University of Twente Student Theses


Value Assessment of Digital Twins

Goudswaard, A.T. (2023) Value Assessment of Digital Twins.

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Abstract:Making business processes smart is a topic of great interest in recent times and with it came the newest iteration of business process simulation: the Digital Twin. This study explores the concept of Digital Twins and their relationship with value creation and reviews a model proposed by Barth et al. [4] by applying it to a use case. The model underwent changes and extensions in order to take a first step to quantification of value. In conclusion, the model with certain changes and extensions is applicable to a logistical use case. Furthermore, there is an apparent knowledge gap in terms of quantitative analysis of Digital Twin implementations.
Item Type:Essay (Bachelor)
Faculty:EEMCS: Electrical Engineering, Mathematics and Computer Science
Subject:54 computer science
Programme:Business & IT BSc (56066)
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