technologies will revolutionise engineering , design , testing and training .
A leader in this concept is Siemens , the German multinational technology conglomerate and manufacturing giant . With an annual revenue in 2023 of US $ 83.1bn , a 6.5 % increase from 2022 , the company ’ s stake in the industrial metaverse is fuelling profit and growth , as elaborated upon at CES 2024 by CEO Roland Busch .
“ We envision the industrial metaverse as a virtual world that is nearly indistinguishable from reality , enabling people – along with AI – to collaborate in real-time to address real-world challenges ,” he said .
“ This will empower customers to accelerate innovation , enhance sustainability and adopt new technologies faster and at scale , leading to a profound transformation of entire industries and our everyday lives .”
Siemens ’ s investment in the industrial metaverse has been profound , through solutions like the Siemens Xcelerator Ecosystem , Comos Walkinside and the Omnifactory .
Virtual training in the industrial metaverse Mistakes on the factory floor matter a lot . They can create substantial financial losses through downtime , or in worst-case scenarios lead to life-changing injuries .
72 October 2024