In the vast expanse of tech parks, ensuring you stay ahead of the curve is crucial. You can’t attain this alone with managerial competence but with the help of digital technology. One such innovation that is making waves in the industry right now is digital twins. Digital twins are a virtual replica of the premises and offer real-time data. Imagine a scenario where you as a tech park operator have access to critical data from energy usage and space optimisation to tenant experiences and maintenance needs.

What I just described does sound like something from a Sci-Fi movie, but as most fiction movies are, they eventually come to reality. Integrating digital twins into your software for your tech park could be a game changer. It could drive efficiency, reduce costs, and enhance tenant experience. In this blog, we will dive into how digital twins can be leveraged by property management software. Whether you're interested in opting for a digital twin or intrigued about its ability in a mall ecosystem, this blog will give you some clarity for it in the same.

Understanding Digital Twins

As mentioned before digital twins are a virtual replica of the premises. In the context of a tech park, they offer real-time data on critical factors leveraging IOT devices, sensors, and other monitoring devices. 

Some key components of digital twins that help with the day-to-day operation are as follows.

1. 1.
   3D modelling: Digital twins provide a digital depiction of the whole tech park and its layout with elements including the architectural element, design, and spatial configuration of the environment.
   
   
2. 2.
   Sensors & IoT devices: Across the tech park are several sensors and IoT devices placed in key locations to collect real-time data about the tech park. Usually, they collect data on various parameters such as temperature, humidity, occupancy, energy consumption, and equipment status.
   
   
3. 3.
   Behavioural Simulation & Predictive Analytics - Digital twins use simulations to involve simulating virtual models of building systems such as HVAC, lighting, and security, using this captured data to subsequently predict how these systems will respond to different circumstances and simulations. 

4. 4.
   Dashboard and Controls Panels:  provide an intuitive and user-friendly dashboard that can allow for easy data analytics, data access, and a general dashboard containing all relevant details of the area. 

How To Integrate Digital Twins with PMS.

1. 1.
   Determine The Need: Determining the specific needs of your digital twin, and integrating it with your property management software can help you determine your plan of action. If you can gauge the overall impact and metric you want to track that can help the property management software better provide the same.
   
   
2. 2.
   Platform selection: Assess the various digital twin platforms that could meet your needs. Also, follow up with your existing property management software to enquire if they can integrate with a digital twin system.

3. 3.
   System Integration: An application interface needs to be developed in conjunction with each other. The API will help facilitate data exchange between the digital twin and the property management software. 

4. 4.
   Pilot Testing: Once the API is created the property management company & the digital twin have to test for its integration capacity. The main goal of the pilot test is to ensure the data flows smoothly between the 2 ecosystems. 

5. 5.
   Monitoring & Optimisation: It's important to monitor the integration of the system. Make adjustments wherever necessary. Enhance its functionality across.

How Digital Twins & PMS help Tech Parks.   

1. 1.
   Real-Time Monitoring and Control - property management companies with the help of other technologically advanced systems help monitor the real-time activity of the tech-park. This data can be used to optimize the operation and drive the efficiency of the tech park. 

2. 2.
   Predictive Maintenance - Digital twins can help identify issues persistent in parts of the tech parks in either the HVACs, lights, etc. This can help cost saving and drive up customer engagement across the tech park. 

3. 3.
   Energy Management - A tech park is a large area with a focused workforce. Much of the tech park may not be in use, but a digital twin can easily help identify what parts are underutilised, which could help mall operators save costs on energy consumption. 

4. 4.
   Analyzing Space Utilization - A digital twin helps mall operators better analyze the availability of space in the area. With a visual representation of the whole tech park, operators can make better decisions regarding its optimal utilisation. 

5. 5.
   Enhancing Workspace Flexibility - A workplace is at its very core is an arrangement of work, a digital twin can help optimise the floor plan making it easier to draw out a plan of action, what works and what does not.
   

Conclusion
We are amid a major revolution in the real estate industry. With a major change in the property management software, we could see a major shift towards what property management companies could offer and how digital twins could be further leveraged for the same.