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Sponsored by Siemens, MIT Technology Review Insight’s report, The Emerging Industrial Metaverse, analyzes the emergence and application of the industrial metaverse, future challenges and opportunities, and the impact it will have on businesses and everyday life. Executive summary Industrial metacomes – a metacomes domain that maps and simulates real-world machines, factories, cities, transportation networks, and…
Interoperability: Companies building and nurturing an industrial metaverse need open and interoperable solutions that enable seamless, real-time and synchronous collaboration. To do this, they need to build open apis, compatible data formats, and protocols, much like today’s Internet Protocol Suite. The goal is to integrate the industrial meta-universe in a common language. In this way,…
Pursue sustainable development An energy-efficient meta-universe powered by renewable energy will have the potential to help accelerate the process of sustainable transformation by empowering companies to harness the power of data. Digital twins can make construction projects significantly more resource efficient during construction and throughout the building life cycle. For example, by collecting data generated…
At the heart of the industrial metaverse will be a digital twin – a virtual model that accurately reflects real-world objects. A digital twin combines all the data from a physical object’s entire life cycle. In fact, a digital twin can simulate every aspect of an object with as much precision and detail as a…
Like something out of science fiction, the meta-universe aims to blur the lines between physical and digital space, creating a digital world that provides a highly immersive, highly personalized environment for people to meet, buy and sell goods, and participate in events. In some ways, this meta-universe already exists. For example, the video game Fortnite…