Publication type: Conference paper
Type of review: Peer review (publication)
Title: Value creation with digital twins : framework validation and analysis of further development priorities
Authors: Barth, Linard
Ehrat, Matthias
Holler, Manuel
Fuchs, Rainer
et. al: No
DOI: 10.1007/978-3-030-72090-2_4
Proceedings: Smart services summit : digital as an enabler for smart service business development
Editors of the parent work: West, Shauen
Meierhofer, Jürg
Ganz, Christopher
Page(s): 35
Pages to: 47
Conference details: Third Smart Services Summit 2020, Zurich (online), 23 October - 23 December 2020
Issue Date: 2021
Series: Progress in IS
Publisher / Ed. Institution: Springer
ISBN: 978-3-030-72089-6
Language: English
Subjects: Conceptual framework; Digital twin; Practical applicability; Validation
Subject (DDC): 658.406: Innovation management, change management
Abstract: This paper presents results of an ongoing research project to explain the systematic value creation with digital twins. Herein a formerly proposed digital twin reference framework is validated, its usefulness in practice is evaluated and development priorities are derived. Therefore, the framework was presented to and discussed with experts from practice. The evaluation of the quality of the framework, its benefits in practice and the applicability for innovation process phases were collected with an online questionnaire consisting of open questions and quantitative ratings. Qualitatively, the study unveiled the systematization and holistic perspective as main strengths and the complexity as major weakness of the framework. Quantitatively, the framework proved to be useful as it provides benefits for practice, especially in the early stages of innovation processes. Finally, development priorities and directions were derived to improve and adapt the framework towards the created insights to foster its applicability in practice.
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Organisational Unit: Institute of Marketing Management (IMM)
Appears in collections:Publikationen School of Management and Law

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