--- title: "BisNow: Your Building Has A Digital Twin, And It Could Be The Key To Maximizing Real Estate Value" description: Building owners have begun exploring connecting the physical world to the intangible information-packed world of data with digital twin technology. image: https://blog.thoughtwire.com/hubfs/Stock%20images/Office/drew-beamer-679505-unsplash.jpg --- [![ThoughtWire](https://blog.thoughtwire.com/hs-fs/hubfs/Asset-19/ThoughtWire.png?width=585&name=ThoughtWire.png "ThoughtWire")](https://www.thoughtwire.com/) - [Smart Hospitals](https://thoughtwire.com/smart-hospital-products/) - [Smart Buildings](https://thoughtwire.com/smart-building-products/) - [Technology](https://thoughtwire.com/technology/) - [About](https://thoughtwire.com/about/) - [Resources](https://www.thoughtwire.com/smart-built-environment-resource/) - [Smart Resources](https://www.thoughtwire.com/smart-built-environment-resource/) - [Blog](https://blog.thoughtwire.com) - [News Center](https://blog.thoughtwire.com/news) - [Request a Demo](https://info.thoughtwire.com/demo) #### OverView Our HighIQ Smart Healthcare solution helps optimize the day-to-day lives of doctors, nurses, and clinicians at work. Find the right solution for your hospital. [Find Out More](https://www.thoughtwire.com/smart-hospital-products/) #### GET STARTED - ##### [Problems We Solve](https://www.thoughtwire.com/smart-hospital-solutions/problems-we-solve/) Solve your biggest challenges - ##### [Our Solutions](https://www.thoughtwire.com/smart-hospital-solutions/) Make your hospital smarter - ##### [Our Customers](https://www.thoughtwire.com/smart-hospital-solutions/customers/) Who we work with #### PRODUCTS - ##### [EarlyWarning](https://www.thoughtwire.com/smart-hospital-products/early-warning-application) Better predict patient deterioration - ##### [SynchronizedOps](https://www.thoughtwire.com/smart-hospital-products/synchronized-ops-application) Improve efficiency to reduce wait times - ##### [RapidResponse](https://www.thoughtwire.com/smart-hospital-products/rapid-response-application/) Respond to patients faster and better #### Overview Our HighIQ Smart Buildings solution empowers building owners and occupants to take control of their space. Find the right solution for your commercial building. [Find Out More](https://www.thoughtwire.com/smart-building-products/) #### GET STARTED - ##### [The Problems](https://www.thoughtwire.com/smart-building-solutions/problems-we-solve/) Solve your biggest challenges - ##### [Our Solutions](https://www.thoughtwire.com/smart-building-solutions/) Make your building smarter - ##### [Our Customers](https://www.thoughtwire.com/smart-building-solutions/customers/) Who we work with #### PRODUCTS - ##### [PrecisionHub](https://www.thoughtwire.com/smart-building-products/precision-hub/) Optimize building operations - ##### [@Work](https://www.thoughtwire.com/smart-building-products/at-work-application/) Improve tenant experience #### Overview Built using a super-fast graph database, our Digital Twin technology is at the heart of our applications. [Download e-book](https://info.thoughtwire.com/fp-opm-application-digital-twin-technology-ebook) #### GET STARTED - ##### [Overview](https://www.thoughtwire.com/technology) Connecting people and spaces for smarter built environments. - ##### [Digital Twin Technology](https://www.thoughtwire.com/technology/digital-twin/) What is a Digital Twin? - ##### [Core Services & Connectors](https://www.thoughtwire.com/technology/platform-services) The foundation for smart built environments #### OVERVIEW At ThoughtWire, we’re on a mission to create Smarter Spaces by using powerful Digital Twin Technology to bring Built Environments to life. [FIND OUT MORE](https://www.thoughtwire.com/about/) #### GET STARTED - ##### [Our Leadership](https://www.thoughtwire.com/about/leadership) Dedicated, focused and experienced executive - ##### [Careers](https://www.thoughtwire.com/about/careers/) You belong at Thoughtwire #### Find Out More - ##### [Ambiant Labs](https://www.thoughtwire.com/about/ambiant-labs) Making the art of possible come to life - ##### [News Center](https://blog.thoughtwire.com/news) Keep up with the latest ## [How Healthy and Resilient Is Your Building?](https://blog.thoughtwire.com/how-healthy-and-resilient-is-your-building) by [Christina Piruchta](https://blog.thoughtwire.com/author/christina-piruchta) on March 02, 2021 Top 3 Reasons Your Building’s Intelligence is Key to Your Safe Back-to-Work Strategy How would you feel if your building could assess sanitation and s\[...