A digital twin (DT) is a virtual model designed to accurately reflect a physical object. We examine the economic benefits of digital aqua twin platform technology, which is applied to aquaculture to optimize production of cultured olive flounder and eel in South Korea. The economic benefits consist of two parts: (1) the benefits from technology development and (2) the benefits from technology adoption. The findings reveal that the benefits from technology development are greater than those from technology adoption. This implies that it is necessary to consider the former, which is often ignored in the previous literature, in quantifying the economic benefits of information technology.