![]() The Industrial Metaverse will result from the evolution and convergence of technologies such as artificial intelligence, blockchain, and cloud and edge computing. However, it requires, at least as importantly, openness, collaboration, and strong ecosystems.” “This research shows that building this digital world is about leveraging and integrating powerful technologies. They can use it to make machines, factories, buildings, and entire cities and traffic systems more efficient, resilient, and sustainable,” said Peter Körte, Chief Technology Officer and Chief Strategy Officer of Siemens AG. “Through the Industrial Metaverse, businesses can develop sustainable products faster, easier, and cheaper. Moreover, it points out the challenges that decision-makers in businesses and society face to enable this digital world – and how they can harness its tremendous potential. The report explores the building blocks of the Industrial Metaverse, its use cases, and the effects it will have on businesses, economies, and everyday life. The seamless integration of the real and digital worlds will empower people and companies to solve real-world problems. The Industrial Metaverse will be a digital world that mirrors and simulates real machines, factories, buildings, and entire cities and transportation systems. ![]() A recording will be available afterwards. MIT Technology Review together with Michael Grieves, Executive Director of the Digital Twin Institute, and Peter Körte, Chief Technology Officer and Chief Strategy Officer of Siemens will bring these scenarios to the virtual stage on March 30 during a live-streamed webcast (link: ). It is available free of charge as of March 29 (link: ). The result of this collaboration is a comprehensive report about the potential of The Emergent Industrial Metaverse, which compiles the most recent research in the field and includes interviews with leading technologists, industry analysts, business leaders, and researchers. ![]() Siemens and MIT Technology Review have embarked on collaborative research to explore the development and opportunities of the rapidly developing Industrial Metaverse.
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