Much of the hype surrounding the metaverse has focused on its potential for interactive and immersive consumer experiences. Does this reflect the promise of this vast, virtual space for asset-intensive industries?
Many significant business benefits await in the industrial metaverse and Industry 4.0 digitalization sets a path for realizing these advantages.
So much of the hype surrounding the metaverse has focused on its potential for interactive and immersive consumer experiences. What can be said about the promise of this vast, virtual space for manufacturing, transportation, logistics and other industries?
The Metaverse opens a range of opportunities for industries :
Enabled by a confluence of network, communication and cloud technologies, the metaverse empowers industries to shift expensive, time-intensive activities into a fully virtual world. Activities like prototyping and testing are far more flexible and accessible in a digital format, allowing industries to iterate, experiment and validate like never before. As Raghav Sahgal noted, “The use cases are infinite, quite frankly, because you can apply it (the metaverse) to almost any industry.”
Most of the use cases possible today involve creating digital instantiations of physical assets – (manufacturing production lines for example) in the application of digital twins. This brings substantial benefits over traditional prototyping when combined with real-world data – and when the digital twin becomes immersive and three-dimensional. It simulates and predicts how an object or process will function as a physical, fully realized entity. Companies can run test after test, iteration after iteration, until they get the best outcome for their operation. This removes the guesswork and capital involved in reconfiguring physical operations to test new models.
Beyond manufacturing, in the logistics industry, companies can create a digital twin of their operation flows using data from within the warehouse and from across the extended supply chain for better operational decision-making, enhanced processes, productivity and resilience.
Railways can leverage digital twins to optimize maintenance and uptime of rolling stock and rail infrastructure, and improve customer experience and safety in stations. Industrial metaverse-enabled digital twins can optimize passenger flow, and improve the management of complex timetables, identifying conflicts and “trickle-down” congestion scenarios. The list of use cases across industries goes on and on.
While these examples help visualize the opportunity, the industrial metaverse extends beyond digital twinning to other valuable applications like 3D instructional work orders, training and collaboration. Workers stand to benefit from augmented, engaging on-the-job instruction with real-time access to experts for questions and consultation – speeding job processes, new technology onboarding and new hire training. Metaverse-enhanced remote collaboration allows workers to engage virtually alongside each other with artificial intelligence, speeding problem-solving and information sharing using intelligent, dynamic analytics living in the cloud.
Original Article : https://www.nokia.com/blog/the-metaverse-industrys-next-evolution/
Hello! I am 28 year old Freelancer. I have interests in accountancy and gaming. I like many genres of games like Role playing and First person shooters. I also like nature Photography. I hope u enjoy my words and hope to publish many interesting articles on the website.
