Can somebody explain what makes a digital twin anymore valuable than a standard real time KPI dashboard?

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The twin allows you to simulate conditions. A digital twin is more like a sandbox where a dashboard is more like a scoreboard.

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Not necessarily , historical data is there in most digital twins because you want to measure the performance of previous decisions, probabilistic model - nice to have. Let’s take an example. You have a digital twin for dropship management, you can simulate the decisions of pulling and order forward, measure the resultant otifs and other kpi. Based on that you can publish it to execute the decision. Hope that helps

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Could be both. If you’ve set up your twin right, you would be able to run what if scenarios based on historical data and expected future results.

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