The report launch will be followed by an in-person event on the MIT campus on Jto deepen the conversation around the industrial metaverse and its impact.įounded at the Massachusetts Institute of Technology in 1899, MIT Technology Review is a world-renowned, independent media company whose insights, analysis, and interviews explain the newest technologies and their commercial, social, and political impacts.

Join MIT Technology Review and Siemens on March 30 for thought leader perspectives that separate hype from truth and help organizations begin finding their way in the industrial metaverse. They'll share their critical insights on what is shaping the industrial metaverse its projected impact how, when, and in what ways to get on board and how to measure success in the era of solving real-world problems digitally. MIT Technology Review will bring these strategies and more to the virtual stage on March 30 in a special livestreamed session featuring Grieves and Peter Körte, CTO and Chief Strategy Officer of Siemens. Michael Grieves, Executive Director of the Digital Twin Institute, suggests that by working within the confines of a clear objective-such as minimizing waste or accelerating product development cycles-organizations can build 'an understanding of what's real, what's not real, and what's hype.' Additionally, organizations must determine a value proposition for their industrial metaverse initiatives before diving into this emerging technology.

MIT Technology Review Insights conducted interviews with technologists, industry analysts, and academics worldwide to compile strategies and best practices that enable organizations to find their way to the industrial metaverse.Īmong those: 'Collaboration and openness need to inform every digitalization strategy going forward,' says Annika Hauptvogel, Head of Strategy for Technology and Innovation Management at Siemens. (PRNewsFoto/MIT Technology Review)ĭesigned for those tasked with making technology decisions, The Emergent Industrial Metaverse explores the emergence of the industrial metaverse: its building blocks, use cases, challenges and opportunities, and the effect it will have on both businesses and everyday life.

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