Not long after being recognized as a technology leader in the Digital Twin of an Organization space by Quadrant, Cosmo Tech, a global software vendor of Simulation Digital Twin solutions for industry to simulate and optimize operational efficiency, has been included again as a Representative Vendor in Gartner’s 2021 Market Guide for Technologies Supporting a Digital Twin of an Organization.1
According to Gartner, the world’s leading research and advisory company, “a Market Guide defines a market and explains what clients can expect it to do in the short term. With the focus on early, more chaotic markets, a Market Guide does not rate or position vendors within the market, but rather more commonly outlines attributes of representative vendors that are providing offerings in the market to give further insight into the market itself.”2
Cosmo Tech was highlighted as “a reference company in the modeling and simulation of complex systems” and its capacity to “allow the simulation of unlimited what-if scenarios (prediction) and automatically propose the optimal how-to scenarios (prescription)”. Notably, the Market Guide explained that Cosmo Tech can model the dynamic behavior of an industrial system over time meaning that “emerging behaviors can be detected and results can be predicted even under conditions that have never occurred before”.
“Gathering data from Industrial IoT sensor arrays and using that data to predict the short-term future of an asset is of course very interesting but it is not sufficient. Instead, decision makers need to know how their industrial systems will evolve and how to optimize those systems to achieve performance and operational efficiency targets,” says Michel Morvan, co-founder and Executive Chairman of Cosmo Tech. “We believe that only Cosmo Tech empowers a decision maker to ask both ‘what-if’ and ‘how-to’ questions, and build optimal, justifiable, and reliable action plans from the answers.”
Cosmo Tech’s Simulation Digital Twins allow users to virtually test their systems, unlock hidden value, and justify their strategic and operational decisions with facts.
“The insights that our Simulation Digital Twins offer to decision makers are a direct result of the decades of fundamental research that underlie our technology“, says Hugues de Bantel, Cosmo Tech’s co-founder and CEO. “Our software is already helping clients in the automotive, manufacturing, energy, and supply chain sectors to meet their enterprise performance and operational efficiency targets and achieve next-quarter value creation.”
Gartner’s recognition of Cosmo Tech’s Simulation Digital Twin technology comes after Quadrant Knowledge Solutions named the company a technology leader in its 2021 Spark Matrick for DTOs.3 Quadrant’s analysts lauded the company’s 360° holistic system simulation that helps decision makers to “understand the behavior of the whole system, leveraging predictive and prescriptive analysis, cloud-based architecture, and scalability”.
Quadrant highlighted Cosmo Tech’s “unique capability of combining deep system modeling and simulation with a scalable and open SaaS framework”. They noted the power of Simulation Digital Twins to enable companies “to visualize each layer of their operations and their interdependencies, and project them into a short or long-term future to prescribe the best operational or strategic optimization”. Cosmo Tech was one of the handful of companies identified by Quadrant as a Technology Leader in the DTO space, recognition of the company’s performance in both technology excellence and customer impact.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
1. Gartner “Market Guide for Technologies Supporting a Digital Twin of an Organization,” Marc Kerremans, 13 July 2021
2. Gartner Methodologies, “Gartner Market Guide,” https://www.gartner.com/en/research/methodologies/market-guide
3. Quadrant Knowledge Solutions, “SPARK Matrix: Digital Twin of an Organization, 2021 – Market Insights, Competitive Evaluation, and Vendor Rankings”, March 2021
Cosmo Tech designs Simulation Digital Twin software to solve the most complex industrial problems and lead enterprise decision making. This next-gen hybrid AI technology provides 360° simulation that predicts the evolution of an organization in uncertain environments to better understand the impact of decisions and to optimize all levels of enterprise planning. With this 360° view of the organization, decision makers can run unlimited scenarios to anticipate all possible futures even under conditions that have never occurred before. Leading companies from the manufacturing, automotive, energy, and transport sectors rely on Cosmo Tech scalable solutions to ensure a future that is robust, resilient, and sustainable.