Torbjörn Lahrin

Investing in Local Digital Twins and CitiVerse is today rather challenging. All technologies for creating LDT:s or CitiVerse have their strengths and weaknesses. Any investment made today is therefore associated with a rather high degradation of uncertainty. Still, the SME:s and Europe must invest already now in these technologies to have a chance to be “on the train” and ahead in the competition. However, this also comes with a large risk that European SME:s and, in the broader scope, the European societies to some extent might find themselves investing in the “wrong” direction with techniques and methods that will not be long lasting.
To know what other actors are doing all around the world will help stakeholders to navigate and to invest in “right” directions with long term safer investments. Once we get an international reference architecture for LDT:s in place this will give even more security for those parties following the international standard.