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Kathleen Martin

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In recent years, Metaverse has become one of the biggest buzzwords across industries — most especially in technology and popular culture — with major stakeholders making investments to help create the convergence of the digital and physical worlds. For the layman, the Metaverse is a 3D virtual universe where users can gather as a group of avatars, interacting with one another in surroundings that replicate the physical world with select modifications.
As cryptocurrency becomes more widespread and digital financial capabilities continue to grow, the establishment of the Metaverse couldn’t come at a more suitable time. The virtual world opens a world of opportunities for users to try out various activities that they can normally do in real life, only it’s online and in a completely new space. It also offers a novel and immersive internet experience in which major brands across various industries are eager to join in.
In the Philippines, the Metaverse is ripe for business opportunities, especially for small and medium enterprises that have come to rely on digital tools for their businesses amid the pandemic.
“Given the growing interest and excitement surrounding the Metaverse, business leaders must begin their research and develop a better understanding of the Metaverse,” said Abraham Lim, Secure Power director at Schneider Electric Philippines. “The next few years are crucial for the digital and technology spaces. Leaders must be prepared for what the constant evolution of technology could have in store for them, and what it will take to bring the Metaverse to life.”
Betting the future of business on the Metaverse
The world is transforming at a rapid pace. Given the onslaught of digital and technological changes, organizations will need to keep up with emerging customer demands, which in turn will enable them to navigate the current and future economic environment. For this reason, CIOs across the board must start thinking of ways to drive growth and remain agile. One way to do this is by bringing their digital presence to the next level and be well-prepared to do so, once the Metaverse becomes a reality.
Continue reading: https://backendnews.net/how-edge-computing-plays-a-key-role-in-preparing-for-the-metaverse/
 

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