckenstein, Sr. Director, Product Management, Microsoft Mesh, Microsoft 

Being a leader of innovation, Vancouver Airport Authority (YVR) wanted to reinvent itself as a gateway for learning, innovation and movement of new ideas in industries beyond aviation. The result was a digital twin of its terminal and airfield on Sea Island. 

The digital twin of YVR’s facilities helps solve challenges such as training, optimization, testing, evaluating environmental impact, and planning for the future – all while enabling the airport to operate without interruption. Designed with a “people-first” mindset, YVR’s digital twin offers significant benefits to airport employees, as well as the community at large.