\] [Read more](https://blog.thoughtwire.com/how-healthy-and-resilient-is-your-building) ## [Poll Results: The Value Smart Buildings bring Occupants, Operators and Owners](https://blog.thoughtwire.com/value-of-smart-buildings-poll-results) by [Frans van Staden](https://blog.thoughtwire.com/author/frans-van-staden) on October 27, 2020 During our recent webinar, we asked our attendees a series of poll questions that cover three themes: 1. What makes a Building Smart, 2. The value a D\[...\] [Read more](https://blog.thoughtwire.com/value-of-smart-buildings-poll-results) ## [Expert Q&A: The Value Smart Buildings bring Occupants, Operators and Owners - Part 2](https://blog.thoughtwire.com/value-of-smart-buildings-part-2) by [ThoughtWire](https://blog.thoughtwire.com/author/thoughtwire) on October 12, 2020 Recently, we hosted a webinar with industry experts from Yorkland Controls, DB Engineering and Multiplex. Below is part two of two excerpts from our e\[...\] [Read more](https://blog.thoughtwire.com/value-of-smart-buildings-part-2) ## [Expert Q&A: The Value Smart Buildings bring Occupants, Operators and Owners - Part 1](https://blog.thoughtwire.com/value-of-smart-buildings-part-1) by [ThoughtWire](https://blog.thoughtwire.com/author/thoughtwire) on October 06, 2020 Recently, we hosted a webinar with industry experts from Yorkland Controls, DB Engineering and Multiplex. Below is part one of two excerpts from our e\[...\] [Read more](https://blog.thoughtwire.com/value-of-smart-buildings-part-1) ## [Evolution of the Real-Time Health System](https://blog.thoughtwire.com/evolution-of-the-real-time-health-system) by [Carly McLeod](https://blog.thoughtwire.com/author/carly-mcleod) on August 18, 2020 Health systems have evolved significantly with technology throughout the years, with each innovation aiming to reach a higher level of transformation,\[...\] [Read more](https://blog.thoughtwire.com/evolution-of-the-real-time-health-system) # Thoughts Over the Wire - [Events (24)](https://blog.thoughtwire.com/tag/events) - [Featured (68)](https://blog.thoughtwire.com/tag/featured) - [Smart Buildings (77)](https://blog.thoughtwire.com/tag/smart-buildings) - [Smart Hospitals (47)](https://blog.thoughtwire.com/tag/smart-hospitals) - [TW Team (31)](https://blog.thoughtwire.com/tag/tw-team) - [TWTurns10 (8)](https://blog.thoughtwire.com/tag/twturns10) [Back to Blog](https://blog.thoughtwire.com) # BisNow: Your Building Has A Digital Twin, And It Could Be The Key To Maximizing Real Estate Value By [ThoughtWire](https://blog.thoughtwire.com/author/thoughtwire)13, Nov 2018 Building owners have begun exploring what it means to connect the physical world to the intangible information-packed world of data with digital twin technology.  Commercial real estate is an investment class firmly rooted in the physical world. Offices are tangible places that consume energy and provide occupants with services. Through the rise of the internet - IoT and data sharing are becoming a more common focus in real estate.  From lighting usage, HVAC performance, temperature controls and office occupancy, this information can form a holistic digital image of how a building operates. Combined with blueprints and 3D modelling, data can allow property managers and owners to view a building holistically and explore its functionality on a much smaller, detailed scale and fine-tune its operations. ![drew-beamer-679505-unsplash](https://blog.thoughtwire.com/hs-fs/hubfs/Stock%20images/Office/drew-beamer-679505-unsplash.jpg?width=600&name=drew-beamer-679505-unsplash.jpg) This digital copy has been dubbed the digital twin, and it is changing the way owners evaluate their real estate assets. “A real-time digital twin, from our perspective, is a digital representation of the state of all the things in a building that allows it to operate and interact with occupants,” ThoughtWire CEO Mike Monteith said. “Data from the inside world and the outside world can create a dynamic, contextual view of what is happening in the built environment. It gives additional awareness for those able to interact with the digital twin and make decisions that benefit the occupiers of the building.” “People are reacting to how they think they feel,” Montieth said. “It’s about understanding the psyche and human interpretation of their experience and how that translates to the built world and issues like energy consumption and efficiency. It’s simple but a profoundly exciting moment to use the digital twin to make this discovery.” By creating this digital