The top three financial objectives for using Digital Twins are grow revenue, increase operating margins, and cut costs. Process and asset-intensive industries have no commonly accepted definition of Digital Twin. Many manufacturers struggle to understand exactly what a Digital Twin is (and what it is not) and how the industrial enterprise can achieve competitive advantage with it. This report advances the Digital Twin dialog and examines: The status of the Digital Twin and supporting technology adoption today Critical dimensions of Digital Twins in the process and asset-intensive industries How businesses can use Digital Twins to drive Operational Excellence Initial steps companies must take to deploy Digital Twins Use cases for Digital Twin in process manufacturing