We continue our short series on the metaverse landscape, with a look in a little more detail on our definition of the Industrial Metaverse.
The Industrial Metaverse is focused on optimizing industries’ production processes and operations. It aims to increase efficiency, reduce costs and improve product quality by enabling businesses to simulate and optimize their manufacturing and supply chains in a virtual environment.
The industrial metaverse simulates real-world systems, utilizing technologies and approaches such as digital twins, AI, extended reality, blockchain, as well as cloud and edge computing to create a powerful interface between real and digital worlds.
Through allowing businesses and organizations to model, prototype, and test design iterations, the industrial metaverse enables digital real-world problem solving, focusing on purpose driven use cases aligned with real-world challenges and business needs.