{"id":3205,"date":"2022-03-08T16:38:17","date_gmt":"2022-03-08T16:38:17","guid":{"rendered":"https:\/\/davra.com\/?p=3205"},"modified":"2022-03-08T16:38:17","modified_gmt":"2022-03-08T16:38:17","slug":"the-metaverse-is-a-solution-struggling-to-find-a-firm-iot-use-case","status":"publish","type":"post","link":"https:\/\/davra.com\/the-metaverse-is-a-solution-struggling-to-find-a-firm-iot-use-case\/","title":{"rendered":"The metaverse is a solution struggling to find a firm IoT use case."},"content":{"rendered":"

If your eyes glaze over or you cringe every time you hear the word metaverse, don\u2019t worry. You\u2019re not alone. There\u2019s nothing worse than drowning an idea in the hype. And I\u2019m sure a lot of us are old enough to remember <\/span>Second Life<\/span><\/a> the first time around, a virtual world where people developed unique identities, held jobs, hosted workshops and concerts, and bought and sold goods in their own currency.\u00a0<\/span><\/p>\n

But the metaverse is something even bigger, and it goes hand in hand with IoT in a surprising number of ways.\u00a0<\/span><\/p>\n

Erm, so what is the metaverse?<\/strong><\/h2>\n

For a quick recap, the metaverse is a broad collective virtual open space, created by the convergence of virtually enhanced physical and digital reality. <\/span>(If you want to dig deep into how we got here, <\/span>this article<\/span><\/a> offers a neat explanation in plain language).<\/span>\u00a0It intersects through various sectors through activities like buying digital land, constructing virtual homes, playing games, and <\/span>visiting art galleries<\/span><\/a>. Many people consider it to be the next evolution of the internet. But it\u2019s also a buzzword that is constantly shapeshifting in terms of scope, capacity, and possibility.\u00a0\u00a0<\/span><\/p>\n

So the question is how excited we should get?<\/strong><\/h2>\n

Ok, I\u2019m not sure how accurate their to date IoT predictions have been. But still, Gartner<\/span> predicts<\/span><\/a> that by 2026, 25% of people will spend at least one hour a day in the metaverse for work, shopping, education, social media, and entertainment. That\u2019s a fair chunk of time and capacity for new business opportunities. <\/span>While we\u2019ve seen a focus on the gaming, retail and social elements of the metaverse. People are talking about what could happen, but are pretty quiet when it comes to how or when.\u00a0\u00a0<\/span><\/p>\n

\"\"<\/p>\n

Let\u2019s be clear, unlike digital twins which have been used for some time in use cases like analysing equipment health through performance data, and designing smart buildings, the metaverse sits firmly in the realm of possibility rather than cold hard use cases. <\/span>While digital twins mirror existing ecosystems (like city traffic) using data and sensors, metaverses are intended to be immersive, such as through the use of virtual reality, and can operate without a physical asset. <\/span>If a digital twin is a digital representation of a physical asset, then a metaverse doesn\u2019t need to represent any asset except an idea.\u00a0<\/span><\/p>\n

So, where does this leave us? It seems to be somewhere where IoT and the metaverse converge. B<\/span>ut truth be told, so far, there\u2019s not that much happening.\u00a0<\/span><\/p>\n

I mean, for example, we are still working on digital twins for use cases such as managing the energy grid, which is subject to vulnerabilities due to severe weather changes like <\/span>record cold temperature<\/span><\/a> in Texas, and <\/span>the threat of cyber attacks<\/span><\/a>. In this scenario, energy companies can use digital twin technology to get a data-driven deep dive into real-time data from energy metres, weather sensors, solar panels, wind turbines, battery management systems, and grid software. This information can be analysed to develop ways to stabilise the grid.\u00a0<\/span><\/p>\n

By comparison, when we talk about the metaverse, we\u2019re talking about potential rather than practicalities. A virtual space could be useful for design collaboration, for example, designing electric batteries for cars or architectural layouts of robotic-powered factories, but right now, we\u2019ve barely got started.<\/span><\/p>\n

\u00a0Rest assured, things will come as technology evolves and expands, but until then, we\u2019re not really missing anything.\u00a0<\/span><\/p>\n

Author<\/b><\/h2>\n

Anthony Sayers, Director of IoT Ecosystems & Partners, Davra Connect on LinkedIn<\/a><\/p>\n

If your interested in learning more about how to develop an IoT strategy, reach out to us here at\u00a0Davra.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If your eyes glaze over or you cringe every time you hear the word metaverse, don\u2019t worry. You\u2019re not alone. There\u2019s nothing worse than drowning an idea in the hype. And I\u2019m sure a lot of us are old enough to remember Second Life the first time around, a virtual world where people developed unique […]<\/p>\n","protected":false},"author":10,"featured_media":3206,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yst_prominent_words":[2401,2442,75,234,1004,1003,1546,53,634,2358,1055,1352,173,1006,1931],"_links":{"self":[{"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/posts\/3205"}],"collection":[{"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/comments?post=3205"}],"version-history":[{"count":0,"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/posts\/3205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/media\/3206"}],"wp:attachment":[{"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/media?parent=3205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/categories?post=3205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/tags?post=3205"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/davra.com\/wp-json\/wp\/v2\/yst_prominent_words?post=3205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}