Digital twins

Edition #003

Digital twins, it’s a term which grew rapidly with ChatGPT, the idea of having a digital twin of a persona. But it’s also extended to models of real world items. Like a digital twin of infrastructure, and you use robots to scan that infrastructure and visualize where problems are. It’s a very neat concept - and particularly relevant to data & analytics. Because it’s the data we’re working on, powering the digital twins.

In that space, look at Gecko Robotics or Cesium; the former is a company which creates digital twins of infrastructure. The latter, provides 3D models of the real world, for which you can overlay data.

And this is exciting, this is the bringing of data & analytics to the real world. And is a rapidly expanding part of the industry, so worth keeping an eye on.

There is a good story from AdExchange on Adalytics, worth a read. But it talks about how when an analytics company shares inconvenient truths, so worth reading if you’ve yet to find yourself in that position.

One such occasion I’ve had, is when we inadvertently uncovered a massive use of bots on a clients campaign.

Marty Swant at Digiday has the story on a couple of big announcements by WPP & Publicis Group. Both collectively spending hundreds of millions of dollars to beef up their AI capabilities. WPP more into proprietary technology that they can own.

This is good news for any agency side analytics folks!

Notable stories this week

Deals/M&A

Data visualization of the week

  • Using reach maps to demonstrate the importance of reaching enough people to have an impact.

Smartest commentary

  • “Effective measurement should propel brands forward – not hold them back.” -Liam Wade.

  • “Everyone within Publicis Groupe will become a data analyst, an engineer, an intelligence partner, with all the information they need at their fingertips to supercharge client growth." -Publicis Groupe.

Datapoints of note

  • WPP plans to spend $315m in 2024 investing in proprietary technology to support our AI and data strategy.

  • Publicis Groupe announced a three year plan to invest $378m in its AI efforts.

That’s it,

-Ben

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