FINAL WORD
fancy headsets ; rather , it will bring colleagues into a single shared business application . And because the industrial metaverse is simply a progressive layer on top of companies ’ existing digital investments , it is a natural way to protect their future . design and build , and helps optimise operations . We also have the ability to live-stream information in a 3D virtual environment , with real time sensor data streaming , multi-person synchronisation and voice over internet protocol .
Simon Bennett , Director Innovation and
Incubation , AVEVA
Layer those technologies together and you open up tremendous new opportunities and use cases , such as live design reviews , real-time construction simulations and operations collaboration .
Therefore , the earliest opportunities will be in industries that have made significant investments in how they manage information and use it to support profitability and sustainability . These could range from supply chain management to construction simulations during design , safety assessments and other ways of optimising operations .
Industry 5.0 with AI
The next phase will be all about adding in AI . We already have the tools to use machine learning in industrial applications , such as to predict potential equipment failures . Countless customers have used machine learning technology to slash downtime , improve productivity and efficiency , and even avert catastrophe by minimising risk to life .
Teamwork makes the dream work . The industrial metaverse brings teams together across geographies and speeds up their decision making .
Away from the hype
Unlike the widely hyped general metaverse , and away from the hype of web 3.0 , cryptocurrencies and non-fungible tokens , the concepts of the industrial metaverse are much simpler . They are here today and can be directly linked to meaningful business cases and work processes . Those concepts which remain safe and valuable are simple : digital twin and collaboration . Both are already highly validated in industrial settings .
The digital twin is already being widely used . From the automotive and energy sectors to manufacturing and construction , the digital twin supports engineering
Now , back-office industrial AI technologies , whether machine learning or neural networks , could easily manifest in a 3D-virtual environment as an avatar , delivering the same data . Millions of people have now used generative AI and could easily prompt such an AI entity to deliver conversational responses about data readings from the digital twin ,’
These could be queries such as show the difference between this pressure stream and the readings from last year for this valve , or summarise the tasks from the last design review meeting .
If you see the industrial metaverse as a layer of collaboration on top of a digital twin , AI is an assistant , bringing new insights to collaborative conversations . And when humans and AI come together , the stage is set for Industry 5.0 , the forthcoming new paradigm where people work alongside intelligent machines .
That is why the industrial metaverse could well acquire a new name in the coming months .
Working together is a theme which will never go away , so expect new nomenclature along the lines of Industrial Collaborator 5.0 . We may even refer to it informally as the Virtual Transporter 5.0 . My apologies to Star Trek . p
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