copy of a property, owners not only have a real-time guide to understanding their current building operations but can also unlock ways to optimize its operation from both an efficiency and comfort perspective by fine-tuning operation strategies. The digital twin goes back to the early 1990s, when academics pondered the idea of creating a “mirror world” that functioned as a digital embodiment of the physical world. This concept was later picked up by NASA, which used the digital twin technology to manage the lifecycle of parts developed for aerospace manufacturing most notably used for the Apollo 13 moon mission, and for the Mars Rover “Curiosity”. To learn more about how CRE software can transform your business - check out our free [Smart Building E-Book.](https://info.thoughtwire.com/fm-smart-building-opm-download-the-asset-managers-guide-to-opm) This article is an excerpt from the full length piece [featured on BisNow](https://www.bisnow.com/new-york/news/office/your-building-has-a-digital-twin-and-it-could-be-the-key-to-maximizing-real-estate-value-through-data-94019). [Back to Blog](https://blog.thoughtwire.com) ### Schedule a Demo ## [![demo-cta](https://blog.thoughtwire.com/hs-fs/hubfs/demo-cta.png?width=250&name=demo-cta.png)](https://info.thoughtwire.com/demo) ### How do you connect the inside with the outside world? [![Video-smart-cities](https://blog.thoughtwire.com/hs-fs/hubfs/Web%20Images/Video-smart-cities.png?width=300&name=Video-smart-cities.png)](https://info.thoughtwire.com/mike-monteith-talks-how-smarter-buildings-are-the-key-to-smart-cities-opm-applications-bisnow) ### Find out how Hamilton Health Sciences is turning vision into reality  [![Case Study - Hamilton Health Sciences](https://blog.thoughtwire.com/hs-fs/hubfs/Asset%20Cover/Screenshot%202018-10-17%2009.45.18.png?t=1543257506419&width=280&name=Screenshot%202018-10-17%2009.45.18.png)](https://info.thoughtwire.com/fp-smart-hospital-case-study-hamilton-health-sciences-prevent-code-blues-calls)  ### Download the industry's first strategy blueprint for OPM [![OPM_strategy](https://blog.thoughtwire.com/hs-fs/hubfs/OPM_strategy.png?width=300&name=OPM_strategy.png)](https://info.thoughtwire.com/download-the-industrys-first-strategy-blueprint-for-opm-fp) ### Subscribe Thoughts Over the Wire to receive the insights on Operations Performance Management (OPM) ### Read more of what you like. ## [How can Occupants Return to Work Safely and Confidently Post-COVID?](https://blog.thoughtwire.com/how-can-occupants-return-to-work-safely-and-confidently-post-covid) ## [How Healthy and Resilient Is Your Building?](https://blog.thoughtwire.com/how-healthy-and-resilient-is-your-building) ## [Poll Results: The Value Smart Buildings bring Occupants, Operators and Owners](https://blog.thoughtwire.com/value-of-smart-buildings-poll-results) ![newsletter_bg](https://cdn2.hubspot.net/hub/2432204/hubfs/99%20Template%20Pack/newsletter_bg.jpeg?t=1540381063743&width=2000&name=newsletter_bg.jpeg "newsletter_bg") ## Get all News Updates to your inbox. Please subscribe with your business email address. ### Subscribe Here! ![ThoughtWire](https://blog.thoughtwire.com/hs-fs/hubfs/Asset-19/tw_logo_white-2.png?width=554&height=100&name=tw_logo_white-2.png "ThoughtWire") ThoughtWire is on a mission to bring the built environment to life. By orchestrating data from people, process, and the physical built environment ThoughtWire’s built environment Digital Twin delivers smarter, safer and more efficient hospitals, commercial buildings, and cities. Connect and follow us to learn more. - - - #### Smart Hospital Solutions - [Problems We Solve](https://www.thoughtwire.com/smart-hospital-solutions/problems-we-solve/) - [Our Solutions](https://www.thoughtwire.com/smart-hospital-solutions/) - [Our Customers](https://www.thoughtwire.com/smart-hospital-solutions/customers/) #### Smart Building Solutions - [Problems We Solve](https://www.thoughtwire.com/smart-building-solutions/problems-we-solve/) - [Our Solutions](https://www.thoughtwire.com/smart-building-solutions/) - [Our Customers](https://www.thoughtwire.com/smart-building-solutions/customers/) #### About - [Technology](https://www.thoughtwire.com/technology/) - [About](https://www.thoughtwire.com/about/) - [Blog](https://blog.thoughtwire.com/) - [Resources](https://www.thoughtwire.com/smart-built-environment-resource/) - [Privacy Policy](https://www.thoughtwire.com/privacy-policy/) - [Smart Building Definitions](https://info.thoughtwire.com/smart-building-definitions) © All rights reserved ThoughtWire 2021