City asset management has become more complex in today’s unpredictable and fast-paced environment. Informed urban planning decisions are vital to achieving the optimal placement, utility, and value of assets. It takes new technology, such as that provided by a digital twin, to get a proper grip on asset management.
According to a recent survey by Capgemini, digital twin implementations are growing across all major industries and are expected to rise by 36% over the next five years . Benefits such as cost-saving (79%) and technological advancement (77%) were cited as the main reasons for investing in digital twins.
Digital twins make city planning easier by providing precise and actionable information. They do this by creating a replica of objects throughout the city in an immersive electronic format. In fact, these models are key to building smart cities that leverage information technology for data-driven decision-making—paving the way for successful city asset management.
A digital twin city from Jakarto includes highly accurate models of buildings and roads, trees and shrubs, and street furniture. You can “travel” virtually through the city and make measurements with centimetric precision. Artificial intelligence (AI) analyzes the model to assist you with inventories, thereby making asset management faster and more cost-effective.
Now, it’s easy to track the city from your office. Feel free to annotate the 3D map, plan city management activities with your high-tech model, and use the digital twin to communicate with stakeholders. Moreover, the system automatically detects changes anywhere in the city each time it updates the model.
Why is Asset Management Essential to a Smart City?
Asset management is necessary for the smooth functioning of a municipality, ensuring that utilities and citizens’ needs are addressed. Although traditional methods have done a fair job to date, higher expectations along with the complex requirements of a smart city make intelligent tools like a digital twin essential.
A responsive municipal government values public participation. With better asset management, municipalities gain a deeper understanding of residents and improve the quality of services they provide. Because city planners can see the bigger picture in respect of asset location and functionality, they can allocate resources more efficiently and offer more targeted services.
As much as asset management is essential, it’s not easy. Municipalities often struggle with a lack of resources—be it workers, time, or budget. This, in turn, may lead to incomplete or out-of-date inventories. Asset management is only as good as the inventory data it relies on.
Effective management starts with an accurate inventory. That is, knowing what you have. Now, the benchmark for accurate inventory has been set even higher. Jakarto’s extremely precise map data leverages AI to reach 100% accuracy. After all, a smart city deserves better than overly expensive and inaccurate legacy systems.
Digital Twin and City Asset Management: A Match Made in Heaven
Given the necessity of an up-to-date and accurate inventory of city assets, there’s no better solution now available than a digital twin. The technology stores precisely which assets you have and where they are. This helps officials with day-to-day activities as well as future projects and other job responsibilities. For example, the immersive model can help you plan water reticulation and sewage systems.
Jakarto’s unique digital twin solution provides information from a detailed ‘driver’s view,’ with exhaustive data from multiple vehicle sensors. If the city assets are not visible from the public roads, Jakarto can, on demand, complete its data with a bird’s eye view from above. By combining aerial 3D data obtained by satellites, planes, and drones, Jakarto complements its road-based view to give you the complete picture. For instance, the street view sees house fronts and the like—you can only identify features like swimming pools from overhead.
Municipal planners already have basic tools such as traffic simulations to predict demand for transportation services and model energy consumption patterns to forecast potential greenhouse gas emissions. However, considering the complexities of modern-day cities, there’s simply no equivalent to a detailed digital twin with 3D geospatial data.
Instead of having to piece together information from various sources and angles, you have instant access to all the relevant information in a comprehensible visual display such as Jakartowns. The advantages are huge, affecting everything from zoning issues and project planning to risk mitigation and climate resilience. It’s like having a futuristic version of your city that helps you to communicate plans, policies, and outcomes in a controlled environment—and it’s available now!
Optimizing City Asset Management With Digital Twin Technologies
Digital twins bring together municipal data from multiple sensors into a centralized system. Utilizing this powerful visualization technology is simple for any municipal department. And because Jakartowns digital twins are stored in the cloud, the data is accessible from anywhere and on any device.
The data resource lies at the core of the digital twin framework. Essentially, the solution functions as an asset management system, encompassing several data acquisition and processing methods that jointly assemble the most successful asset management tool on the market.
For instance, Jakarto’s digital twin technology includes 3D immersion and automated asset inventory. The software analyzes point clouds and imagery to identify assets quickly and inexpensively. Your physical territory becomes digital territory. The power of digital transformation means you can instantly measure objects—like utility poles, traffic lights and signs, plants, ditches, and more—to effectively plan and implement projects.
There are many use cases for a digital twin city. Comparing municipal data from different time periods aids in making forecasts for the future. You can also use the digital twin as a tool to facilitate maintenance duties, such as clearing obstacles from the electricity network and ensuring road signs are visible.
In summary, digital twin technologies encourage best practices for asset management. And besides the benefit of the initial digital twin modeling your city, scanning your territory more often can bring even more benefits and help you oversee changes better. You’ll be able to track, maintain, and plan more effectively, resulting in better outcomes for residents. The city can also save resources, as it’s a lot less expensive to conduct these activities virtually than to deploy trucks and technicians.
Manage Digital Twin Assets With Jakarto
A digital twin enhances almost every action requiring municipal asset tracking. The technology enables you to store exceptionally precise and comprehensive information. Further, it presents the data in a highly digestible format—a 3D map that’s easy to use.
Due to its superior usability, digital twin technology is growing rapidly in popularity, with cities and towns around the globe applying solutions like Jakarto’s. This approach is revolutionizing architecture and construction, mobility for human drivers and autonomous vehicles, and many other aspects of urban management.
From planning to project implementation, you’ll find it faster and less expensive to use a digital twin. Jakarto produces the most innovative digital twins, with coverage extending to more municipalities every day. When you’re ready to use a digital twin to achieve your smart city goals, contact Jakarto!