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“Better-than-real-life” work environments can be possible: Extended reality (XR) headsets can, for example, enable agile software development teams around the world to access each other’s data, tools and insights in the metaverse for more effective collaboration. The metaverse can also help cut costs and increase the speed of maintenance at industrial facilities, product design and more. Instead of building a physical prototype (or flying people into industrial plants), build lower-cost virtual twins — which designers and engineers around the world can work on.
The metaverse’s virtual simulations can also help you to visualize better — with remarkable efficiency and continuous updates — supply chains, markets, investment strategies, workplace environments and more. You can, for example, test out new layouts for storefronts, warehouses, or manufacturing facilities in a virtual world that you can control.
Companies are looking to metaverse technologies to help enhance both operational efficiencies and agility. This trend could accelerate as XR headsets become more comfortable and photorealistic avatars become common. Collaboration, oversight and decision making may increasingly take place in virtual environments that are lower cost, lower risk and more accessible than physical ones.