News In Context

The Rise Of The Industrial Metaverse

While the hype around the consumer metaverse has receded, the convergence of digital twins and three rapidly evolving fields – spatial computing, artificial intelligence (AI), and Web3 and blockchain – is propelling the next phase of the industrial revolution, says a new World Economic Forum report.

“The industrial metaverse impacts the entire value chain, driving productivity andgrowth, opening avenues for diverse revenue streams, solving real-world problems digitally, and driving greater efficiency,” says the “Navigating The Industrial Metaverse, A Blueprint For Innovations” report. It analyzes over 600 spatial experiences and Web3 initiatives executed by 100 of the largest companies across 10 industries, including industrial manufacturing, automotive, cities and urban infrastructure, energy, and healthcare.

This article is part of The Innovator’s premium content and available only to The Innovator’s Radar subscribers. Click here to sign up for a free four-week trial
If you are already a Radar subscriber click here to sign into your account.

About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.