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The border between real and virtual worlds becomes thinner and thinner day after day. And while we are still far from a movie-like futuristic dream of existing in a full-fledged digital dimension, the metaverse currently offers us a set of new opportunities not only for entertainment purposes but for soaring business growth and virtual economy expansion.
When starting a conversation about metaverse usage for business, we need to also pay attention to the phenomena of digital twins, the technology that also has been gaining momentum during the last few years. But how are the metaverse and digital twin connected? Find out the answer and comprehend the value of such a connection through the experience of a top metaverse development company.
Let’s start with understanding the basics. Metaverse, at its core, is a system of interconnected virtual worlds that users can interact with through the avatars they turn into while using VR gadgets in the real world. However, the current state of the metaverse is far from this description.
Nowadays, there are a number of separate platforms that allow you to dive into virtual reality, but we are still lacking the interconnectivity that would turn the internet into a full-scale virtual world that the metaverse concept actually implies.
However, while still far from its utopian view, the metaverse can drive real value for businesses. Metaverse use cases are diverse, starting from an immersive experience for employees and customers or revealing new revenue streams.
If you follow the tech industry for the last few years, you can see the metaverse turning into a hot topic. It intrigues executives from different industries, and with tech giants like Meta investing in the metaverse, we can expect it to grow exponentially and be adopted by more and more businesses worldwide.
In turn, the digital twin has been adopted by businesses much earlier than the metaverse, as the technology was first introduced in the early 2000s. But to gain tangible value and a competitive edge from it, companies should have tech capacities to power up and support a digital twin, and this implies ensuring enhanced connectivity, availability of large data storage, sufficient bandwidth, etc.
A digital twin is a digital replica of a real-life asset, process, or product that receives real-time data updates about the original, the conditions it exists, and other factors impacting the real-life object. The application of digital twins pursues different goals, from virtual training with 24/7 availability to predictive maintenance of equipment in factories and plants.
The tech conditions required by digital twins to operate efficiently might have not been affordable for companies before, but the rise of cutting-edge technologies, including metaverse, is making the implementation of digital twins more realistic and cost-efficient than ever.
The implementation of metaverse digital twins reveals huge potential for metaverse development companies, and here is why. While the metaverse might be a stand-alone virtual dimension totally independent of our physical reality, there is also a possibility and even a need to have a precise digital simulation of our world. That is where digital twins become more relevant than ever, as they allow for building an exact digital copy of real objects or processes.
Basically, a digital twin becomes a building block of the metaverse, supplying realism to virtual reality. Such convergence is especially valuable for businesses because it lifts the restrictions and risks present in the real world, opening a lot of new opportunities.
As you can see, metaverse and digital twins allow us to precisely modulate the situation virtually as it would happen in reality, but without disrupting the production process and generating downtime, risking wasting resources on a theory that won’t prove itself to jeopardizing crew safety.