Digital Twin IoT Smart Metering for Real Estate Asset Management

Digital Twin a company unlocking the value of data through digital transformation, today announced the official launch of its smart metering solution aimed at the real estate asset management sector. Combining IoT and SaaS, Digital Twin’s smart metering solution enables organizations to take back control of data (and billing relationship) which was previously held by third-party metering companies.

For real estate asset managers, the ability to analyze data and make predictive decisions about the usage of utilities in real-time (water, gas, electricity, diesel, and increasingly solar energy) from their tenants has, until now, been impossible as all data was collected and managed by third-party metering providers, meaning that billing charges for utilities were effectively a ‘closed shop’ or vendor locked. 

Digital Twin breaks this cycle by empowering real estate managers with an end-to-end smart metering solution for real-time decision making; 

• a full stack data communications gateway back into the business, collecting data from the meter via the DLMS (Secure), Modbus and M-bus,
• data is then transferred to the business using u-Blox’s Thingstream secure communications-as-a-service platform (up time is guaranteed irrelevant of available local mobile operator), 
• data can be ingested, interrogated via Digital Twin’s management console for real time notifications and operational intelligence. Real estate asset managers can then pass the data to a billing provider of choice.

Richard Creighton, CEO, Digital Twin, explained, “Digital Twin’s smart energy metering solution enables real estate asset managers to have end-to-end visibility of what their tenants’ utility consumption is, in real-time. This empowers them to be more transparent and cost-effective from an individual tenant level to a portfolio-wide view. This is a win-win for all while also aiding in the real estate fund’s ESG objectives.”

About Digital Twin

Digital Twin challenges and disrupts classic controls and asset management methodologies through the application of IoT/IIoT hardware and SaaS. Our deep understanding of process control coupled with rapid deployment facilitated by in-house research, development, and manufacturing is the enabler to supplying turnkey solutions. Our solutions bring data out of the darkness into the light.