2023-06-13 17:49:13
The study ‘The metaverse at work’ prepared by Ernst & Young (EY) y Nokia concludes that companies that have already deployed use cases from the industrial metaverse are experiencing a 15% reduction in capital expenditures, a 10% increase in sustainability, and a 9% improvement in security.
Specifically, the study includes the opinion of 860 representatives of companies from four industrial sectors in the United States, Brazil, the United Kingdom, Germany, Japan and South Korea. The sectors are automotive, industrial goods and manufacturing, transportation, supply chain and logistics, and energy and utilities.
The authors of the report have also pointed out that the figures reveal that companies that have already deployed use cases of the metaverso they are “seeing more benefits than those still in the planning phase expect” from applying it to their business.
The results of the study also show that companies believe in the “power of the metaverse” and that metaverse technologies are “here to stay” with only 2% of respondents considering the metaverse a “buzzword.”
Additionally, 58% of companies with industry metaverse implementation plans have already implemented or tested at least one related use case. Likewise, 94% of companies that have not yet begun their “journey to the metaverse” plan to do so in the next two years.
“Companies also claim that the industrial metaverse is creating substantial business value. On average, 80% of those who have already implemented metaverse use cases believe they will have a significant or transformative impact on the way they do business,” the study authors noted.
On the other hand, almost all respondents (96%) see how, by mixing physical and virtual use cases, the metaverse brings additional innovative capabilities that will allow them to “accelerate the deployment, adoption and monetization” of ‘industry 4.0’ for your business.
Geographically, the United States (65%), United Kingdom (64%), and Brazil (63%) currently lead the list of countries that have deployed or tested at least one enterprise or industrial metaverse use case. The average in Germany is 53%, while in Asia-Pacific it is less advanced (Japan, 49%; South Korea, 49%).
As for the main potential of the industrial metaverse, companies have mainly pointed to the use of extended reality for the training and development of workers, while three of the four surveyed industries chose the use of virtual R&D to improve the product design and processes.
The executive director of Consulting and Business Transformation at Ernst & Young, Vincent Douin, has assessed that the industrial and business metaverses “are already here” and that the study shows the “clear appetite” for technologies such as extended reality and digital twins to achieve business objectives.
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