Companies want to build a virtual realm to copy the real world

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

The corporate metaverse is largely a collection of objects or “digital twins”, virtual 3D replicas of all sorts of physical assets, from single screws to entire factories

One new virtual world deserves real attention: the “enterprise metaverse”. Forget rock stars and fancy frocks, this is essentially a digital carbon copy of the physical economy. Building living, interactive blueprints that replicate the physical world might, in time, come to shape it. The vision of what this might mean has become clearer in recent days.

Whether the enterprise metaverse becomes a reality is not simply of interest to aficionados of corporate information technology . Innovations unlocked through insights gleaned from digital mirror-worlds can help firms become more adaptable and efficient—helping them reduce carbon emissions, for example.

But other bits have only recently become good enough, including superfast wireless links to connect sensors, cloud computing, and artificial intelligence, which can predict how a system is likely to behave. “Digital twins aggregate all of these things,” explains Sam George, who runs the enterprise-metaverse effort at Microsoft.

Nvidia’s roots in computer graphics mean it focuses more on collaboration and creating demand for its chips. Its Omniverse is also a platform for shared virtual spaces, but one that allows groups of users to bring along elements they have built elsewhere and combine these into a digital twin they can then work on as a team.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Clubhouse Is Working to Become a “Real Company”Since a $4B valuation, downloads of the pandemic-popular app have fluctuated and competitors have launched, so Clubhouse is back to the basics after growing 'way, way, way too fast.'
Source: THR - 🏆 411. / 53 Read more »

From Covid to cancer: BioNTech CEO wants to get company back to its rootsBioNTech CEO Dr. Ugur Sahin is trying out the same mRNA technology that underlies the Covid-19 vaccine brought to much of the world — along with its partner Pfizer — to try to improve the newest and riskiest approach to treating cancer: CAR-T therapy. Evil empire
Source: CNN - 🏆 4. / 95 Read more »