Siemens and MIT Technology Review have teamed up to explore the rise of the Metaverse in the industrial sector. They released a new report titled “The Emergent Industrial Metaverse” that takes a close look at how this technology began and the main parts that make it up. The report examines use cases, challenges, opportunities, and their influence on businesses, and speaks with many experts to develop useful ideas and ways for companies to succeed in the industrial metaverse.
At the heart of the transformation lies the digital twin, a fundamental building block of the metaverse. The report delves into how the industrial metaverse will integrate the digital and physical realms, revolutionizing industries.
Head of Strategy for Technology and Innovation Management at Siemens, Annika Hauptvogel, asserts that collaboration and openness must underpin every digitalization strategy moving forward. Michael Grieves, Executive Director of the Digital Twin Institute, proposes that by concentrating on a well-defined goal, companies can establish an understanding of what’s hype, what’s real and what’s not real.
On March 30, MIT Technology Review and Siemens will offer insights into factors shaping the industrial Metaverse and its anticipated effects, and how, when, and where to join the movement. They will discuss measuring success in an era of digitally addressing real-world challenges, offering thought leader perspectives that distinguish facts from fiction, helping organizations embark on their own Metaverse journey.
