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What is a business digital twin?

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Stephen Hambling talks openly on Kybos Diary of a CFO about the buzz around business digital twins.

What is a business digital twin?

Digital twinning is a technology that allows finance teams to leverage virtual models and advanced analytics, becoming more agile and insightful in todayโ€™s data-driven environment. By simulating scenarios and visualising outcomes, digital twins open up opportunities for improved performance in key areas such as risk management, resource optimisation, and interdepartmental collaboration.

The benefits of digital twins

If youโ€™ve ever questioned whether digital twins represent the future of FP&A or are just a fleeting trend, this video is your opportunity to find out. Weโ€™ll sift through the buzz and provide actionable insights about the necessary infrastructure and personnel, helping you determine if this technology is suitable for your team.

What will you learn?

  • How to utilise digital twins for more effective risk management and cross-team collaboration
  • Why theyโ€™re transforming FP&A and enabling agile, real-time responses to challenges
  • How to utilise digital twins for more effective risk management and cross-team collaboration
  • Utilising digital twins in Jedox FP&A software.

About Stephen Hambling,
CEO and Founder of Kybos, a UK based Jedox partner.

I provide simple, clear, commercial forward looking financial support to founders, entrepreneurs and CFO’s of Small and Medium sized companies. Typically I’m the special projects guy, commercial troubleshooting, systems help, M&A or cashflow & turnarounds. I’ve implemented several hundred finance systems. Implementations are not a core skill set for the average finance team, so it’s easy for a project to go off track. Clear simple guidance before, during and after an implementation can make the world of difference.

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Aout Kybos
Kybos is a dedicated UK Jedox gold partner. We build planning and analysis solutions that deliver value fast using accountancy qualified consultants. Whether you want a fully customised application or to build upon an existing solution, Kybos consultants are here to help.