Search Results for: metaverse

Espoo, Finland – Companies that have already deployed industrial metaverse use cases are seeing more reported benefits than those still in the planning phase expect, most notably in capital expenditure reduction (15%), sustainability (10%) and safety improvement (9%), according to a study published today by Nokia and EY. Examining the current state of the enterprise and industrial metaverses, The metaverse at work study which surveyed 860 business leaders across six countries shows that the industrial metaverse, particularly, is expected to deliver on and beyond expectations.

London, UK. 9 May 2023 – Teenagers and those in their early twenties are leading the way when it comes to excitement about this weekend’s Eurovision Song Contest and are keen to further enhance their Eurovision experience by using technology, according to research by Amdocs, a provider of software and services to communications and media companies.

The metaverse is something we never stop hearing about when it comes to new applications being created, and money to be made through 5G and the edge. But the all-important consumer market needed to drive it seems to be faltering, says business technology journalist, Antony Savvas.

There’s a lot happening in digital communications this month with the GSMA’s annual Mobile World Congress event returning to Barcelona bigger, busier and healthier than it’s been for years. Jim Morrish, co-founder of analyst firm Transforma Insights tells IoT Now and VanillaPlus’s editorial director, Jeremy Cowan what to look out for at the world’s best tech show. Plus Jeremy gets ready for a busy retirement as an author, and hands over the Trending Tech Podcast mic to two enormous talents in the shape of Jim and his TI co-founder, Matt Hatton.   

Seoul, Korea, 29 November 2022 – SK Telecom has announced that it had signed a memorandum of understanding (MOU) with Asia’s communications technology group, Singtel, to jointly grow the metaverse business in countries where the group operates in, starting with Singapore.

TIP (Telecom Infra Project) has formed a new industry group to help telcos get ready for the opportunities offered by the evolving metaverse. With this group, business technology journalist Antony Savvas asks whether it’s good that telcos seem to be keeping their enemies close to them.

As 5G uptake in many parts of the world bridges the milestone from early adopters to mass adoption, major new Ericsson research the global study of its kind to date underlines consumers’ growing commitment to 5G and their expectations on next-generation uses cases.

Hanover, Md. 28 September 2022 – A new global study commissioned by Ciena has uncovered just how ready business professionals are to collaborate in the virtual world. Ninety-six percent of the 15,000 business professionals surveyed across the globe recognise the value of virtual meetings, and more than three-quarters (78%) say they would participate in more immersive experiences like the metaverse versus current tools, such as video conferencing. Additionally, while appetites grow for the new digital world, unreliable network performance was cited (by 38% globally) as the top concern holding organisations back.

Spain, 14 September 2022 – Orange has opened a store in the metaverse and claims to be the first company in the Spanish telecommunications market to open a commercial space in this virtual world. Orange says it is working to reinvent customer experience in the field of virtual commerce in the light of the upcoming metaverse. This project is part of a more global context of experimentations across the Group.

Conversations around the metaverse are evolving fast. Where discussions used to focus mainly on the gaming industry, today analysts and business managers are increasingly excited about the opportunity for collaborative work within enterprises and small to medium-sized businesses (SMBs). As Jeremy Cowan finds, one of the key catalysts for new attitudes to the metaverse has been Covid, or more particularly, changes to way we work forced on us by the pandemic.  “Metaverse is changing how we work, relate and play – but work comes first “